The Shapoorji Pallonji Group, holding an 18.37% stake in Tata Sons, has suggested exploring an IPO to unlock value for stakeholders. At the Tata Sons AGM, the SP Group praised the performance under chairman N Chandrasekaran. This marks a potential thaw in relations following years of legal battles after Cyrus Mistry’s ousting.
HDFC Bank approves IPO of HDB Financial Services with fresh equity sale of Rs 2,500 crore
HDB Financial Services IPO: The IPO comprises a fresh equity sale of Rs 2,500 crore and an offer-for-sale component, allowing existing shareholders to divest their