NCLT junks plea against Shapoorji PallonjiThe bankruptcy court in Mumbai has dismissed an insolvency plea by KBC Infrastructure against Shapoorji Pallonji & Co. The National Company...
24 Oct, 2024, 11.52 PM IST
Promoters sell stake in Sterling and WilsonMorgan Stanley Asia Singapore Pte, Citigroup Global Markets Mauritius and Societe Generale were among some of the buyers in the deal. Share...
28 Sep, 2024, 07.06 AM IST
Shapoorji Pallonji Group creates holding companies for infra and realty verticals to improve cash flowsThe move will help improve operating cash flows since investments in long-lead businesses like infrastructure and real estate create timing...
21 Mar, 2023, 06.13 AM IST
NCLAT upheld Adani Power bid for Korba West Power; asks Shapoorji Pallonji & Co to pursue arbitration for claimsThe appellate tribunal was deciding over a petition filed by Shapoorji Pallonji & Co, against an order passed by the Ahmedabad Bench of the...
27 Feb, 2023, 03.04 PM IST
Shapoorji Pallonji and Co exits from Eureka ForbesLunolux acquired 1.68 crore equity shares of Eureka Forbes constituting 8.7 per cent of the equity share capital of Eureka Forbes from Shap...
14 Jul, 2022, 05.39 PM IST
Mistrys plan to raise Rs 6,600 crore via debentures in fresh twist to the fight with Tata SonsThe company recently sold its majority stake in Eureka Forbes to private equity firm Advent International for Rs 4,400 crore. Group unit St...
06 Oct, 2021, 10.11 AM IST
Private equity firm Advent to buy Eureka ForbesUnder the transaction, Eureka Forbes will list on BSE as a standalone firm and Advent will then buy up to 72.56% of the company's outstandi...
20 Sep, 2021, 10.49 AM IST
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.
30 Mar, 2020, 06.10 PM IST
NCLAT to hear Shapoorji Pallonji's plea on Adani Power bid for Korba West Power on Oct 15Shapoorji Pallonji, which is an operational creditor of the company has approached the appellate tribunal after the resolution plan provide...
12 Sep, 2019, 10.34 PM IST
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...
23 Aug, 2019, 09.19 AM IST
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.
30 Jan, 2019, 07.56 AM IST
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.
22 Jan, 2019, 12.44 PM IST
R Venkatramanan of Tata Trusts summoned to court on December 18 in a criminal defamation case by SP groupCounsel Abad Ponda appearing for the SP Group had stated that Venkataramanan had made defamatory statements against the SP group after he w...
11 Oct, 2018, 08.24 PM IST
L&T, Pallonji, Tatas among 29 shortlisted for MTHL projectThe over three decades old project is yet to secure the financial closure though the Japan International Cooperation Agency (JICA) has been...
10 Jan, 2017, 10.24 PM IST
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.
20 Feb, 2014, 03.50 PM IST
- Shapoorji Pallonji plans deepwater port in Gujarat
Shapoorji Pallonji Co Ltd plans to set up an integrated deepwater port, LNG import terminal and a power plant at the coastal area of Gujara...
27 Oct, 2012, 01.33 PM IST
- Amazon set to launch services in India next year
World’s largest online retailer, Amazon-. com is set to enter India, riding on the second wave of ecommerce boom in India.
26 Jul, 2011, 09.26 AM IST