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Shapoorji Pallonji may pledge Tata Sons shares to raise $1.6 billion – EQ Mag

Shapoorji Pallonji is in talks with Ontario Municipal Employees Retirement System, Varde Partners, Cerberus and Farallon Capital Management for the fund raising exercise Shapoorji Pallonji group plans to raise $1.6 billion through private credit facility, according to people familiar with the development. The engineering and infrastructure major may pledge some of its shares in Tata […]

NTPC Q1 Results: Net profit jumps 11% to Rs 4,511 crore, beats estimates – EQ