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Afcons Infrastructure IPO: Offer subscribed to 0.28x on day 2. Should you invest?

Globally, Afcons has undertaken multiple "first of its kind" infrastructure projects, like building…

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Afcons Infra fixes IPO price at Rs 440-Rs 463 per share, issue to open on October 25

Afcons will reportedly use around Rs 80 crore from IPO proceeds to fund capital expenditure and pur…

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Shapoorji Pallonji’s Afcons Infra files DRHP for ₹7,000 crore IPO

Shapoorji Pallonji group’s construction company, Afcons Infrastructure, filed a DRHP with the marke…

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Pallonji Mistry, the elusive but powerful phantom of Bombay House

Abroad, the company built the places of Oman’s king and the President of Ghana. In fact, their a…

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Cyrus Mistry's father, Pallonji Mistry passes away at 93

He was 93 and is survived by his sons Shapoorji and Cyrus P. Mistry -- latter who was in the lim…

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Mistry's funeral on Tuesday, family's moving tribute omits Tata stint

"It is with utmost sadness that we announce the sudden and untimely demise of our beloved Cyrus …

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Cyrus Mistry's Sterling & Wilson was at the right place at the right time for Mukesh Ambani's green energy ambitions

Three months ago, Sterling & Wilson Solar was struggling to arrange working capital to run the …

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Sterling & Wilson shares fall 10% after Supreme Court's verdict against SP Group in the Cyrus Mistry vs Tata case

Shares of Sterling and Wilson Solar, a Shapoorji Pallonji Group (SP Group) company, plunged over 10…

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Shapoorji Pallonji Group proposes plan for separation from Tata Sons

The group has submitted a plan for separation from Tatas to the Supreme Court. In thei…

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Delhi High Court describes Central Vista project as 'vital and essential', allows construction work to continue

The plea for halting the work was moved by Anya Malhotra, a translator, and Sohail Hashmi,…

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Shapoorji Pallonji Group says it's time to part ways with the Tatas

The largest shareholder in the Tata Group, SP Group said before the Supreme Court on Tuesday that a…

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NCLAT order reinstating Mistry has factual errors, say sources

The NCLAT order had said "out of Rs 6,00,000 crores of total investment in the Company ('Tata S…

PTI   


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Shapoorji and Pallonji Group calls Mistry’s ouster “illegal”, to contest decision

Shapoorji and Pallonji Group calls Mistry’s ouster “illegal”, to contest decision

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Cyrus Mistry may drag Tata Trusts to court, challenge its power to influence business decisions

"A charitable trust is allowed to hold investments but cannot directly be involved in business plan…

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Tatas are surprised after Taj directors express full confidence in Cyrus Mistry, may look into authenticity

As per reports, Tatas are going to see whether these directors gave a free and fair view or not. Th…

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Here’s what happened inside the boardroom meeting that led to Cyrus Mistry’s removal as Tata Sons Chairman

When the board members met on Monday, the suggestion to remove Mistry from the top spot led to unpr…

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New age Indian entrepreneurs enter the super-rich list, Ola founders the youngest

Most of these technology and internet companies have raised significant amounts of private …

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3 mins read

Shapoorji Pallonji enters the affordable housing segment with a FDI deal worth Rs $200 mn in its kitty

The multi-lateral funding agencies will provide a $50 million (Rs 320 crore) buffer fund which can …

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4 mins read

Supreme Court restrains Shapoorji Group, Cyrus Mistry from raising capital on Tata Sons shares

The SP group, which owns 18.37 per cent in Tata Sons, had said TSPL moved the top court to bloc…

PTI