Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?
Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital Partners over a Russian coal project dispute.
Tata Power plans to appeal the ruling, with the company having 28 days to approach the Singapore Court of Appeal.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
