Shapoorji Pallonji asks RBI for three-year relief on Sterling Capital rules

May 19, 2025

Shapoorji Pallonji Group seeks a three-year extension from the RBI for its Sterling Investment Corp to meet stricter capital adequacy norms after being reclassified as a mid-layer NBFC. This request is linked to a recent ₹28,500 crore fundraising backed by Sterling’s Tata Sons stake.

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Mcap of nine of top-10 most valued firms surges by Rs 2.34 lakh crore; Reliance biggest gainer

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VRL Logistics board to meet on July 4 to consider bonus share issue

VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.

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