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PALLONJI FAMILY
SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
Reliance Industries-led consortium wins bid for 101-acre Mumbai slum redevelopment projectA Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 ...
Why Tata Sons is facing pressure to go public | An explainerTata Sons is under pressure to list on the stock market. This comes from its shareholders and potential Reserve Bank of India rules. A boar...
Noel Tata’s IPO pushback said to trigger internal differences at Tata GroupA rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of Ind...
Care Ratings downgrades Goswami Infratech to B+Care Ratings downgraded Goswami Infratech’s NCDs citing delayed fundraising, extended redemption timeline, weak cash flows and refinancing ...
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. ...
Cyrus Mistry's elder son Firoz joins Afcons boardFiroz Cyrus Mistry, 29, son of the late Tata Sons chairman Cyrus Mistry, has joined Afcons Infrastructure as a non-executive director, mark...
Battle of ethics: Why Ratan Tata led the ouster of his handpicked Tata Sons successor, Cyrus MistryRatan Tata's appointment as the successor to JRD Tata at Tata Sons in 1991 received strong backing from Pallonji Mistry. Their relationship...
Shapoorji Pallonji denies considering stake sale in Sterling and Wilson Renewable Energy to manage debtShapoorji Pallonji & Company (SPCPL) denied considering selling its stake in Sterling and Wilson Renewable Energy (SWRE) to meet financial ...
Vedanta Chairman calls Pallonji Mistry's demise a 'sad day' for business community; RPG Group boss recalls 'humble' leaderPM Modi and President Kovind also expressed grief at his demise.
Tata Sons shareholders approve Chandrasekaran's reappointment as chairman; Shapoorji Pallonji family abstains from voteAt the shareholders meeting held on Monday, the proposal for Chandrasekaran's reappointment for a second term needed more than 50 per cent ...
PE group Advent to buy Eureka Forbes from Shapoor Pallonji Group for Rs 4,400 croreThe loss-making business, a subsidiary of listed Forbes & Co, will be spun out through a National Company Law Tribunal approved demerger pr...
Advent closes in on Eureka Forbes buy for Rs 4,500-5,000 croreBefore a formal announcement is made in the coming weeks, both sides have agreed to “deal exclusivity” for bilateral conversations. Once co...
Shapoorji Pallonji's platform Joyville sells 800 housing units in Pune for around Rs 400 croreJoyville is a USD 200 million platform by Shapoorji Pallonji Group, ADB, IFC and Actis to develop aspirational housing projects in India.
Brookfield mulls investment in debt of Mistry’s groupNegotiations are at an early stage and may not lead to any deals.
Tycoon Mistry plans asset sales to cut $558 million debtThe 154-year-old group, controlled by the reclusive billionaire Pallonji Mistry and his family, expects the deals to be clinched by March n...
Next generation of Shapoorji Pallonji Mistry family steps into company's boardroomPallon and Tanya’s father Shapoor Mistry along with his brother Cyrus Mistry owns 18.6% stake in Tata group’s holding company Tata Sons.
Tycoon Mistry's asset sales in focus after rating downgradesThe family has already infused at least Rs 650 crore ($91.1 million) into the company.
Tata Sons: How Shapoorji Pallonji Mistry family checked into the groupJRD Tata’s youngest brother Dorab is said to have sold his shareholding in Tata Sons to the Mistrys in a fit of anger.
Cyrus Mistry's entrepreneurial legacyCyrus Mistry, the heir apparent of the Tata empire , has an entrepreneurial legacy going back to the turn of the last century. Very little ...