Hyundai IPO Opens Today // Veteran Actor Atul Parchure Passes Away

Hyundai Motor India Ltd (HMIL) is launching India's biggest initial public offering (IPO) today, Tuesday, October 15. While there is excitement, there's also some caution among investors. So far in 2024, nearly 260 companies have raised over $9 billion in India’s strong market, and Hyundai hopes to benefit from this positive trend. Hyundai, India’s second-largest automaker after Maruti Suzuki, is offering 14.2 crore shares for sale by its Korean parent company, with a price range of Rs 1,865-1,960 per share. However, recent market corrections have affected the share prices in the unlisted market. The grey market premium (GMP), which gives a rough idea of how the shares might perform once listed, has been falling as well.
Veteran actor Atul Parchure has passed away at 57 after a long battle with cancer. He took his last breath on Monday, leaving the film industry in mourning. His untimely demise has sparked an emotional wave of tributes across social media. A prominent figure in Marathi cinema, Atul also gained popularity through his roles in Hindi TV shows and movies, including his notable appearance on Kapil Sharma's comedy show.
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