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.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest