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M PALLONJI GROUP
M Pallonji Group gets IRDAI’s R1 nod for general insurance ventureThe M Pallonji Group has received R1 approval from IRDAI for its general insurance venture, partnering with Divya Sehgal and Federal Bank. ...- Insurance regulator IRDAI forms committee to vet licence applicationsThe Insurance Regulatory and Development Authority of India has established a committee. This is to assess license applications from two ge...
- M Pallonji Group, True North's Sehgal seek IRDAI nod for general insurance ventureM Pallonji Group and Divya Sehgal of True North have sought regulatory consent to establish a general insurance venture. If sanctioned, M P...
- Motilal Oswal Alternates commits Rs 450 cr for Shapoorji Pallonji Real Estate’s two projectsShapoorji Pallonji Vanaha is a 5.2 million sq ft township project that was launched in 2021 and has witnessed a positive sales response. SP...
- IHCL AGM: N Chandrasekaran faces shareholder's ire over observing minute's silence for Pallonji MistryBillionaire Pallonji Mistry, chairman of diversified Shapoorji Pallonji (SP) Group, died in the wee hours of Tuesday. Mistry, whose SP Grou...
- Tata-Mistry case: CJI discloses his son appears for SP group firm, lawyers says no objectionThe top court is hearing cross-appeals filed by Tata Sons and Cyrus Investments against appellate tribunal NCLAT's order which had restored...
- Tata rejects Mistrys’ share-swap separation offer as ‘nonsense’“It’s nonsense. This kind of relief cannot be granted,” Tata’s lawyer Harish Salve said during a hearing before India’s Supreme Court on Th...
- KKR to buy five solar assets from SP Group for $200 millionKKR began to focus on Asia’s infrastructure sector with a series of hires beginning about a year ago, and launched its fundraising in 2019....
- M Pallonji buys Turner Morrison building in Kala Ghoda for Rs 150 croreThe area known for its Victorian Gothic structures hasn’t seen many such transactions.
- Actis in talks to buy solar assets of ShapoorjiThe transaction will be through its renewable energy platform, Spring Energy, where it has already invested close to $450 million. Actis is...
- Shapoorji Pallonji, Liberty House, M&M in race to buy ABG ShipyardAll three have separately bid for assets with offers between Rs 3,000cr - 3,500cr, under which lenders will have to take a haircut of aroun...
- Mistry vs Mistry: Mehli Mistry counters charges slapped on him by the ousted Tata Sons chairmanMehli Mistrty believes that had Cyrus’ father Pallonji Mistry been active, this point of no return at the Tata group would never have been ...
- Before Cyrus Mistry took charge, companies run by his cousin Mehli gained 300 times from Tata Group contractsAfter Cyrus assumed charge in 2012, a bidding process was adopted for contract renewals and his cousin's companies lost some of these contr...
- Tata-Mistry battle: Why Cyrus’s cousin Mehli evokes strong reactions from both sides"Mehli & Cyrus had grown up together. Their relationship was cordial till about a few years ago. Everything changed once Cyrus became Tata ...
- Shapoorji Pallonji to build a new facility in DubaiResidential developer Shapoorji Pallonji has been appointed the main contractor for a new medical centre based in Dubai Healthcare City.
- Chintalapati Holdings exit Metlife, others reduce stakeJammu & Kashmir Bank, IGE, M Pallonji Group and Chintalapati Holdings reduced their stake in Metlife India paving way for state-run Punjab ...
- Jammu & Kashmir Bank to earn Rs 400 crore from Metlife stake saleState-owned lender Jammu & Kashmir Bank may book a profit of Rs 400 crore by selling part of its stake in the insurance JV Metlife India.
- Irda stops IGE, J&K Bank from subscribing to MetLife issueMetLife is a joint venture between J&K Bank, the US-based MetLife International (26%) and pvt investors, including Elpro International (13%...
- Shapoor Mistry brings in talent, expands role of old handsShapoor Mistry is bringing in talent, expanding the role of the old guard and identifying new business ventures at the $2-billion group.
- Why Cyrus Mistry? How he swung the voteRatan Tata was impressed by Mistry’s understated intelligence as well as his track record in scaling up and diversifying Shapoorji Pallonji...
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