BENGALURU/MUMBAI: The friction continues between Shapoorji Pallonji Group, the largest public shareholder of Tata Sons, and the philanthropic entities that control the Tata empire. This, despite a change of guard at the Tata Trusts with Noel Tata taking over as chairman this October.
The chief executive of Tata Trusts told Mint in an email response to a questionnaire sent on Tuesday that Tata Sons' shares cannot be used as collateral for fresh loans by the SP Group.
According to an executive privy to the development, Shapoorji Pallonji Group plans to use the 18.4% shares it owns in Tata Sons, the holding company of the Tata Group, as collateral to replace its current loans totalling ₹22,000 crore ($2.6 billion) that are payable by March 2025.
この記事は Hindustan Times Bengaluru の December 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Hindustan Times Bengaluru の December 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
I Would Love to Visit India: BLACKPINK's Lisa
South Korean girl group BLACKPINK enjoys a massive fan following globally, including India.
60 Hours, 200 Jawans and a Complex Rescue Operation
It was around 8 am on Friday, barely two hours after an avalanche hit the Border Roads Organisation (BRO) campsite near Mana village in Uttarakhand's Chamoli district, when an entire company of the Indian Army's IBEX Brigade from the Mana post, nearly 1.5 km away, was dispatched to the disaster-hit site.
Tonight's About Elegance & Glam: HT India's Most Stylish Is Back!
If cinema is an emotion, fashion is its language. An inextricable part of our films, we have grown up imitating not just dialogues but also making film fashion trendy—whether through snazzy bell-bottoms, vibrant churidars or iconic sarees, each trend leaving an imprint on pop culture.
Nations Fail to Break Deadlock on Timing of UN Climate Report
Nations failed to break a deadlock over the timing of the UN's next blockbuster assessment of climate change science after a marathon meeting in China that US envoys skipped.
'Chainsaw' cuts to last years: Argentine Prez
Argentine President Javier Milei told lawmakers Saturday he planned to make more \"chainsaw\" cuts to public spending, adding that his government's austerity programme would \"last for years\".
75 and still rocking: Billy Joel falls on stage, gets back up!
Legendary musician Billy Joel had a brief but alarming moment during his concert at Mohegan Sun in Montville, Connecticut, USA recently.
'We need to nurture Indian languages'
Vice President Jagdeep Dhankhar on Sunday spoke against confrontational stance over language in the country and favoured nurturing every Indian language amid the ongoing language row.
No mum's guilt for Yami
NO CAMERAS, PLEASE!
Tharoor Backtracks Stance on Kerala's Industrial Growth
Congress MP Shashi Tharoor on Sunday backtracked on his stance regarding industrial growth in Kerala, stating that the state needs more MSME start-ups — not just on paper.
Truce standoff: Israel blocks aid into Gaza
Israel blocked the entry of aid trucks into Gaza on Sunday as a standoff over the truce that has halted fighting for the past six weeks escalated, with Hamas calling on Egyptian and Qatari mediators to intervene.
