by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
by AIP Online Bureau | Apr 25, 2023 | Risk Management, Technology
“The bottom line is, Kia’s and Hyundai’s failure to install standard safety features on many of their vehicles have put vehicle owners and the public at risk,” California Attorney General Rob Bonta said in a news release “Instead of taking responsibility with...
by AIP Online Bureau | Dec 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life
”The supply chain situation continues to be dynamic due to continuing international disruptions. We are keeping a close watch and are taking appropriate steps,” M&M President, Automotive Division Veejay Nakra New Delhi: Car makers have logged the...
by AIP Online Bureau | Aug 24, 2022 | International News, Non-Life, Risk Management, Technology
The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven’t figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or...
by AIP Online Bureau | Nov 11, 2021 | International News, Non-Life, Technology, Workplace/Employee Benefits
The payout to Kim is the first under the U.S.Motor Vehicle Safety Whistleblower Act, passed by Congress in 2015 to create a whistleblower reward program in the Department of Transportation for industry insiders who provide information to safety regulator The U.S. auto...
