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Shapoorji Pallonji Sp Group
Business  /  Published 11.10.21

Ambani takes 40% in Sterling and Wilson

Mukesh Ambani is set to snap up a 40 per cent stake in Sterling and Wilson Solar Ltd (SWSL) for Rs 2,845 crore -- an acquisition that will enhance its presence in the renewable energy space. The tran...
By Our Special Correspondent in Mumbai

Business  /  Published 20.09.21

Advent to buy Eureka Forbes

Private equity firm Advent International is set to acquire a majority stake in Eureka Forbes Ltd (EFL), part of Shapoorji Pallonji Group (SP Group), for an enterprise value of Rs 4,400 crore. EFL, kn...
By Our Special Correspondent in Mumbai

India  /  Published 16.07.21

Republic Day parade to be held on refurbished Rajpath

The Republic Day parade next year will be held on the refurbished Rajpath as the redevelopment work of the Central Vista Avenue, stretching from Rashtrapati Bhavan to India Gate, is expected to be com...
By PTI, Our Bureau in New Delhi

Business  /  Published 28.04.21

Mistry camp slams Tata verdict

The Shapoorji Pallonji group has said that the Supreme Court verdict handed down on March 26, which snuffed out Cyrus Mistry’s challenge against what he termed as an unfair dismissal as Tata gro...
By Our Special Correspondent in Mumbai

Business  /  Published 31.03.21

Shapoorji lenders vet recast plan

Lenders to the Shapoorji Pallonji group led by the State Bank of India (SBI) have given their green signal to a Rs 10,900cr debt recast package plan for the group. The proposal is now before the K.V....
By Our Special Correspondent in Mumbai

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Business  /  Published 27.03.21

Tatas triumph in war with Mistry

The bench expressed surprise that the NCLAT chose to order the reinstatement of Cyrus Mistry even when no such prayer was made by SP Group and further the tribunal had ordered his continuation beyond ...
By Our Legal Correspondent in New Delhi

Business  /  Published 27.03.21

Tata: no certainty on action as per Article 75

The big question that hovers in the air is whether the Tatas will trigger Article 75 of its Articles of Association and force the Mistry camp to sell its minority stake in the holding company. Under t...
By Our Special Correspondent in Mumbai

Business  /  Published 11.03.21

Shapoorji to sell assets, trim debt

The Shapoorji Pallonji group is reportedly in the last stages of its debt recast under a one-time restructuring plan that was announced by the Reserve Bank of India (RBI) last year. Earlier, Shapoorj...
By Our Bureau in Mumbai

Business  /  Published 11.12.20

Tatas spurn Mistry truce offer

Tata Sons on Thursday told the Supreme Court that Cyrus Mistry’s Shapoorji Pallonji group wanted to acquire pro rata 18 per cent share in all the companies run by Tata Sons as a severance packag...
By Our Legal Correspondent in New Delhi

Business  /  Published 10.12.20

Tatas question Mystry status

Tata Sons told the Supreme Court on Wednesday that the National Company Law Tribunal order directing the reinstatement of Cyrus Mistry as chairman of the $ 113-billion group would effectively render t...
By Our Legal Correspondent in New Delhi


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