Adani Power has surpassed Infosys in market capitalization, becoming the 11th most valuable company on Indian bourses. This shift is driven by Adani Power’s 68% stock surge in 2026, while Infosys experienced a nearly 29% decline. Investors favor Adani Power due to rising energy demand, whereas concerns over AI’s impact on traditional IT services have affected Infosys.
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