Morning Digest | November 6, 2022

Morning Digest | November 6, 2022

Navy chiefs of Quad countries meet in Japan ahead of Malabar multilateral exercise The Navy chiefs of India, Australia, Japan, and the U.S., the four countries which comprise the Quadrilateral (Quad) grouping, met in Japan on November 5, 2022, and exchanged views on “further enhancing inter-operability” in future editions of the Malabar multilateral naval exercise. … Read more

Shapoorji Pallonji Group could pledge its entire Tata Sons stake to service debt

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The SP Group is parallely trying to monetise its assets such as Eureka Forbes, Sterling and Wilson Solar, and Afcons Infrastructure to prepay loans worth ₹9,348 crore. Synopsis Lenders to SP Group will have to offer the first right of refusal to Tata Sons under Article 75 of the holding company’s articles of association, if … Read more