Top headlines: TikTok to shut India biz, SP Group seeks debt recast

Sales of residential units reached pre-Covid levels, the Delhi Police has registered 22 FIRs so far in connection with the violence during tractor rally

SP group seeks 2-year debt moratorium

The Shapoorji Pallonji Group has sought a two-year debt repayment moratorium from its lenders as the real estate sector and its mainstay construction business is undergoing a slowdown due to the Corona pandemic. Read here

Tiktok to shut down India business

Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country. Tiktok's global interim head Vanessa Pappas and vice president for global business solutions Blake Chandlee in a joint email to