Mistry group seeks to raise up to $1 billion pledging Tata Sons stake – Livemint

The Shapoorji Pallonji Group is in preliminary discussions to borrow as much as $1 billion to repay maturing debt using part of its stake in Tata Sons as collateral.Mistry is trying to use his 18% stake in Tata Sons, which is estimated to be worth as much as … Read More