Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
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