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.
Tejas Networks shares rose sharply on Friday after the company received a Rs 1,537-crore Letter of Intent from TCS to supply RAN equipment for BSNL’s
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase
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