South Korea and Taiwan’s equity markets are outperforming India, driven by a few tech giants like TSMC and Samsung. While Taiwan’s market cap grew 54% and South Korea’s 81%, India’s market cap has shrunk 7% amid significant FPI outflows. India’s market boasts a much larger number of actively traded stocks compared to its peers.
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