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.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of