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Page 2 - Shapoorji Pallonji

SP Group exits one-time resolution plan; repays Rs 12,450 cr to lenders

SPCPL's one-time resolution of debt was unanimously implemented on March 31, 2021 by all the lenders of SPCPL after construction activities came to a grinding halt due to Covid

SP Group exits one-time resolution plan; repays Rs 12,450 cr to lenders
Updated On : 01 Apr 2022 | 9:56 AM IST

SP Group to raise up to Rs 15,000 crore against Tata Sons shares

Ares SSG, Farallon offer loans at 24% per annum after long-drawn talks

SP Group to raise up to Rs 15,000 crore against Tata Sons shares
Updated On : 21 Mar 2022 | 6:04 AM IST

HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions

Loyalie had in January raised Rs 5 crore from investors, including Inflection Point Ventures, to expand and grow its business

HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions
Updated On : 17 Mar 2022 | 8:16 PM IST

Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai

The company has launched Shapoorji Pallonji SKYRAA - a luxury residential project in Thane

Shapoorji Pallonji eyes Rs 525 cr sales revenue from new project in Mumbai
Updated On : 28 Feb 2022 | 5:40 PM IST

Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments

On operational performance, Mahadevan said the company has clocked a nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year.

Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments
Updated On : 29 Nov 2021 | 11:47 PM IST

SP group to raise Rs 10,000 cr from asset sale, meet debt repayment target

Group puts textile land in Karnataka on sale; it had earlier sold its stake in Eureka Forbes and in renewable power firm Sterling and Wilson

SP group to raise Rs 10,000 cr from asset sale, meet debt repayment target
Updated On : 19 Oct 2021 | 11:13 PM IST

Tata-Mistry battle: Can debt-ridden SP Group monetise its crown jewel?

The 70-year ties between Tata Group and SP Group have gone from sweet to sour in last few years. Mistrys want to exit Tata Sons and liquidate their stake. Will they succeed? Watch this report

Tata-Mistry battle: Can debt-ridden SP Group monetise its crown jewel?
Updated On : 24 Sep 2021 | 11:17 AM IST

The Morning Show - Ep 6: SP Group crown jewel, Quad summit, and Evergrande

Will the Mistrys succeed in selling their crown jewel? How does Nilesh Shah see Evergrande crisis affecting India markets? What should PM Modi expect from Quad? Listen this podcast to get the answers

The Morning Show - Ep 6: SP Group crown jewel, Quad summit, and Evergrande
Updated On : 24 Sep 2021 | 10:43 AM IST

PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

PE major Advent International buys majority stake in Eureka Forbes
Updated On : 20 Sep 2021 | 1:40 AM IST

Shapoorji Mistry and Dadachanji-led Kaisha Group to enter pharma space

Plans to launch brands in antacids, analgesics, blood thinners, bump up hiring

Shapoorji Mistry and Dadachanji-led Kaisha Group to enter pharma space
Updated On : 20 Aug 2021 | 12:28 AM IST

Shapoorji Pallonji housing platform Joyville's property sales double

Joyville, which is a Rs 1,240 crore platform established by Shapoorji Pallonji, ADB, IFC and Actis, has so far launched six housing projects in four major cities.

Shapoorji Pallonji housing platform Joyville's property sales double
Updated On : 24 Jun 2021 | 4:18 PM IST

All at sea

ONGC needs to take a hard look at all safety protocols

All at sea
Updated On : 20 May 2021 | 10:38 PM IST

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

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

'Miscarriage of justice', claims SP group's Tata-Mistry case review plea
Updated On : 27 Apr 2021 | 11:03 PM IST

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.'

SC judgment upholds governance standards adopted by Tata Group: Tata Sons
Updated On : 26 Mar 2021 | 5:36 PM IST

Shapoorji Pallonji Real Estate to invest Rs 300 cr to build flats in B'luru

Shapoorji Pallonji Real Estate will invest Rs 300 crore to construct around 440 luxury apartments in Bengaluru

Shapoorji Pallonji Real Estate to invest Rs 300 cr to build flats in B'luru
Updated On : 18 Mar 2021 | 11:57 AM IST

Banks in talks with Shapoorji Pallonji Group to resolve RHFL impasse

An SP group source said the dues from Reliance Home Finance are to a joint venture company and not Shapoorji Pallonji alone

Banks in talks with Shapoorji Pallonji Group to resolve RHFL impasse
Updated On : 04 Mar 2021 | 1:26 AM IST

Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI

The NCLAT perhaps wanted Mistry to continue as chairman of Tata Sons, the CJI remarked

Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI
Updated On : 16 Dec 2020 | 12:56 AM IST

Shapoorji Pallonji's Joyville to invest Rs 700 cr on Pune housing project

This project will have over 1,100 premium flats starting at an all inclusive price of Rs 64.4 lakh.

Shapoorji Pallonji's Joyville to invest Rs 700 cr on Pune housing project
Updated On : 01 Dec 2020 | 4:26 PM IST

Shapoorji's $1.2 bn deal with ADIA on hold over debt issues, coronavirus

The group had planned to launch a $1.2-billion venture with ADIA, wherein the partners were to raise the money in two tranches of $600 million each

Shapoorji's $1.2 bn deal with ADIA on hold over debt issues, coronavirus
Updated On : 30 Nov 2020 | 6:05 AM IST

SP realty arm treading a cautious path, to scale down 3BHK flats in Mumbai

Six months ago, it was looking at increasing the number of three-bedroom apartments by 5 per cent

SP realty arm treading a cautious path, to scale down 3BHK flats in Mumbai
Updated On : 16 Nov 2020 | 1:13 AM IST