
SP may surrender Tata Sons stake in exchange for a basket of Tata Group shares.
Tata Trusts board meeting on Friday could discuss the issue informally.
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Afcons Infrastructure has won a third big construction project order in less than a week in the Balkan country of…
KKR to invest $600 million in Manipal Group to support its expansion across healthcare, education, and insurance. Deal underscores KKR’s…
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The transaction offers investors a 19.75% yield, a low loan-to-value ratio, and a rare opportunity to deploy significant capital in…
Wistron partners with Shapoorji Pallonji to build a ₹1,500-crore laptop manufacturing plant in Bengaluru. The facility, set to create 3,000…
The failure of the SP-PFC refinancing talks complicated matters. SP was in talks with PFC for $2.4 billion refinancing but…
Tata Sons considers IPO amid SP Group pressure; explore potential share sales now.
Shapoor Mistry stands as a resilient leader in the face of significant challenges, guiding the Shapoorji Pallonji Group through a…
The group was expected to formally launch the fundraising initiative this month
Discussions are also on with global alternative investment firms Davidson Kempner Capital Management and Cerberus Capital Management, sources close to…
Mistry was frequently referred to as the Phantom of Bombay House, which served as the headquarters for the Tata Group.
The two families have been at odds ever since Cyrus Mistry, the elder son of Mistry, was fired from his…
Earlier, in April, SP Group had plans to raise about $1.7 billion to repay part of its debt and infuse cash in its operating companies, through various…
The developer has also raised issues of “multiple breaches of contract” and “overclaimed payments” on an incomplete social housing project.
Gopalpur Port on the east coast of India could be among assets that SP Group is looking to sell, one…