Power Finance Corp reported a strong rise in fourth-quarter and full-year earnings for FY26, supported by higher interest income, improved fee income and a reversal in impairment provisions. Lower credit costs and steady growth in core lending operations helped the state-run power sector financier deliver improved profitability despite higher finance costs.
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