In view of feedback received and recent developments, it had been decided that the latest directions on exchange traded currency derivatives (ETCD) would be applicable from May 3, 2024 instead of April 5 as was said in a January 2024 circular, the RBI said.
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