Tata Sons has initiated early talks with minority shareholder Shapoorji Pallonji (SP) Group to explore potential exit and monetisation options for SP’s 18.37% stake, currently pledged with lenders. This follows a resolution by Tata Trusts to retain Tata Sons’ private status and seek a settlement. Chairman N Chandrasekaran recently met Shapoor Mistry, marking their first formal engagement since 2016.
Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions
Oil prices rose as Houthi attacks in Saudi Arabia increased tensions and led to US diplomatic withdrawals. Brent crude futures gained $1.29, while US West