Macquarie and Citigroup have given ratings on HDFC Bank, Dabur India, Aavas Financiers, and Bajaj Finance. Citigroup adjusted targets for Dabur India. Aavas Financiers is aiming for stable RoA, while Bajaj Finance expects NIMs reduction.
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