SP Group Default Puts Spotlight On Upcoming Debt Repayments
The Point Halswell lighthouse stands in Wellington, New Zealand. (Photographer: Birgit Krippner/Bloomberg)

SP Group Default Puts Spotlight On Upcoming Debt Repayments

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It came as a little surprise when on Sept. 25, Shapoorji Pallonji and Co. Pvt. Ltd. defaulted on Rs 200 crore worth commercial paper issued to Union Bank of India. The flagship company of the SP Gr...