Sebi’s letter to Pyramid Saimira has been proved to be forged. The episode raises questions about how the media has been manipulated. But who could have done this?
Tata Motors is seeking to make use of JLR’s rising cash flows by leveraging its balance sheet, and refinance existing debt and potentially lower interest costs too.
State Bank of India’s reaction to the credit policy was swift, in a move which will see short term deposit rates spike and all loans will become expensive.
