Deutsche Bank orchestrated a significant $3.35 billion private credit deal for the Shapoorji Pallonji Group, securing funds from global investors like BlackRock and Morgan Stanley. The three-year nonconvertible debentures, backed by a portion of SP Group’s Tata Sons stake, offer a 19.75% yield.
Market in consolidation mode; triggers needed, says Sunil Subramaniam
Indian pharma stocks are rebounding, driven by domestic investors after a period of Foreign Institutional Investor (FII) selling pressure. Uncertainty surrounding potential US tariffs, fueled