Latest Updates Around The World
Shares of Tata Investment Corporation rose 6.43% to Rs 739.75 during Friday’s trading session, extending their rally to a fifth straight day. The stock has risen nearly 18% in the past five sessions, fueled by market speculation that N Chandrasekaran is likely to secure a third term as chairman of Tata Sons.The rally follows strong […]
Mumbai: Shapoorji Pallonji Group (SP Group) is in talks with investors to raise ₹25,000 crore through new two-year, unlisted and unrated non-convertible bonds, with pricing discussions now focusing on an internal rate of return (IRR) of 14-15%. The discussions come at a time when the group is considering a number of options to monetize its […]
Tata Sons chairman N Chandrasekaran Tata Sons may consider injecting more money into airline Air India if there is a need, said N Chandrasekaran, chairman of Tata Sons. “If there is a requirement for it, we can look at it,” he said business line on the sidelines of a JRD Tata Memorial Trust event to […]
India’s Goswami Infratech, part of the Shapoorji Pallonji Group (SP Group), will complete a bond issue before the end of January to refinance existing loans, three bankers aware of the matter said on Thursday. The real estate and civil engineering company is preparing to raise about 250 billion rupees ($2.84 billion) through a two-year zero-coupon […]
