Shapoorji Pallonji last month launched a 21-acre housing project in East 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
SPCPL, being in the construction and real estate sector, has been severely affected due to Coviod-19
The partnership, which survived post-independence upheaval in the country and economic liberalisation in 1991, is set to end now
The Shapoorji Pallonji Group, controlled by tycoon Pallonji Mistry and his family, own about 18% of closely held Tata Sons
Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders
Sterling & Wilson default is a cause of concern for lenders
Shapoorji Pallonji, Daruvala express inability to pay instalments
Group may seek debt moratorium at real estate project level or even sell land parcels across India, say analysts
The SC will hear the petitions filed by both the Mistry family and Tata Group next month
Funds being raised via debt, sale of part stake in Sterling and Wilson Solar
Grievance is only about his removal as chairman: Tata
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.
EPC cost pegged at $1.8 billion; first phase to be launched in 2024
We hope to achieve 70% of sales capacity in 6 months, says Venkatesh Gopalakrishnan, chief executive at Shapoorji Pallonji Real Estate
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
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
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's new launches are coming up mostly in Mumbai, Pune, Kolkata, and Mohali. The launches are in premium, luxury, and mid-income projects
Ratings have been removed from watch with developing implications and 'Negative' outlook assigned