Monday, March 30, 2020

Shapoorji Pallonji Group looking to pledge 18.4% stake in Tata Sons for $1 billion: Report

Shapoorji Pallonji Group looking to pledge 18.4% stake in Tata Sons for $1 billion: Report Talks are in early stages, but the Tata Sons stake is their biggest asset and the Shapoorji Group needs to infuse significant capital into their businesses.

from Moneycontrol Business News https://ift.tt/2UvfiAk

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...