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The combined market capitalisation of the group soared nearly 9 per cent year-to-date to Rs 22.87 lakh crore on June 30
Broking firm Jefferies estimates that Go First’s loan from banks were around Rs 2000-2500 crore, based on previous filings. The Jefferies report pegs ICICI Bank’s exposure at Rs 350-400 crore and Central Bank of India’s exposure at Rs 700 crore
Indian Hotels and other Tata group companies owned 39.1 per cent stake in the hotel chain while the family members of late Chennai-based industrialist DS Reddy held 28.5 per cent stake in it as of September 30
The Indian markets continued on their rally on Tuesday as Samp;P BSE Sensex surged 374 points to 61,121.35 whereas Nifty50 rose 133 points to 18,145.40.
With a rally of 105.50 per cent, TRF is the top grosser among the Tata group stocks. Shares of the company jumped to Rs 289.75 on September 29, 2022 from Rs 141 on December 31, 2021.