SBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government equity, aims to attract private capital for the maritime sector’s growth. The fund will operate as a trust and be registered with SEBI, focusing on a blended finance model to boost long-term, affordable capital availability.
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