Hyundai IPO GMP Today: Hyundai India’s IPO opens tomorrow with shares trading at a 3% premium over the issue price in the grey market. The automaker’s parent, Hyundai Motor Global, will offload 17% stake. Despite a lower GMP, Hyundai aims to use proceeds for innovation and R&D.
As rupee slides, RBI weighs securities threat on Bond Street
Officials from RBI’s Financial Markets Regulation Department (FMRD) have informally spoken to banks, particularly foreign lenders, to gauge unwinding of overseas trading positions in Indian