India Digest: SP Group pledges Tata Sons shares; Indiabulls Housing exits 3 projects

India Digest: SP Group pledges Tata Sons shares; Indiabulls Housing exits 3 projects

Photo: Pradeep Gaur/Mint

The Shapoorji Pallonji (SP) Group has reportedly raised $200 million in bridge financing from Deutsche Bank against its shares in Tata Sons. In another development, Indiabulls Housing Finance has exited three realty projects of its investee companies across Mumbai, the National Capital Region (NCR) and Hyderabad.

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