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.
UBS sells shares worth Rs 480 crore in Concord Biotech, IIFL Securities, 2 more stocks via block deals
UBS sold holdings in Concord Biotech, Five Star Business Finance, IIFL Securities, and Marksans Pharma through block deals, totaling Rs 480 crore. The largest sale