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Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest
Edelweiss MF’s Altiva Equity Long Short Fund to launch September 10, Radhika Gupta explains strategy
Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance,
ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
Abu Dhabi Investment Portfolio: 10 stocks rally up to 107% in CY26
ADIA’s Indian equity portfolio gained 2% in CY26 to Rs 3,792 crore, with six holdings rising 10%-107%. Paras Defence led gains, while Firstsource Solutions, DOMS
HSBC Midcap among 5 midcap funds that delivered over 21% CAGR in 3 years. Do you own any?
Five midcap mutual funds delivered over 21% annualised returns in three years, led by HSBC Midcap at 25.1%. Invesco India, ICICI Prudential, WhiteOak Capital and
Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data