The borrowing is against the group’s 9.2% stake in Tata Sons held via Sterling Investment, all shares in its real estate company, Shapoorji Pallonji Real Estate, and its oil and gas business, SP Energy.
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers’ norms.
Investors in SGB 2017-18 Series X earned a 225% return on premature redemption, receiving ₹9,630 per gram against the issue price of ₹2,961. The gain
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