Indian government accuses Kia of $155 million tax evasion in component imports
The South Korean carmaker is facing charges similar to those slapped on Volkswagen for missclassifying imports of parts for its Carnival minivan.
February 05, 2025•2 min
0
February 05, 2025•2 min
0

More in Business
Business
Infra.Market is a hamster wheel looking at a make-or-break IPO
The construction material supply firm’s scale and profitability may appear shiny, but hide a stark truth. Its use of equity to fund working capital is playing with fire when bigger fish are eyeing its business.
You may also like
Business
Hyundai India’s funk will test shareholders’ patience
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.
Business
How did Tata Motors’ Punch become the highest-selling vehicle of 2024?
The compact SUV, which outsold Maruti Suzuki’s Wagon R, has made quite a splash in a segment that its peers have failed to crack. All in a matter of three years.
Business
Hyundai’s India IPO is more than rank opportunism
Hyundai Motor Co.’s move to list its Indian subsidiary through an offer for sale appears opportunistic but does unlock value for the Indian operations in the long term.