Debt burden pushes SP Group to refinance loan backed by Tata shares

The SP Group has had a rocky relationship with the Tatas, with the latter even moving the Supreme Court to prevent it from pledging shares of Tata Sons to raise funds.

11 March, 20241 min
0
Debt burden pushes SP Group to refinance loan backed by Tata shares

You may also like

Business
Story image

Jio Financial is learning from Bajaj Finserv and that should worry Aditya Birla Capital

Alongside a decent set of numbers, the Mukesh Ambani-helmed financial services co. has articulated a long-term playbook that could reshape the competitive landscape of financial services.

Business
Story image

Why Saudi Arabia is fully opening up its stock market now

After a weak 2025, the kingdom is betting on new liberalization efforts to attract foreign capital and revive its stock market.

Business
Story image

Bajaj Housing Finance could use a dose of risk

The NBFC’s stock has fizzled a fair bit since its dream debut despite doing all the right things. Competition, circumstances and conservatism are ailing it.