The Shapoorji Pallonji Group (SP Group) has secured a $3.3 billion refinancing deal, backed by its stake in Tata Sons, real estate assets, and oil and gas cash flows. The transaction, structured as a zero-coupon non-convertible debenture (NCD), has attracted interest from top global credit investors.
Shapoorji Pallonji GroupRefinancingTata SonsReal EstateOil And GasReal EstateMay 17, 2025
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Kamala Mills owner and real estate developer Ramesh Gowani has been arrested by the Economic Offences Wing (EOW) of Mumbai Police in connection with a Rs 67.50 crore fraud case.
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