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  • Shapoorji Pallonji Group's listed-arm Forbes & Co announces demerger of precision tools business Sep 26, 2022 03:28 PM IST

    Shapoorji Pallonji Group's listed-arm Forbes & Co announces demerger of precision tools business

    As per the scheme of arrangement approved by the company's board of directors, a new entity - Forbes Precision Tools and Machine Parts Limited (FPTL) - will be carved out from Forbes & Co.

  • Shapoorji Pallonji group suffers 2nd personal loss this year Sep 04, 2022 10:40 PM IST

    Shapoorji Pallonji group suffers 2nd personal loss this year

    The nearly USD 30-billion diversified group, which owns 18.6 per cent in the USD 130-billion Tata Group, was founded by the late senior Pallonji Mistry (great-grandfather of Cyrus) in 1865 as Littlewood Pallonji & Co.

  • Actis sets up new platform to invest in gas-based power units in SE Asia, buys stake in Shapoorji Pallonji group’s unit Jun 29, 2022 04:02 PM IST

    Actis sets up new platform to invest in gas-based power units in SE Asia, buys stake in Shapoorji Pallonji group’s unit

    Actis’ new platform, called Bridgin Power, aims to build a portfolio of 1.2 gigawatts by 2028.

  • In Pics | A look at some iconic buildings by Shapoorji Pallonji Group Jun 29, 2022 01:41 PM IST

    In Pics | A look at some iconic buildings by Shapoorji Pallonji Group

    Chairman of Shapoorji Pallonji Group, Pallonji Mistry, the man behind iconic buildings in Mumbai and around, passed away on June 28 at the age of 93.

  • In Pics | All you need to know about the late tycoon Pallonji Shapoorji Mistry Jun 28, 2022 02:41 PM IST

    In Pics | All you need to know about the late tycoon Pallonji Shapoorji Mistry

    Business tycoon Pallonji Shapoorji Mistry, chairman of Shapoorji Pallonji Group, passed away at 93 on June 28.

  • Billionaire chief of Shapoorji Pallonji Group, Pallonji Mistry passes away at 93 Jun 28, 2022 10:32 AM IST

    Billionaire chief of Shapoorji Pallonji Group, Pallonji Mistry passes away at 93

    A company spokesperson confirmed the death of the Indian tycoon after social media posts on the news spread.

  • Race for Eureka Forbes heats up: Electrolux, Advent International and Warburg Pincus in the fray Jun 28, 2021 03:28 PM IST

    Race for Eureka Forbes heats up: Electrolux, Advent International and Warburg Pincus in the fray

    Shapoorji Pallonji Group, the 150-year-old diversified conglomerate that owns Eureka Forbes, has interests in sectors ranging from construction and real estate to power and biotechnology. It is looking to ride the health, hygiene and home improvement wave on the back of Covid-19 .

  • Tata-Mistry case | Disappointed by the outcome of Supreme Court judgement: Cyrus Mistry Mar 30, 2021 04:01 PM IST

    Tata-Mistry case | Disappointed by the outcome of Supreme Court judgement: Cyrus Mistry

    The former chairman of the Tata Sons wrote this letter days after Supreme Court on March 26 ruled in favour of Tata Sons.

  • AGEL acquires Spinel Energy & Infrastructure Mar 27, 2021 10:13 PM IST

    AGEL acquires Spinel Energy & Infrastructure

    New Delhi, Mar 27 Adani Green Energy has acquired 100 per cent equity stake in Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peri..

  • Tata vs Mistry | I feel like in a T20 match, will try to bat like Hardik Pandya, Cyrus Mistry's counsel tells SC Dec 17, 2020 07:43 PM IST

    Tata vs Mistry | I feel like in a T20 match, will try to bat like Hardik Pandya, Cyrus Mistry's counsel tells SC

    On being allowed limited time to argue, lawyer Janak Dwarkadas told the bench headed by Chief Justice SA Bobde: 'I feel like I'm in a T20 match with 12 balls left and 40 runs to score. I will now try to bat like Hardik Pandya'.

  • Tata vs Mistry case | Supreme Court draws analogy between politics and corporate on issue of interference Dec 15, 2020 10:08 PM IST

    Tata vs Mistry case | Supreme Court draws analogy between politics and corporate on issue of interference

    The top court was hearing on the fifth day the cross appeals filed by Tata Sons and Cyrus Investments against appellate tribunal NCLAT's order which had restored Cyrus Mistry as the executive chairman of the over $100 billion salt-to-software Tata conglomerate.

  • Tata v/s Mistry: Tata Sons rejects SP Group’s offer of separation via pro rata in Supreme Court Dec 10, 2020 01:55 PM IST

    Tata v/s Mistry: Tata Sons rejects SP Group’s offer of separation via pro rata in Supreme Court

    Arguing for Tata Sons in the Supreme Court, Advocate Harish Salve said that the SP Group seeking restructuring is “akin to winding up of Tata Sons.”

  • Tata vs Mistry case | Steep rise in valuation of SP Group's stake shows company not 'mismanaged', Tatas tell SC Dec 09, 2020 06:18 PM IST

    Tata vs Mistry case | Steep rise in valuation of SP Group's stake shows company not 'mismanaged', Tatas tell SC

    The differences over the valuation could prove detrimental to the cash-strapped SP Group, that has been locked in a legal battle with the Tatas since Cyrus Mistry’s unceremonious removal as Tata Group chairman in 2016.

  • Shapoorji Pallonji Group launches Rs 700-crore residential project in Pune Dec 01, 2020 01:18 PM IST

    Shapoorji Pallonji Group launches Rs 700-crore residential project in Pune

    'Sensorium' will have more than 1,100 premium 2 BHK and 3 BHK apartments, with units priced at Rs 64.4 lakh onwards.

  • Shapoorji Pallonji group likely to file settlement terms for Tata Sons exit in SC on October 27: Report Oct 26, 2020 11:14 PM IST

    Shapoorji Pallonji group likely to file settlement terms for Tata Sons exit in SC on October 27: Report

    While the Mistry family, controlling owners of the SP group, maintains that the value of their stake is Rs 1.78 trillion, the Tata Group pegs the valuation far lower.

  • Sterling and Wilson Solar continues to take minority shareholders for a ride: InGovern Sep 23, 2020 07:26 PM IST

    Sterling and Wilson Solar continues to take minority shareholders for a ride: InGovern

    InGovern has said the non-fulfilment of obligations by the promoters has resulted in a loss of over 75 percent in investment value for IPO investors as stock price has fallen from the issue price of Rs 780.

  • Big Story | Tata-Mistry feud: Will the two Parsi families reach an agreement on valuation for the split? Sep 23, 2020 05:58 PM IST

    Big Story | Tata-Mistry feud: Will the two Parsi families reach an agreement on valuation for the split?

    While this may bring an end to the relationship between the two Parsi families that goes back to 1965, are we looking at a fresh battle over the valuation now? Let’s find out in this edition of Big Story

  • Tata vs Mistry:  Shapoorji Pallonji Group's comment on Tata's aviation business may have touched a nerve, but is it correct? Sep 23, 2020 03:08 PM IST

    Tata vs Mistry: Shapoorji Pallonji Group's comment on Tata's aviation business may have touched a nerve, but is it correct?

    Both Vistara and AirAsia India are yet to report profits. But is it fair to single them out?

  • Five things to know about the latest twist in the ongoing Tata vs Mistry feud Sep 22, 2020 09:55 PM IST

    Five things to know about the latest twist in the ongoing Tata vs Mistry feud

    Sources close to the Shapoorji Pallonji Group peg the valuation of their 18.37 per cent stake at Rs 1,78,459 crore, including the value of the brand as well as the listed and unlisted entities

  • Tata vs Mistry: Key reasons behind the widening rift between the two business groups Sep 22, 2020 09:35 PM IST

    Tata vs Mistry: Key reasons behind the widening rift between the two business groups

    The sore point in this feud between the two business conglomerates was the ouster of Cyrus Mistry from the post of Tata Sons' chairman in 2016, a move that hit the headlines and how.

  • Shapoorji Pallonji Group calls separation from Tatas ‘necessary’; Read the full text here Sep 22, 2020 08:41 PM IST

    Shapoorji Pallonji Group calls separation from Tatas ‘necessary’; Read the full text here

    In a statement, the Shapoorji Pallonji Group, which owns 18 percent stake in Tata Sons, said a separation from the Tata group is necessary due to the potential impact this continuing litigation could have on livelihoods and the economy

  • Shapoorji Pallonji Group fails to repay dues to Sterling and Wilson Solar Sep 16, 2020 03:46 PM IST

    Shapoorji Pallonji Group fails to repay dues to Sterling and Wilson Solar

    The board of SWPL on September 15 approved the promoters' request for a further extension of time up to September 30, 2021, to facilitate funding for the repayment of part of the June 2020 installment and September 2020 installment.

  • Tatas move Supreme Court over pledged shares by SP Group: Report Sep 12, 2020 10:07 AM IST

    Tatas move Supreme Court over pledged shares by SP Group: Report

    The Shapoorji Pallonji Group, in turn, has asked the court to dismiss Tata Sons’ application, saying the “mere creation of a pledge on shares” does not mean the transfer of share title.

  • Shapoorji Pallonji Group looking to pledge 18.4% stake in Tata Sons for $1 billion: Report Mar 31, 2020 08:54 AM IST

    Shapoorji Pallonji Group looking to pledge 18.4% stake in Tata Sons for $1 billion: Report

    Talks are in early stages, but the Tata Sons stake is their biggest asset and the Shapoorji Group needs to infuse significant capital into their businesses.

  • Coronavirus to affect business in near term: Sterling and Wilson Solar Feb 13, 2020 11:55 AM IST

    Coronavirus to affect business in near term: Sterling and Wilson Solar

    "We are constantly evaluating the current situation in China due to the outbreak of coronavirus which will impact our business in the near term," Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited said in a regulatory filing.

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