Shapoorji Pallonji: Shapoorji Pallonji firm faces bond yield spike on asset sale concerns
Mumbai: Goswami Infratech, a Shapoorji Pallonji group company, is facing a surge in bond yields by as much as 200 basis points to 19% due to concerns about a potential breach of a covenant on the sale of assets, three people aware of the development told ET. The company had initially raised ₹14,300 crore for … Read more
