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Italian truckmaker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the ...
Tata Motors is also well funded to withstand a competitive market, Balaji said. It has received $1 billion in funding from U.S. private equity firm TPG and is a beneficiary of India's incentive ...
Tata Motors slid 5%, while Tesla's biggest Indian supplier, Sona Comstar, dropped over 4%, leading to a 1.2% drop in the auto sector in the world's third-largest auto market.