Mumbai: Edgy over Shapoorji Pallonji (SP) Group’s plans to roll over pledged Tata Sons shares to refinance over $2 billion debt, Tata Trusts has, for the first time, officially said these are non-transferable. The Trusts, which holds a controlling 66% in group holding company Tata Sons, is worried about possible litigation with lenders over enforcing … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) on Wednesday allowed equity exchange traded funds to be used as collateral. “Based on the feedback received from market participants, recommendation of Secondary Market Advisory Committee (SMAC) of Sebi and taking into account the emergence of exchange traded funds (ETFs) as an investment product with various … Read more
Sept. 18, 2020 — Stella Acosta is one of those patients a dentist loves. Even with a busy schedule, she never missed her every-3-month dental cleaning, a schedule she and her dentist decided was best to prevent problems. But that was before the pandemic. “I was due to go in when COVID hit,” says … Read more