Muthoot Microfin, a listed pure-play microfinance lender, reported a 32% year-on-year growth in assets under management (AUM) along with a significant improvement in loan collection efficiency, leading to enhanced profitability. Its AUM reached Rs 12,194 crore by the end of March, with loan disbursement rising by 32% to Rs 10,662 crore in FY24.
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