SC asks both parties to take Article 75 or any other legally available route. It says valuation of shares of SP Group depends on value of stake of Tata Sons in listed equities, unlisted equities, immovable assets, etc

The move by SP & Company (SPCPL), which is the flagship company of SP Group, comes at a time when banks are considering its one-time restructuring (OTR) application

Why Shapoorji Pallonji Group, with exposure to worst-hit sectors such as construction, real estate and infrastructure, is exploring options to deleverage

Private banks with existing exposure are cautious because of the group's stretched financial situation. The holding company has already approached the banks for a one time restructuring under the COVID-19 relief package

The Group with exposure to real estate, construction and infrastructure sector, is in need of funds for repayment of debt, completion of projects and growth

Shapoorji Pallonji Group, who owes over Rs 1,000 crore to Sterling and Wilson Solar, has been given time upto September 30, 2021 to repay outstanding loans

The total income of the company fell to Rs 1,099.38 crore in the quarter under review, from Rs 1,309.34 crore a year ago

Shapoorji Pallonji Group's solar engineering, procurement and construction business, Sterling and Wilson Solar on Tuesday launched its three-day initial public offering (IPO) with the objective to raise Rs 3,125 crore from capital market.