A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.

Hyundai Motor India's IPO opened on October 15. The IPO price is set between ₹1,865 and ₹1,960, and the last day for bids is October 17.

The initial public offering (IPO) of Hyundai Motor India Ltd (HMIL), the Indian arm of South Korean auto giant Hyundai, garnered 42 per cent subscription by the second day of bidding on Wednesday, according to data from the National Stock Exchange (NSE).

India's Bajaj Auto posted a 21% rise in second-quarter adjusted profit on Wednesday, helped by higher domestic sales of its motorcycles. The 'Pulsar' motorcycle maker reported a standalone adjusted profit of 22.

Bajaj Auto on Wednesday has released its financial results for the second-quarter earnings for the period ending September 30, 2024. Alongside this, the company has also announced about an investment in its Brazilian subsidiary to expand its operations in the motorcycle market of South America,

Bajaj Auto announced a robust 21 per cent increase in its second-quarter adjusted profit, driven by significant growth in domestic motorcycle sales. For the quarter ending September 30, the motorcycle manufacturer reported a standalone adjusted profit of Rs 2,