Towering legacy: Pallonji Mistry's business achievements span continents

An astute businessman, Mistry was quick to spot new opportunities that India's industrialisation and growing economy presented

They called him the “phantom of Bombay House” — his powerful presence felt rather than seen in the Tata Group headquarters. Pallonji Mistry, the man who was the biggest shareholder of Tata Sons outside of Tata Trusts and whose Mumbai-headquartered construction conglomerate, Shapoorji Pallonji (SP) Group, left its footprint across continents, died early Tuesday morning. He was 93.

The billionaire philanthropist had been ailing for a long time, SP Group officials said. Mistry, who passed away peacefully at his Mumbai residence, is survived by his wife Patsy, daughters Laila Rustom Jehangir and Aloo Noel Tata, and sons Shapoor Mistry and Cyrus