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Pankaj Oswal's Daughter in Uganda: Pankaj Oswal has sought the United Nations' help to free his daughter, Vasundhara, who is detained without trial in Uganda. He alleges corporate and political manipulation, and violations of human rights. The family has paused a $150 million investment in Uganda. Renowned lawyer Cherie Blair has been engaged for the case.
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News and Media
Hyundai India's Rs 27,870 crore IPO was subscribed 20% by the second day. Retail investors led with 29% subscription. The offer is an OFS with all proceeds going to Hyundai Motor Global. Analysts recommend subscribing for long-term gains citing Hyundai's strong brand and growth prospects.
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News and Media
Dipan Mehta of Elixir Equities recommends long-term investment in Hyundai's IPO due to its strong product profile and EV strategy, though a tepid listing is expected. Reliance is considered weak in the current environment, while export-oriented stocks are not attractive due to mild rupee depreciation. Avenue Supermarts faces challenges from quick commerce innovations.
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News and Media
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