Economic Times
Cerberus Capital, with a $1-billion-plus India loan book, is amongst the largest financiers of bonds issued by Shapoorji Pallonji group companies that are backed by Tata Sons shares, with an exposure of about $700-800 million. It has also recently financed HNG's takeover by Independent Sugar Corporation. Cerberus Capital's India team, led by managing director Vikas Upadhyaya, has not witnessed any people movements.
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