Tatas object to Shapoorji Pallonji Group plan to pledge stake

Pallonji Mistry and sons Shapoor Mistry and Cyrus Mistry, who together control the diversified SP Group, have tapped Canadian investor Brookfield for a mega $2-2.5 billion funding facility using part of its stake in Tata Sons as collateral.

from Markets-Economic Times https://ift.tt/2UQgCNc