 "Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.")
Hyundai Motor India (HMI) has received approval from Sebi to launch its initial public offering (IPO), which is expected to happen in early November. The IPO, valued at around Rs 25,000 crore, allows Hyundai Motor Company to sell a 17.5 percent stake in its Indian unit. According to Nomura, HMI might achieve a valuation higher ...
 "The Supreme Court denies Linde India’s plea against SEBI-directed valuation, citing confidentiality concerns amid ongoing investigations into related-party transactions.")
The Supreme Court has denied Linde India’s request for relief regarding a valuation process mandated by the Securities and Exchange Board of India (Sebi). This follows the company’s earlier appeal to the Securities Appellate Tribunal (SAT), which supported Sebi’s decision. Sebi instructed the National Stock Exchange (NSE) to appoint a valuer to evaluate Linde India’s ...
 "PhysicsWallah secures 0M funding, soaring to a .8 billion valuation, igniting hope in India’s struggling edtech landscape.")
PhysicsWallah, the renowned edtech unicorn founded by Alakh Pandey, has successfully raised $210 million in a recent funding round led by Hornbill Capital. This investment boosts the company’s valuation to an impressive $2.8 billion, a 2.5 times increase from its previous valuation of $1.1 billion. The latest funding comes at a challenging time for the ...
Bajaj Housing Finance Ltd (BHFL) made a remarkable Market debut, significantly boosting the Bajaj Group’s Market capitalization to Rs 13.6 trillion, up by 9.3% from the previous figure of Rs 12.1 trillion. BHFL’s Market cap soared to Rs 1.37 trillion, exceeding its IPO valuation of approximately Rs 58,300 crore. In contrast, the Adani Group’s Market ...
 "Market Soars: Airtel and IT Giants Lead Historic Valuation Surge")
Last week, the stock Market in India saw a significant rise, with the BSE benchmark increasing by 1,279.56 points or 1.57 percent. The Market valuation of the top ten firms combined surged by Rs 1,53,019.32 crore, with Bharti Airtel and major IT companies like Infosys and Tata Consultancy Services leading the gains. Bharti Airtel’s valuation ...
