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Shapoorji Pallonji Group Explores Options for ₹3,500 Crore Debt Repayment

Shapoorji Pallonji Group is exploring debt options for a ₹3,500 crore repayment. The central bank's Tata Sons listing mandate offers investors a clear repayment path. This directive will build investor confidence in monetizing Tata group stakes. It also assures future redemption commitments for…

India News

FCNR(B) Deposits Drive India's Forex Reserves to Record $729.33 Billion

Indicates greater ability of RBI to defend the rupeeTHE RBI’s concessional swap window for Foreign Currency Non-Resident (Bank) deposits has helped propel India’s foreign exchange reserves to a record high of $729.33 billion as on August 21. The FCNR (B) window has been operational since June…