Corporate Grapevine     

Published: April 30, 2025
Updated: April 30, 2025

RBI makes SP say ‘TaTa.’ to loan plan

The Reserve Bank of India has put a spanner on the Shapurji Pallonji group’s plans to raise $ 3.3 bn by giving Tata Sons shares as collateral.

The beleagured group was planning to raise funds at a very high cost from foreign debt in vestors. The group was plan ning to use the funds to prepay loans taken earlier.

With the Tata group not planning to list Tata Sons, the SP group is unable to get an exit for its 18.4 per cent stake in the Tata group holding com pany.

May 31, 2025 - Second Issue

Industry Review

VOL XVI - 16
May 16-31, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

Want to Subscribe?


Lighter Vein

Popular Stories

E-Waste Dilemma Tackling E-Waste Via Reverse Logistics, By Vihaan Shah

A modern-day enigma and a ramification of humanity's never-ending advancements, e-waste refers to the scum con- cealed by the outward glow of ever-advancing technology.

Archives

About Us    Contact Us    Careers    Terms & Condition    Privacy Policy

Liability clause: The investment recommendations made here are based on the personal judgement of the authors concerned. We do not accept liability for any losses that might occur. All rights reserved. Reproduction in any manner, in whole or in part, in English or in any other language is prohibited.

Copyright © 1983-2025 Corporate India. All Rights Reserved.

www.corporateind.com | Cookie Policy | Disclaimer