IIFL Finance successfully raised $500 million through international dollar bonds, marking the first such issuance from India since January. Priced at 7.6%, the 3.25-year bond attracted significant investor interest despite geopolitical volatilities. Proceeds will fund lending to economically weaker sections, including MSMEs and gold loans.
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