SHAPOORJI PALLONJI GROUP

Only a dozen large companies apply for Reserve Bank of India's coronavirus loan recast

The Future Group, Shapoorji Pallonji Group and SpiceJet are among those who will apply for loan restructuring. Besides these, there are a c...

Tata Sons not a family-run venture to be led only by a Tata: SP Group

Shapoorji Pallonji Group told the Supreme Court on Tuesday that Tata Sons was not a family-run enterprise to be headed only by a Tata and e...

Tata Sons rejects Mistrys’ settlement proposal as ‘Nonsense’

The bench was hearing appeals and cross-appeals by the Tatas and the Mistry family of the SP Group against the National Company Law Appella...

Failure of some projects is not oppression of minority shareholder, Tata Sons tells SC

Arguing against the National Company Law Appellate Tribunal's decision to reinstate ousted executive chairman Cyrus Mistry, Tata Sons lawye...

Tata group values SP Group's 18% stake at Rs 80K cr, refutes Mistry's claims of 1.75 lakh cr

A $13 billion valuation mismatch is setting the stage for the next round of clash between the Tata Group and billionaire Pallonji Mistry’s ...

Shapoorji Pallonji Group urges Supreme Court to separate its interests from Tata Group

After partnering with the Tata Group for the last 55 years, the Shapoorji Pallonji (SP) Group on Wednesday requested the Supreme Court to s...

Tata Sons in no mood to offer any concessions to Shapoorji Pallonji Group

Sources familiar with the matter said that the Tatas are likely to argue that the case before the apex court arose as they are appealing a ...

Shapoorji Pallonji Group submits plan to Supreme Court for separation from Tata Group

In their scheme of separation, the SP Group said disputes over valuation can be eliminated by doing a pro-rata split of listed assets (shar...

Tata-Mistry dispute: Shapoorji Pallonji Group formally seeks separation from Tatas in Supreme Court

The Shapoorji Pallonji Group on Thursday said it has submitted a plan to Supreme Court to end its seven decades-old association with the Ta...

Tata Sons can look at non-cash pact with Shapoorji Pallonji Group: Experts

As Tata Sons owns 72% in TCS, SP’s proportionate holding in the software behemoth is 13.2%. Likewise, Tata Sons holds 29% in Tata Consumer ...

Shapoorji Pallonji Group lenders seek clarity over pledged Tata Sons shares

Bankers are assessing the cash flows of SP Group in case the Supreme Court refuses to vacate the stay on the pledging of shares. The differ...

Tatas set up team for contingency funding plan to buy Shapoorji Pallonji Group’s stake

The SP Group, which values its 18.4% stake at Rs 1.78 lakh crore, said last week it wants to separate from Tata Sons after the top court ba...

Tata Sons-Shapoorji Pallonji Group separation not likely to be amicable

Tata Sons is understood to be awaiting the Supreme Court view on Article 75 of the firm’s Articles of Association (AoA) which cannot be inv...

What the exit of Shapoorji Pallonji Group will mean for the Tatas

The Shapoorji Pallonji Group’s (SP Group) decision yesterday to sever its relationship with the Tata Group will likely bring an end to the ...

Tata Sons offers to buy out Shapoorji Pallonji Group's stake in shares dispute

A lawyer representing Tata Sons Pvt. informed the Supreme Court Tuesday of the offer to purchase the 18% stake owned by the cash-strapped S...

Denied relief by Supreme Court, Shapoorji Pallonji Group offers to sell Tata Sons stake

The Mistry family-owned group's decision - after it failed to get a favourable order in the Supreme Court on Tuesday - could bring to an en...

Tata Sons urges Supreme Court to void pledges by Shapoorji Pallonji Group

On September 5, Tata Sons moved the Supreme Court challenging these pledges — that were created in December 2019 and April this year — as w...