Helped partially by the loosening of purse strings by FIIs, the Sensex has rallied over 7,000 points from its 52-week low of sub-51,000 level in mid-June to 58,000 plus level. Nifty has also bounced around 2,000 points from its mid-summer low after rallying nearly 9 per cent in July.
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