Gold prices hit new highs driven by US PPI data, with MCX June gold futures at Rs 72,678. Silver also rose, influenced by the DXY. Prices surged in April, with significant gains YTD.
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
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
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