Tata Technologies has reserved a 10% quota for Tata Motors’ eligible shareholders. Under the OFS, parent Tata Motors will sell 4.62 crore shares, Alpha TC Holdings will offload 97.1 lakh shares and Tata Capital Growth Fund will give up 48 lakh shares.
Fund houses have developed in-house models to decide the allocation to equity and debt. Most fund houses use a pro-cyclical mode which buys more equity
Australian shares fell, with the benchmark S&P/ASX 200 index hovering near a correction, after Trump ruled out an exemption from steel and aluminum tariffs despite
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