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Tata Motors to buy Iveco's CV business

Mint New Delhi

|

July 31, 2025

$4.36 bn acquisition is Tata's biggest since Tata Steel acquired Corus

- Ayaan Kartik

Tata Motors Ltd announced the acquisition of Italian truck and bus maker Iveco on Wednesday for $4.36 billion in a bid to boost its commercial vehicle (CV) business, ahead of the demerger of its CV and passenger vehicles business expected later this year.

The country's largest commercial vehicle player will assume control of Italy's Agnelli family-backed Iveco, an acronym for Industrial Vehicles Corp., in its largest acquisition ever. This is its second big overseas deal this century after the company acquired Jaguar Land Rover in 2008 for $2.3 billion.

The acquisition is also the second-largest ever for Tata Group after Tata Steel's Corus Group purchase in 2007 for $13.1 billion.

Mint New Delhi'den DAHA FAZLA HİKAYE

Mint New Delhi

Mint New Delhi

Sebi now trains sights on commodity derivatives

Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).

time to read

2 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

Refiners, SCI tap Korean giants for local shipyard

Indian Oil, Bharat Petroleum and Hindustan Petroleum are part of the discussions

time to read

4 mins

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Mint New Delhi

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360 One, Steadview, others to invest in Wakefit ahead of IPO

A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.

time to read

3 mins

November 28, 2025

Mint New Delhi

Would you like to be interviewed by an AI bot instead?

I don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.

time to read

3 mins

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Mint New Delhi

Mint New Delhi

India, UAE review trade agreement to ease market access

Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.

time to read

1 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

It's a multi-horse Street race now as Smids muscle in

For years, India’s stock market ran on the shoulders of a few giants. Not anymore.

time to read

3 mins

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Mint New Delhi

Mint New Delhi

The curious case of LIC's voting on RIL, Adani resolutions

Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.

time to read

8 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

Investors expect AI use to soar. That's not happening

On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.

time to read

4 mins

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Mint New Delhi

Mint New Delhi

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

time to read

8 mins

November 28, 2025

Mint New Delhi

Gupta pilfered from fraud, Trafigura says

Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.

time to read

1 min

November 28, 2025

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