
Tata Motors takes 89.42% of Iveco; Chandrasekaran becomes chairperson
Tata Motors settled its EUR 14.40-a-share Iveco tender on October 30, 2026, taking about 89.42%; the offer reopens November 2 to 6.
Festive demand lifted October 2026 car sales: Maruti sold 2,12,384 units, Tata 73,894, and Mahindra's 73,338 SUVs and Hyundai's 82,299 total were records.


Tata Motors settled its EUR 14.40-a-share Iveco tender on October 30, 2026, taking about 89.42%; the offer reopens November 2 to 6.

Indian Oil Corporation posted a standalone Q2 FY27 profit of Rs 21,630 crore on 30 October 2026, after a Rs 2,661 crore loss in April-June, helped by refining margins.

PNB said on 29 October 2026 it had settled three claims worth Rs 43 lakh after customers of a Greater Noida branch alleged that about Rs 35 crore went missing from their accounts.

IndiGo reported a Rs 1,879.1 crore loss for July-September 2026 on October 29 as fuel costs rose 67%; CEO Willie Walsh said higher fares cannot be avoided.

Transformers and Rectifiers (India) announced on October 27, 2026 a Rs 1,250 crore plan for three component plants in Gujarat, with 1,000-plus jobs.

Jakson Group plans a Rs 6,863 crore plant in Kurnool to make solar ingots, wafers and cells, with about 2,000 jobs, reports from October 26, 2026 said.

JSW Energy's September-quarter profit rose 38% to Rs 1,141 crore, results on October 28, 2026, showed, as installed capacity crossed 15 GW and the board approved raising up to Rs 11,000 crore.

Vedanta reported Q2 FY27 net profit of Rs 6,202 crore on October 28, 2026, with a record Rs 9,938 crore EBITDA and net debt down to Rs 3,675 crore.
The most important, fact-checked stories from all seven publications, once a week.