Disagreements have been brewing between Tata Trusts and SP Group in the last few months over the transferability of shares held by SP Group in Tata Sons
Adani Ports and Special Economic Zone, Indias biggest maritime company by market capitalization, is in advanced talks to acquire Shapoorji Pallonji Groups Gopalpur Ports in Odisha for up to ₹1,100-1,200 crore in equity value as part of a string-of-pearls strategy that involves owning considerable facilities along both eastern and western water margins.
Goswami Infratech plans to sell bonds Tuesday. The instrument has a tenor of less than three years, and is rated BBB minus by Care Ratings, sources said.
Following this latest transaction, the complete stake, which is presently valued at nearly 94,000 crore, will be pledged to lenders such as two foreign banks and several overseas hedge and credit funds, , Shapoorji Pallonji Group, tata
Flybe, a hard-pressed regional jet in the United Kingdom, declared bankruptcy again for second time in as many years on Saturday, placing employees in jeopardy as well as abandoning travelers deserted.