Hyundai Motor considers listing of Indian subsidiary

According to people familiar with the matter, South Korea's Hyundai Motor Co. is evaluating plans to list its Indian subsidiary, aiming to raise $3.3 billion to $5.6 billion. Last week, world-renowned investment banks including Goldman Sachs, Citigroup, Morgan Stanley and JPMorgan Chase gathered in Seoul to make a presentation to Hyundai Motor's leadership.