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Page 3 - Shapoorji Pallonji

Shapoorji Pallonji's Joyville sells 800 housing units in Pune for Rs 400 cr

Shapoorji Pallonji last month launched a 21-acre housing project in East Pune

Shapoorji Pallonji's Joyville sells 800 housing units in Pune for Rs 400 cr
Updated On : 09 Nov 2020 | 3:08 PM IST

SP's platform Joyville to invest Rs 1,200 cr on new housing project in Pune

Business conglomerate Shapoorji Pallonji's mid-income housing platform Joyville will invest around Rs 1,200 crore to develop a new residential project in Pune, a top company official said

SP's platform Joyville to invest Rs 1,200 cr on new housing project in Pune
Updated On : 06 Oct 2020 | 12:15 AM IST

Shapoorji Pallinji defaults on Union Bank commercial paper worth Rs 200 cr

SPCPL, being in the construction and real estate sector, has been severely affected due to Coviod-19

Shapoorji Pallinji defaults on Union Bank commercial paper worth Rs 200 cr
Updated On : 30 Sep 2020 | 10:58 PM IST

Tata and Mistry to part ways: A 70-year old partnership set to end

The partnership, which survived post-independence upheaval in the country and economic liberalisation in 1991, is set to end now

Tata and Mistry to part ways: A 70-year old partnership set to end
Updated On : 23 Sep 2020 | 1:35 PM IST

Tata Group says it's open to buy Mistry group's shares to aid fundraising

The Shapoorji Pallonji Group, controlled by tycoon Pallonji Mistry and his family, own about 18% of closely held Tata Sons

Tata Group says it's open to buy Mistry group's shares to aid fundraising
Updated On : 22 Sep 2020 | 2:06 PM IST

SP slaps notice on Tata Sons board, seeks damages for blocking fund raise

Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders

SP slaps notice on Tata Sons board, seeks damages for blocking fund raise
Updated On : 18 Sep 2020 | 12:59 AM IST

Shapoorji Pallonji group faces biggest challenge as fund flow dries up

Sterling & Wilson default is a cause of concern for lenders

Shapoorji Pallonji group faces biggest challenge as fund flow dries up
Updated On : 18 Sep 2020 | 12:55 AM IST

Loan repayment: Sterling and Wilson gives promoters a year's relief

Shapoorji Pallonji, Daruvala express inability to pay instalments

Loan repayment: Sterling and Wilson gives promoters a year's relief
Updated On : 16 Sep 2020 | 11:43 PM IST

Shapoorji Pallonji group may sell S&W stake as Tatas nix Brookfield plan

Group may seek debt moratorium at real estate project level or even sell land parcels across India, say analysts

Shapoorji Pallonji group may sell S&W stake as Tatas nix Brookfield plan
Updated On : 14 Sep 2020 | 3:08 AM IST

Tata Sons withheld facts on turning private: Mistry firms tell SC

The SC will hear the petitions filed by both the Mistry family and Tata Group next month

Tata Sons withheld facts on turning private: Mistry firms tell SC
Updated On : 30 Jul 2020 | 7:38 AM IST

Mistry family in talks with investors to raise Rs 4K cr, aims to cut debt

Funds being raised via debt, sale of part stake in Sterling and Wilson Solar

Mistry family in talks with investors to raise Rs 4K cr, aims to cut debt
Updated On : 27 Jul 2020 | 6:02 AM IST

Commercial ambition sole motive of Mistry, Tata tells Supreme Court

Grievance is only about his removal as chairman: Tata

Commercial ambition sole motive of Mistry, Tata tells Supreme Court
Updated On : 11 Jul 2020 | 2:32 AM IST

Tata Sons a 2-group firm, quasi-partnership between 2 groups: Mistry family

In its petition to the Supreme Court, Tata Sons has claimed there is no formal or informal agreement like quasi-partnership exists between the two groups, and Tata Sons is not a two-group company.

Tata Sons a 2-group firm, quasi-partnership between 2 groups: Mistry family
Updated On : 11 Jul 2020 | 2:29 AM IST

Shapoorji Pallonji among 4 finalists for 535-acre theme park, UK's largest

EPC cost pegged at $1.8 billion; first phase to be launched in 2024

Shapoorji Pallonji among 4 finalists for 535-acre theme park, UK's largest
Updated On : 05 Jul 2020 | 10:22 PM IST

Shapoorji Pallonji Real Estate will ride out the crisis: CEO Gopalakrishnan

We hope to achieve 70% of sales capacity in 6 months, says Venkatesh Gopalakrishnan, chief executive at Shapoorji Pallonji Real Estate

Shapoorji Pallonji Real Estate will ride out the crisis: CEO Gopalakrishnan
Updated On : 24 May 2020 | 10:53 PM IST

Realtors may defer launches to next quarter to cash in on festive season

Given the uncertainty in pick up of demand and logistical challenges during lockdown, property developers are being cautious about the timing of launches in the near term, said Gopalkrishnan

Realtors may defer launches to next quarter to cash in on festive season
Updated On : 12 May 2020 | 10:31 PM IST

KKR to buy Shapoorji Pallonji Group's solar assets for Rs 1,554 crore

The deal is part of KKR's strategy to increase its presence in Asia's infrastructure sector and today's transaction is the firm's second investment in the country as part of its dedicated plan

KKR to buy Shapoorji Pallonji Group's solar assets for Rs 1,554 crore
Updated On : 27 Apr 2020 | 10:33 PM IST

Shapoorji Pallonji averts crisis, pays Rs 3,000 cr dues to lenders

The dues were paid without pledging the group's 18.5 per cent stake in Tata Sons, said a source close to the development.

Shapoorji Pallonji averts crisis, pays Rs 3,000 cr dues to lenders
Updated On : 02 Apr 2020 | 8:40 PM IST

SP Group banks on residential properties for growth, to launch new projects

Shapoorji's new launches are coming up mostly in Mumbai, Pune, Kolkata, and Mohali. The launches are in premium, luxury, and mid-income projects

SP Group banks on residential properties for growth, to launch new projects
Updated On : 09 Dec 2019 | 1:05 AM IST

ICRA downgrades Shapoorji Pallonji & Co's ratings from "AA-" to "A+"

Ratings have been removed from watch with developing implications and 'Negative' outlook assigned

ICRA downgrades Shapoorji Pallonji & Co's ratings from "AA-" to "A+"
Updated On : 28 Nov 2019 | 8:54 PM IST