Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of Rs 1,865 to 1,960 ($22 to $23) per share, sources said on Tuesday, valuing the automaker at up to $19 billion in the country's biggest stock offering this year.

The India IPO will be Hyundai's first stock market listing outside South Korea. In India, it will also mark the first carmaker to go public in two decades since Maruti Suzuki in 2003, and comes just after Indian stock markets touched record highs and saw many companies making debuts.

In the Jammu and Kashmir Assembly elections, the Bharatiya Janata Party (BJP) secured the highest share of votes, although the Congress-National Conference (NC) alliance ultimately won the polls. This was the first election in J&K following the abrogation of Article 370. The Congress-NC alliance is now set to form the government, having secured a majority of seats in the Assembly.

Notably, Independent candidates won more seats than Mehbooba Mufti’s People’s Democratic Party (PDP).

In the Assembly election results announced on Tuesday, the Bharatiya Janata Party (BJP) returned to power for a third successive time in Haryana, securing its best ever vote share and seats tally and defied dire predictions that it was on course for an ignominious defeat because of perceived anger among farmers and youths in the state.

In Jammu and Kashmir, where Assembly elections were held after a decade, and for the first time since the reading down of Article 370, the BJP turned in its best ever performance in terms of seats won and vote share secured.

Logistics parks operator IndoSpace on Tuesday said it is looking to bolster its presence in the manufacturing sector with an increased investment plan of up to Rs 4,500 crore in new logistics and warehouse parks in Tamil Nadu.

A leading developer of Grade A industrial and logistics real estate, IndoSpace had last year signed an initial pact with the Tamil Nadu government for investing Rs 2,000 crore in the state's logistics industry.

The Haryana Assembly elections are shaping up as an unpredictable contested battle between the Bharatiya Janata Party and Congress, with the BJP making a comeback after initially trailing. The saffron party is ahead on 50 seats, while the Congress on 36, the 11:30 am trends showed.

However, the polls may prove a significant setback for regional players Jannayak Janta Party (JJP) and Indian National Lok Dal (INLD), which are both facing a potential wipeout. INLD is leading on two seats, while JJP is ahead on none, according to the trends.

Former Indian cricket team captain and Congress leader Mohammed Azharuddin Tuesday appeared before the Enforcement Directorate (ED) in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

The federal agency will question him and record his statement under the Prevention of Money Laundering Act (PMLA), the sources said.

Haryana Assembly elections: Bhupinder Hooda, the former Congress chief minister and a prominent political leader in Haryana, is leading from his stronghold Garhi Sampla-Kiloi by a margin of nearly 41,000 votes, according to the 12:00 pm counting trends on Tuesday.

Election officials began counting votes for the Haryana and Jammu and Kashmir Assembly elections at 8am. The 12:00 pm trends showed a major trend reversal, in which the Congress is leading in at least 34 seats.

Cognizant Technology Solutions Corp. engaged in a pattern of discriminatory conduct toward non-Indian workers and should pay punitive damages to compensate employees who suffered harm, a US jury found.

The verdict came after the IT firm failed to persuade a Los Angeles federal judge last month to toss a 2017 job bias class-action lawsuit when a previous trial ended with a deadlocked jury.

The ruling BJP edged past the Congress in Haryana while the National Conference-Congress alliance was headed for a majority in Jammu and Kashmir, according to trends on the Election Commission website on Tuesday.

As votes were counted for assembly elections held last month, it was a mixed bag for the Congress and the BJP - the saffron party headed for defeat in Jammu and Kashmir but bucked early morning trends to move ahead of the Congress in the nail biting Haryana contest.

Amazon on Monday said it has acquired free streaming OTT platform MX Player and merged it with its content streaming service miniTV to launch 'Amazon MX Player'.

Amazon did not disclose the valuation of the acquisition.

The merger aims to make premium-free entertainment accessible to a larger audience.

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