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BILLIONAIRE PALLONJI MISTRY
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...- Power Finance Corporation turns down $2.4 bn debt to Shapoorji Pallonji GroupIndia's state-run Power Finance Corporation Ltd has decided not to provide a loan of around $2.4 billion to Shapoorji Pallonji Group. The d...
- 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 ...
- Tycoon Mistry’s SP Group weighs $2 billion asset salesSP Group is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure constructio...
- Shapoorji Pallonji group suffers 2nd personal loss this yearCyrus' father Pallonji Mistry, who died on June 28, 2022, at the age of 93, is dubbed as 'the Phantom of Bombay House'. According to the Bl...
- 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...
- 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.
- Pallonji Mistry passes away at 93; Here’s all you need to know about the Phantom of the Bombay HousePallonji Mistry, the Indian-born billionaire has passed away in Mumbai at the age of 93. Here's everything you need to know about the Phant...
- 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...
- Tata, Mistry spar over a $13 billion valuation differenceThe 18.4% stake owned by Mistry family in Tata Sons Pvt. is worth as much as 800 billion rupees ($10.9 billion), Tata’s lawyer Harish Salve...
- Shapoorji Pallonji Group agrees to exit Tata Group, says separation in best interest of all stakeholders“The SP-Tata relationship spanning over 70 years was forged on mutual trust, good faith, and friendship. Today, it is with a heavy heart th...
- Brookfield mulls investment in debt of Mistry’s groupNegotiations are at an early stage and may not lead to any deals.
- Mistry group looks to raise up to $1 billion by pledging Tata stakeShapoorji Pallonji Group is the biggest single shareholder in India’s largest conglomerate.
- 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...
- Billionaires are facing a corporate debt reckoning in IndiaThe weak performance of property businesses and an acute liquidity crunch were cited as key reasons for rating downgrades
- 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.
- Tycoon Pallonji Mistry battles to unlock $17 billion of his wealth in IndiaMistry is one of the largest shareholders in Tata Sons Ltd., which controls the $100 billion conglomerate.
- Top 5 richest Indians, led by Mukesh Ambani, have half of nation's billionaires' wealthAccording to the analysis, Mukesh Ambani remains the richest man in the country with an estimated net worth of $24.4 billion.
- Tata succession: What’s Cyrus Mistry like to work with?Mistry may put the Tata companies on turbo, but is mature enough not to do it without thinking things through.Mistry is a workaholic for wh...
- Forbes & Co pulled up for not meeting governance normsAngry shareholders of billionaire Pallonji Mistry-owned Forbes & Co on Wednesday rapped the co for not meeting the corporate governance req...
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