Tata Son News Today

Edgy over Shapoorji Pallonji (SP) Groups plans to roll over pledged Tata Sons shares to refinance over $2 billion debt, Tata Trusts has, for the first time, officially said these are non-transferable.

SP Group, promoted by the Mistry family, has pledged its entire 18.5% in Tata Sons held through two entities to secure monies from private credit funds such as Ares and Farallon. Additionally, it needs to raise funds for a separate repayment due in three months and refinance existing high-cost borrowings.

Morning Digest: Indian officials wait for pause in fighting to commence evacuation from Kharkiv; GST revenues up by 26% in February, and more : Rashtra News #Morning #Digest #Indian #officials #wait #pause #fighting #commence #evacuation #Kharkiv #GST #revenues #February Indian officials in Russian city waiting for pause in fighting for evacuation from KharkivIndia on Tuesday

In October 2023, the telecom company sought the competition watchdog’s approval for the transaction that also involved Lion Meadow Investment, an affiliate of Warburg Pincus, acquiring a stake in Bharti Airtel, one of the persons cited above said. The CCI approved the transaction recently, the person added.

In October 2023, the telecom company sought the competition watchdogs approval for the transaction that also involved Lion Meadow Investment, an affiliate of Warburg Pincus, acquiring a stake in Bharti Airtel, one of the persons cited above said. The CCI approved the transaction recently.

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Bhat and Speth, who joined the board in 2017 and 2016 respectively, hit Tata Sons mandatory retirement age of 70 over this year and next

If Tata Sons reorganises debt by repaying borrowing or transferring the holding in Tata Capital to another entity, it may get deregistered as a core investment company (CIC) and upper-layer NBFC.

The Delhi High Court has ordered the taking down of a “fraudulent website” impersonating Tata Sons Private Limited and luring customers to invest in their ponzi investment scheme.Justice Sanjeev...

The Delhi High Court recently mandated the shutdown of a website found to be impersonating Tata Sons Private Limited, using the site to promote a Ponzi scheme.The fraudulent website, operating under the domain "www.tatarestart.com," ...