Consolidated profit after tax fell to ₹19,101 crore from ₹19,820 crore in the year earlier. Net profit attributable to owners of the company was down 4.7% to ₹16,563 crore from ₹17,394 crore a year earlier. Revenue from operations increased marginally by 0.2% to ₹2.35 lakh crore from ₹2.34 lakh crore in the year earlier.
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