In the last five days, Johnson Controls-Hitachi Air Conditioning surged 15.82% while Voltas and Blue Star rose 8.82% and 5.59%, respectively. Whirlpool of India and Amber Enterprises gained 9.88% and 0.33% respectively. The benchmark Nifty was almost flat in the same period.
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