Page 3 - Shapoorji Pallonji Group

Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak

DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)

TMS Ep253: Reliance FMCG, IT industry, Shapoorji Pallonji, Nord Stream 1

Will Reliance's FMCG entry be another Nirma moment? Will margin pressures end IT's glory days? What next for Shapoorji Pallonji Group after Mistry's death? What's Nord Stream 1 pipeline? Answers here

What next for Shapoorji Pallonji Group investors after Mistry's death?

Cyrus Mistry's tragic demise has shocked the business world. It comes two months after his father Pallonji Mistry's demise. So, what next for the multi-billion dollar Shapoorji Pallonji Group?

Cyrus Mistry's funeral to be held on Tuesday morning in Mumbai

Mistry is survived by his wife Rohiqa, sons Firoz and Zahan, mother Patsy Mistry, sisters Laila Rustom Jehangir and Aloo Noel Tata, and brother Shapoor Mistry

Mistry's death sentimentally negative but stay put in SP Grp stks: Analysts

Cyrus Mistry, a high-profile Indian-born Irish businessman and the former chairman of the Tata group, passed away in a road accident on September 4, 2022

Cyrus Mistry's death brings attention back to the Shapoorji Pallonji Group

In 2012, Mistry was appointed as the chairman of the Tata Group. His brother, Shapoor Mistry, was entrusted with the responsibilities of the SP Group

Strategies for Shapoorji Pallonji Group stocks after Cyrus Mistry's death

Among individual listed stocks, Forbes & Company can rally up to 35 per cent; Eureka Forbes too looks good on charts.

Cyrus Mistry's death puts spotlight on SP Group's holding in Tata Sons

There were media reports in March this year that SP Group was taking a Rs 15,000 crore loan against its holding in Tata Sons

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