Shapoorji Pallonji Group

Armada 98/2 Pte was set up as a joint venture to provide offshore marine oil and gas services in response to ONGC's KG-DWN 98/2 tender

Business conglomerate Shapoorji Pallonji's housing platform Joyville will invest around Rs 750 crore to develop a new housing project in Pune. Joyville Shapoorji Housing is a USD 200 million platform set up by Shapoorji Pallonji, ADB, IFC and Actis to develop housing projects. The company will develop nearly 1,350 housing units, including duplexes and penthouses, in this new 9-acre project with an estimated sales revenue of over Rs 1,000 crore. "We have acquired about 9-acre land near Hadapsar in Pune to develop a new project," Joyville Shapoorji Housing Managing Director Sriram Mahadevan told PTI. He said the total development potential of this project is around 13 lakh square feet. "In the first phase, we are launching two towers comprising 168 duplexes and penthouses. We did a survey that suggested that there is a great demand for this type of product as people want to upgrade their lives," Mahadevan said. Asked about the project cost, he said the total development cost will b

Takes exposure to two projects--one commercial, the other a residential township

In AGM 2022, Ambani said that they would "accelerate" the company's commitment to investing Rs 75,000 crore towards establishing a New Energy manufacturing ecosystem in Jamnagar

To begin with, seat belts for rear passengers should be enforced at least on national highways when one is travelling at 70 kmph and above, say safety experts

Family friend and NCP leader Supriya Sule joins hundreds of SP group employees and others at the funeral Tuesday morning. Reliance Jio chief Akash Ambani among mourners

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)

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

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?

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

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

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

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

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

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 ..

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

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

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

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 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