Page 5 - Shapoorji Pallonji Group

Cyrus Mistry: A reclusive scion who fought for honour after being fired

Till his appointment as the chairman to lead Tata Sons, not many knew of Cyrus Mistry, who was then associated only with his family business. A south Mumbai low-profile boy, 44-year-old Mistry family scion was already heading companies in the Shapoorji Pallonji Group when he was appointed to succeed Ratan Tata as the head of the over USD 100 billion, salt-to-software Tata group. According to reports, he was reluctant to take up the job but some persuasion, including by Ratan Tata himself, led him to accept the offer. After four years at the helm, he was replaced in a boardroom coup in October 2016, which saw Ratan Tata coming back to helm the group before the reigns were passed on to N Chandrasekhar. The might of his father Pallonji Shapoorji Mistry who was called as the 'Phantom of Bombay House' for the influence he wielded at the Tata Group headquarters, did not come in handy to help Mistry, who had begun on a wide-ranging drive to improve governance practices at the group. It ..

Cyrus Mistry: SP Group to Tata Group, and beyond - A look at his journey

Known to like golf, the late business magnate Cyrus Mistry was considered a studious backroom executive with a sharp mind

Shapoorji Pallonji & Co to reduce debt by Rs 4,000 crore in FY23

Its consolidated external debt reduced by about Rs 13,500 crore during FY22 to Rs 23,475 crore as on March 31

Shapoorji Pallonji and Company divests 1.25% stake in energy firm

The 3.6-million share OFS garnered bids for 7.8 million shares from institutional investors on Friday

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

SP Group sells entire stake in Jammu highway project to NIIF for $290 mn

SP Jammu Udhampur is the developer for the Jammu-Udhampur highway project under a concession from the National Highways Authority of India on a build-operate-transfer (annuity) basis

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF

Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Shapoorji Pallonji and Co exits from Eureka Forbes after selling 8.7% stake

Construction major Shapoorji Pallonji and Company has exited from Eureka Forbes after selling its remaining 8.7 per cent stake to the new owner Lunolux, a firm backed by private equity

Actis launches power biz after buying 49% stake in Shapoorji Pallonji unit

Actis announced Bridgin Power following its acquisition of a 49 per cent stake in the Shapoorji Pallonji group's 220-MW combined cycle gas turbine power plant in Bhola region of Bangladesh

TMS Ep204: Tiruppur textile, Pallonji Mistry, liquor stocks, tokenisation

How can India create 75 more Tiruppurs? What legacy has Pallonji Mistry left behind? Will fizz return to liquor stocks? What is tokenisation? All answers here

What legacy Pallonji Mistry leaves behind?

Pallonji Mistry's quiet demise was in tune with his reclusive nature. He diversified the Shapoorji Pallonji Group and built some of the country's iconic buildings. Find out more about his legacy

SP group back in business as fortunes revive in post pandemic era

Company turned around in FY22 after the Covid pandemic hit its core real estate operations in FY21; experts say Pallonji Mistry's sons now lead the businesses

Towering legacy: Pallonji Mistry's business achievements span continents

The patriarch of the over 155-year-old construction empire held an 18.4 per cent stake in Tata Sons

Low-profile billionaire philanthropist Pallonji Mistry passes away at 93

Billionaire industrialist Pallonji Mistry died in Mumbai last night

Pallonji Mistry, Indian-Irish billionaire caught in Tata feud, dies at 93

Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries

Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T

Betters SP Group, L&T on quality and cost-based selection criteria

SC dismisses plea to review removal of Cyrus Mistry as Tata Sons head

The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016

Ratan Tata, Tata Sons welcome SC dismissal of review petition by SP Group

Ratan Tata and Tata Sons on welcomed Supreme Court's dismissal of a plea of the Shapoorj Pallonji group seeking a review of verdict that upheld group's removal of Cyrus Mistry as Chairman of Tata Sons

Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai

The company has launched Shapoorji Pallonji SKYRAA - a luxury residential project in Thane

Tata-Mistry case: Supreme Court to hear review plea in open court

The order to hear the review petition was passed by a three-judge Bench of Chief Justice of India NV Ramana, Justice AS Bopanna and Justice V Ramasubramanian