All four junk-rated notes were indicated lower on Monday, Bloomberg-compiled data showed. The August 2024 bond posted the biggest drop, down 0.6 cents on the dollar to 62.6 cents at 1:45 p.m. in Hong Kong, its biggest decline in more than three weeks. Of the four bonds, three were trading below the 80 cents-on-the-dollar mark typically considered distressed.
Localisation will help Hyundai to position cars well in both IC & EV space in India: Tarun Garg
Post listing, Hyundai Motor India will launch the Creta EV and three more electric vehicles soon. The company aims for strong localization in Tamil Nadu