Hyundai Motor India files draft papers for Rs 25,000 crore IPO

IANS | June 15, 2024 10:11 AM

Mumbai, June 15 (IANS) Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000 crore).

India's aviation sector takes off for next 25 years of growth under PM Modi

IANS | June 14, 2024 1:41 PM

New Delhi, June 14 (IANS) India, which is one of the world's fastest-growing civil aviation markets with domestic air passenger traffic touching record high, has seen robust growth under Prime Minister Narendra Modi, paving the way for shaping the future of the aviation industry for the next 25 years.

India likely to attract up to Rs 4 lakh crore investments in PLI schemes, generate 2 lakh jobs

IANS | June 13, 2024 1:27 PM

New Delhi, June 13 (IANS) The production-linked incentive (PLI) schemes, announced under the leadership of Prime Minister Narendra Modi for 14 key sectors with an outlay of Rs 1.97 lakh crore (over $26 billion) to enhance India's manufacturing capabilities and exports, are likely to see investments worth Rs 3 lakh crore-Rs 4 lakh crore in the next couple of years.