NTPC Green Energy’s Q4 FY22 consolidated net profit fell 15% YoY to ₹197 crore despite a 47% revenue increase to ₹913 crore. The decline was caused by a 60% rise in expenses (₹713 crore). However, the profit surged 11X sequentially from the previous quarter.
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