Page 6 - Shapoorji Pallonji Group

Shapoorji Pallonji's Joyville sells 800 housing units in Pune for Rs 400 cr

Shapoorji Pallonji last month launched a 21-acre housing project in East Pune

Tata vs Shapoorji Pallonji case adjourned; hearing expected after Diwali

Mistry has pegged the valuation of the firm's 18.4 per cent stake in Tata Sons at Rs 1.78 trillion.

Govt likely to get tax bonanza under Mistry exit plan, say experts

A legal source said the Mistrys would have to sell shares in listed Tata companies to pay the tax (if Tata Group agrees to the Mistry plan) and lower their stakes in them

Shapoorji Pallonji Group stakes claim in all Tata companies, seeks division

Mistry family's group claims a 13.22 per cent stake in Tata Consultancy Services and a pro-rata share of the Tata brand

Top headlines: Maruti Q2 profit up 2%, SP Group claims stake in Tata firms

India's front line health workers will be the first to be inoculated once an effective vaccine is available. More headlines in our evening roundup.

SP Group withdraws letters alleging irregularities in new Parl building bid

In a letter to the Central Public Works Department (CPWD), the SP Group said it will not pursue the matter any further

Shapoorji Pallonji Group yet to send formal request for separation: Tatas

Tata Sons reiterates that it will only respond in court; settlement remains deadlocked

Mistry opens new front against Tatas over Parliament redevelopment project

The Mistry family alleges misconduct in bidding process, wants Tatas disqualified

Cash strapped and under-capitalised, SP group faces biggest test ever

A shift from a low-risk project execution model to big bets on infrastructure and real estate projects has plunged the group into crisis

SP Group to recast Rs 10,900-cr debt under Covid-19 resolution framework

The Tatas moved court a day after the SP Group inked a fund raising deal with the Canadian fund Brookfield for Rs 3,750 crore.

Tata and Mistry to part ways: A 70-year old partnership set to end

The partnership, which survived post-independence upheaval in the country and economic liberalisation in 1991, is set to end now

Sterling and Wilson Solar surges 20% on heavy volumes

According to analysts the proceeds received by SP group after exiting Tata group could be used to repay debt the former owes to Sterling and Wilson Solar

Tata Group stks mixed after Shapoorji Pallonji Grp agrees to exit Tata Sons

In a late evening statement, the Mistry family said separation from the Tata group was necessary due to the potential impact the ongoing litigation could have on livelihoods and the economy.

SP Group, cash strapped and under-capitalised after betting on infra sector

SPCPL's consolidated revenue nearly doubled between FY16 and FY19 - the latest year for which its finances are available - growing at a compound annual growth rate of 24 per cent

Mistrys eye huge windfall, set Rs 1.8-trillion price tag for exit

SP group has also assigned a brand value of Rs 1.46 trillion to Tata Sons and wants a proportionate share of the same

Shapoorji Pallonji Group agrees to exit Tata Sons, calls for separation

The SP group is expecting a valuation of Rs 1.78 trillion for its stake, valuing the entire Tata Sons at Rs 9.7 trillion, or Rs 2.4 crore per share

Top headlines: Tata-Mistry shares' dispute, India trials for Russia vaccine

Business Standard brings you the top headlines of the day

Tata vs Mistry: Status quo on pledging, transferring of shares till Oct 28

A bench headed by Chief Justice S.A. Bobde said the group should not take any further action on the shares, they have already pledged for raising funds

SP slaps notice on Tata Sons board, seeks damages for blocking fund raise

Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders

Shapoorji Pallonji group may sell S&W stake as Tatas nix Brookfield plan

Group may seek debt moratorium at real estate project level or even sell land parcels across India, say analysts