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YOU WONT BELIEVE: Shapoorji pallonji group - What They Never Told You

What Shapoorji Pallonji said on Tata Sons' listing and why he wants it to be a ‘bridge’

Shapoorji Pallonji Group Chairman Shapoorji Pallonji Mistry has backed the public listing of Tata Sons, calling it a “social and moral imperative” that can strengthen transparency, accountability and philanthropy. His statement comes as Tata Trusts and chairman Noel Tata oppose the listing, with Mistry urging stakeholders to treat it as…

The Economic Times · Sep 18

Shapoorji Pallonji Group, Tata Sons' second-largest shareholder, backs IPO

Shapoorji Pallonji Group, which owns about 18.4% of Tata Sons, has backed a potential listing of the holding company after the RBI rejected Tata Sons’ request to surrender its Upper-Layer NBFC registration and directed it to comply with listing requirements.

The Economic Times · Sep 18

Construction giant Megha Engineering's PV Krishna Reddy taps $700 million private credit to buy out uncle's share

With lenders such as Davidson Kempner involved in structuring the deal, it marks a significant milestone in the expanding influence of private credit within Indian corporate transactions.

The Economic Times · Aug 31

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Noel Tata, Shapoorji discuss share swap for Tata Sons stake sale

The Tata Group is exploring options with the Shapoorji Pallonji Group to unlock liquidity from its 18.4% stake in privately held Tata Sons, according to people familiar with the matter. Proposals include a potential swap of shares in listed Tata companies such as Tata Power, a Tata Sons buyout financed…

The Economic Times · Aug 28

Why Tata Sons is facing pressure to list and what after Chandrasekaran resigns

Tata Sons Chairman N Chandrasekaran is preparing to step down after nearly a decade, putting succession, Tata Sons listing and the balance of power with Tata Trusts under scrutiny. The Tata Trusts hold 66% of Tata Sons, while Shapoorji Pallonji Group owns 18.4%. RBI rules could pressure Tata Sons to…

The Economic Times · Aug 13

Shapoorji secures commitments for Rs 21,350 cr from investors including Mercury Finance, Deutsche Bank

Shapoorji Pallonji Group has secured investor commitments for its Rs 21,350 crore refinancing package, backed by its Tata Sons stake. The private credit deal, involving rupee and dollar debt, attracted strong interest from global distressed investors and domestic financial institutions.

The Economic Times · Jul 20

Shapoorji Pallonji Group completes long-delayed debt fundraising, sources say

The Shapoorji Pallonji Group has successfully wrapped up its fundraising campaign, garnering bids amounting to a remarkable 215 billion rupees for a three-year bond. This initiative is primarily designed to refinance the conglomerate's existing debts while investors have been reassured about the monetization of its stake in Tata Sons. Notably,…

The Economic Times · Jul 17

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India's lending boom might no longer be largely bank-led

India's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans for expansion and acquisitions. Banks, wary of complex financing, are leaving a gap that private lenders are filling with flexible, albeit costlier, solutions. While growth is strong, regulators are…

The Economic Times · Jul 2

Slumdogs no more: Can tycoons take the Mumbai Model to other cities?

India's top business tycoons like Ambani and Adani are shifting focus from city outskirts to redeveloping Mumbai's older housing and slum areas. This strategic move, driven by scarce and expensive greenfield land, aims to transform decaying urban pockets. Major projects are underway, signaling a new era of large-scale urban regeneration…

The Economic Times · Jun 30

India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing drags

Shapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons stake faces pressure amid falling valuations. Ongoing lender negotiations and liquidity stress raise concerns over near-term repayments and the group’s broader funding strategy.

The Economic Times · Jun 24

10 richest families in Asia who turned simple businesses into billion-dollar companies

The wealthiest families in Asia keep on consolidating their power in 2026 by accumulating more money in the traditional fields and emerging technologies, such as artificial intelligence, semiconductors, and energy infrastructure. As per the latest ranking by Bloomberg, most of the family empires that have been around for some time…

The Times of India · Apr 16

Cyrus Mistry: Construction group scion to Tata chairman

He was handpicked by Ratan Tata to succeed him upon the latter’s retirement

The Hindu · Sep 4, 2022

Tata-Cyrus Mistry case: SC to hear review petition of Shapoorji Pallonji Group on March 9

NEW DELHI: The Supreme Court on Monday agreed to hear review petition by Shapoorji Pallonji Group in connection with Tata Group vs Cyrus Mistry case.

The Times of India · Feb 21, 2022

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