Articles about Pallonji Mistry

Pallonji Mistry, chairman of Shapoorji Pallonji Group, dies at 93

28 Jun 2022

Business
Pallonji Mistry, chairman of Shapoorji Pallonji Group, dies at 93

Business tycoon Pallonji Mistry, Chairman of Shapoorji Pallonji Group, passed away at his Mumbai residence on Monday night. He was 93.

India Rich List: Mukesh Ambani retains top-spot for 12th year

11 Oct 2019

Business
India Rich List: Mukesh Ambani retains top-spot for 12th year

Forbes India has released its list of richest Indians and for the twelfth year in a row Reliance Industries' Chairman Mukesh Ambani remains India's wealthiest.

World's richest lose $117bn in one day; Ambani $2.45bn poorer

07 Aug 2019

Business
World's richest lose $117bn in one day; Ambani $2.45bn poorer

The richest 500 people in the world lost $117 billion (Rs. 8,28,418 crore) in a single day market crash on Monday.

Forbes names Mukesh Ambani 'richest Indian' for 11th straight time

04 Oct 2018

Business
Forbes names Mukesh Ambani 'richest Indian' for 11th straight time

Mukesh Ambani, the Chairman of Reliance Industries, has once again emerged as the richest Indian - for the 11th consecutive year - with a net worth of $47.3 billion, according to Forbes magazine.

World's wealthiest-500 have lost $436 billion so far in 2018

24 Mar 2018

Business
World's wealthiest-500 have lost $436 billion so far in 2018

The first two months of 2018 have been rather expensive for the 500 wealthiest people on planet Earth.

India loses 11 billionaires to demonetization, Ambani still the richest

09 Mar 2017

Business
India loses 11 billionaires to demonetization, Ambani still the richest

According to the Hurun Global Rich List India, India's club of the richest has shrunk by 11 people since the demonetization was unleashed in November.

Mistry defends independent directors

14 Nov 2016

Business
Mistry defends independent directors

Cyrus Mistry lambasted Tata Sons for questioning the loyalty of the independent directors of Indian Hotels Limited and Tata Chemicals; Mistry contended that six out of the nine directors were appointed under Ratan Tata's leadership and two were trustees of the Ratan Tata Trust.

2 unions of Tata Motors support Ratan Tata

13 Nov 2016

Business
2 unions of Tata Motors support Ratan Tata

Two unions of Tata Motors, representing over 16,000 workers, came out in support of Ratan Tata ahead of a board meeting of the company.

Mistry still Tata Steel head; Board deeply divided on Mistry

12 Nov 2016

Business
Mistry still Tata Steel head; Board deeply divided on Mistry

At the Tata Steel board meeting, independent directors remained split on the question of supporting Chairman Cyrus Mistry.

Tata's attempt to remove Mistry from all group companies.

11 Nov 2016

Business
Tata's attempt to remove Mistry from all group companies.

After removing Cyrus Mistry from the board of Tata Consultancy Services, the Tata Sons group is making attempts to remove Mistry from the boards of all group companies.

TCS: Mistry to be replaced by Ishaat Hussain

10 Nov 2016

Business
TCS: Mistry to be replaced by Ishaat Hussain

Tata Sons has directed their group company Tata Consultancy Services to appoint Ishaat Hussain as their new interim chairman in place of Cyrus Mistry.

Govt to take stock of Tata-Mistry dispute

08 Nov 2016

Business
Govt to take stock of Tata-Mistry dispute

Finance Minister Arun Jaitley has summoned the independent directors of Tata Group Companies to take stock of the fall-out of the Tata-Mistry split.

Indian Hotels Company's 6 directors publicly repose faith in Mistry

05 Nov 2016

Business
Indian Hotels Company's 6 directors publicly repose faith in Mistry

6 independent directors of Indian Hotels Company (IHCL) publicly showed faith in Cyrus Mistry's management ahead of the scheduled board meeting.

Turbulent times continue at Tatas

04 Nov 2016

Business
Turbulent times continue at Tatas

Sources stated that the Mistry family does not wish to sell the 18.5% stake it has in Tata Sons.

Mistry remains chairman of 2 Tata group units

02 Nov 2016

Business
Mistry remains chairman of 2 Tata group units

The Tata empire seemed to be in jeopardy as Cyrus Mistry remained the chairman of 2 group units; Tata Sons doesn't hold a majority in Tata Power and Tata Motors.

Mistry may be covered by Tata Director's Insurance

31 Oct 2016

Business
Mistry may be covered by Tata Director's Insurance

Reports indicate that Cyrus Mistry may be covered by a Director's insurance policy purchased by Tata sons, to protect top level management from legal action initiated by shareholders, employees or authorities.

More resignations; Tata, Mistry meet PM

30 Oct 2016

Business
More resignations; Tata, Mistry meet PM

Tata Public Affairs Head Madhu Kannan and Group Strategy Executive Nirmalya Kumar resigned in solidarity with Cyrus Mistry.

Tata loses over Rs.44,000 crore market cap in 3 days

28 Oct 2016

Business
Tata loses over Rs.44,000 crore market cap in 3 days

Amid the ongoing controversy surrounding Cyrus Mistry's hurried exit from Tata, the company lost over Rs.44,000 crore worth of market capitalization in just 3 days.

Pushed into the position of 'lame duck' chairman: Cyrus Mistry

27 Oct 2016

Business
Pushed into the position of 'lame duck' chairman: Cyrus Mistry

Following his dismissal, Tata Sons Ex-Chairman Cyrus Mistry has leveled several allegations against Ratan Tata and Tata Sons.

TCS, JLR CEOs elevated, Mistry's decisions to be reviewed

26 Oct 2016

Business
TCS, JLR CEOs elevated, Mistry's decisions to be reviewed

N Chandrashekaran of TCS and Ralf Speth of Jaguar Land Rover have been elevated to board positions in Tata's holding company, signalling possible considerations for one of them replacing Cyrus Mistry.

Tata Sons Rejig: Cyrus Mistry removed, Ratan Tata replaced him

25 Oct 2016

Business
Tata Sons Rejig: Cyrus Mistry removed, Ratan Tata replaced him

In a surprising move, Tata Sons Chairman Cyrus Pallonji Mistry has been replaced by Ratan Tata as Interim Chairman.