Page 3 - Shapoorji Pallonji Group

'Miscarriage of justice', claims SP group's Tata-Mistry case review plea

Minority shareholders rights to get impacted, says review petition in SC

Tata vs Mistry: Shapoorji Pallonji Group files review petition in SC

In its March 26 judgement, Supreme Court had ruled in favour of the Tata Group

Tata vs Mistry: Shapoorji-Pallonji group files review petition in SC

In its March 26 verdict, the court had ruled in favour of the Tata group

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

A comprehensive win for the Tatas

They stand vindicated in the Mistry saga, but what is legally sound may not conform to the best standards of governance

Private equity firms value SP Group stake in Tata Sons at hefty discount

PE players willing to offer credit are asking for two things - a personal guarantee from the SP family, and a pledge of shares in its own group companies.

Tata-Mistry spat: What it means for minority and small shareholders

Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies

SP Group's debt recast gets KV Kamath Committee, lenders approval

As part of the OTR plan, the Shapoorji Pallonji group has agreed to sell key assets, including its stakes in Eureka Forbes, Sterling and Wilson and land parcels, to raise Rs 10k cr and repay its loans

SP Group exit likely to stretch Tata's finances for years to come

Tata Sons had liabilities of Rs 33,500 cr and debt-to-equity of 0.7x last year

A chartered accountant's math may hold key to Mistry's exit from Tata Sons

Tata Group may offer an exit to Mistry family from Tata Sons on the basis of valuation chartered accountant Y H Malegam put in 2016.

Tata empire in stronger position against Mistry after Supreme Court verdict

There's room in India for a Tata super-app to compete with Mukesh Ambani's Reliance Industries Ltd

Tata vs Mistry: Minority shareholders cannot claim board seat, says SC

The court has made it clear that Mistry Group is not a small shareholder and a board seat cannot be allotted to it contractually or by law

Vindication for Tatas

Another legal battle over stake valuation must be avoided

Tata vs Mistry: SC rules in favour of Tata Group, sets aside NCLAT order

The court said that it is up to Tata Sons, Mistry to take the legal route to resolve the issue of shares

SC judgment upholds governance standards adopted by Tata Group: Tata Sons

Reacting to the apex court ruling, Ratan Tata in a tweet said, 'It is not an issue of winning or losing.'

SP Group in talks to raise Rs 4,000 crore from SSG Capital, others

SP Group owns 18.5 per cent stake in Tata Sons, which is estimated by the group as being worth Rs 1.75 trillion

State Bank of India, Shapoorji Pallonji Real Estate sign MoU

State Bank of India and Shapoorji Pallonji Real Estate on Thursday signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The lender's head and chief general manager (Real Estate & Housing Business Unit) Shreekant said the collaboration will create win-win business opportunities for all stakeholders. "We sanction home loans in five days in all our approved projects, which is the key benefit for the customers apart from complete waiver of legal and valuation charges, he said in a release. Shapoorji Pallonji Real Estate CEO Venkatesh Gopalkrishnan said the tie-up will cover the new and existing housing projects across key markets. Earlier this month, SBI Chairman Dinesh Khara had said the bank is looking at more builder tie-ups so as to reduce the turnaround time for approving home loans to five days as against 12 days.

SBI, Shapoorji Pallonji sign MoU to offer faster home loan approvals

As part of the agreement, customers of SBI and Shapoorji Pallonji Real Estate will be able to avail the benefits of faster processing of home loans and approvals

SP group seeks 2-year debt moratorium, interest converted to loan

Total group borrowings amount to over Rs 25,000 cr, flagship alone has Rs 23,500 cr of debt

Top headlines: TikTok to shut India biz, SP Group seeks debt recast

Sales of residential units reached pre-Covid levels, the Delhi Police has registered 22 FIRs so far in connection with the violence during tractor rally