Hyundai offer has some appeal, but may not give investors first-mover advantage

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Hyundai Motor India plans to raise up to Rs 27,870 crore through an OFS, reducing Hyundai Motor Company’s stake from 100% to 82.5% to meet regulatory requirements. Facing market share erosion and heightened competition, the company aims to increase capacity and launch new models to boost growth.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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