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SP GROUP DEBT REFINANCING
Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
Shapoorji Pallonji Group completes long-delayed debt fundraising, sources sayThe Shapoorji Pallonji Group has successfully wrapped up its fundraising campaign, garnering bids amounting to a remarkable 215 billion rup...
Tata, SP Group explore share swap to unlock Tata Sons stake amid valuation divideTata Sons and the Shapoorji Pallonji Group are currently negotiating the monetization of a stake but are at an impasse concerning the trans...
Sprng deal could deliver fresh spark to drive Grasim revenueGrasim Industries is strategically acquiring Sprng Energy to accelerate its renewable energy business growth. This acquisition is expected ...
Any support to Delimitation Bill to be conditional: NCP(SP) President Supriya SuleSupriya Sule stated the NCP(SP) will consider the delimitation bill. A uniform fifty percent seat increase across all states is required. T...
No backdoor talks with BJP; INDIA bloc to discuss delimitation after introduction of bill: Supriya SuleSupriya Sule dismissed speculation regarding meetings between NCP (SP) leaders and the Maharashtra Chief Minister. She clarified that Jayan...
Posters targeting Akhilesh, Mulayam trigger political row in UP; SP blames BJP, Rajbhar defends displayControversial posters targeting Samajwadi Party leaders appeared across Uttar Pradesh on Tuesday. These posters depicted Mulayam Singh Yada...
Shapoorji Pallonji prices Rs 21, 500 cr financing with Deutsche, BlackRock among investorsShapoorji Pallonji Group secured significant funding through debt issuance. This refinancing effort attracted both domestic and global inst...
NCP (SP) not involved in any merger talks with Congress: Lok Sabha MP Supriya SuleSupriya Sule has dismissed speculation regarding a merger between her party and the Congress. She asserted that no merger proposals have be...
Shriram Finance taps foreign banks for cheaper debtDBS Bank, HSBC, Standard Chartered and MUFG are among the banks which have lined up to provide this loan. ET could not ascertain the names ...
Devil is in the footnotes: RBI's Financial Stability Report is transparent, yet leaves some key questions unansweredThe RBI's latest financial stability report highlights a noteworthy level of transparency regarding significant economic metrics. There’s a...
Vatika Hotels refinance Rs 550 crore debt with KotakVatika Hotels has refinanced Rs 550 crore debt with Kotak Mahindra Bank. This move marks the exit of India Special Assets Fund III from the...
Corporate Paper issuances touch 5-yr high at Rs 2.53 lakh crore in JuneIndian companies significantly boosted their fundraising via commercial papers in June, reaching a near five-year high. This surge, driven ...
Telangana CM urges Union Ministers to appoint SBICAPS for valuation of Hyderabad Metro Phase 1 soonTelangana Chief Minister A Revanth Reddy has urged Union Ministers to expedite the appointment of SBICAPS as a consultant for the Hyderabad...
Moody’s report suggests India’s private credit market could double by FY30India's private credit market is set for robust expansion, projected to reach $50 billion by FY30. Driven by escalating corporate funding n...
SP Group to issue Rs 25,500 crore bonds against Tata Sons stakeShapoorji Pallonji Group is launching a ₹25,500-crore bond issue, leveraging its 18.37% stake in Tata Sons. The bond's repayment hinges on ...
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to defaultIndia Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to ...
Anchor investors clear path for SP Group's refinancingShapoorji Pallonji Group's anchor investors, including global funds, have agreed to extend relaxed loan-to-value ratios on pledged securiti...