The Securities and Exchange Board of India (Sebi) has proposed a pilot program to allow select agricultural commodity derivatives to trade as cash-settled instruments before mandatory physical settlement. This initiative aims to boost liquidity and market confidence in agricultural contracts, with commodities like maize, groundnut, and chilli being considered for the pilot.
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