Shapoorji Pallonji group’s new offer unlikely to sway Tatas

The Shapoorji Pallonji (SP) group’s offer to swap its stake in Tata Sons Ltd for shares in publicly traded Tata group companies is unlikely to find support at Bombay House, the corporate headquarters of India’s largest conglomerate. The offer in its current form may not be attractive to the group, a person close to the… Continue reading Shapoorji Pallonji group’s new offer unlikely to sway Tatas

Shapoorji Pallonji Group submits plan to SC for separation from Tatas

The Shapoorji Pallonji Group on Thursday said it has submitted a plan to Supreme Court to end its seven decades-old association with the Tata Group. The Mistrys have valued their holding in the Tatas at Rs 1.75 lakh crore, it informed the apex court, which is hearing the long-drawn legal battle between the two groups… Continue reading Shapoorji Pallonji Group submits plan to SC for separation from Tatas