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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The South Korean carmaker may have made headlines teasing an aggressive product push in India. But, the absence of details and urgency gives little respite to investors reeling from declining sales and a 12-year market share low.
Investors in Hyundai Motor India Ltd face an uncomfortable truth—things are likely to get worse for India’s second largest carmaker before they get better, if at all.
In fact, the signs are already there. Hyundai’s market share hit a 12-year low in April, when its monthly sales went below those of Mahindra & Mahindra and Tata Motors, putting it in fourth place.
That apart, what is fuelling the sense of foreboding is the management commentary. The tone of the recent investor call was sombre, at best. “Nobody wants to lose market share. Even we don’t. But, at the same time, …
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
From cancelled races to scrambled calendars, the Iran conflict is testing an over two-decade partnership that powered the sport’s growth.
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
