Bharti Airtel briefly surpassed HDFC Bank to become India’s second-most valuable company on Monday, with its market capitalization reaching ₹11.9 lakh crore. However, HDFC Bank’s shares rebounded, pushing it back to the second spot by market close. This shift reflects the underperformance of traditional heavyweights like IT and banks.
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