Tag Archives: Tata group

SP group cos arises after announcing separation from Tata Group

MUMBAI: Shapoorji Pallonji Group companies, Sterling & Wilson Solar Ltd and Forbes & Co Ltd surged on Wednesday after the group unexpectedly said it will end its seven-decade association with the Tata group. Sterling & Wilson Solar shares reached 20% of the upper circuit, its biggest single-day gains since August …

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Time to part: Mistry to Tata

The Shapoorji Pallonji (SP) group said unexpectedly that it will end its seven-decade association with the Tata group, hinting that it is willing to part with its 18.4% stake in Tata Sons Ltd after the largest conglomerate India offered to buy it back from its largest minority shareholder as part …

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Read the full statement from the Mistry family

The Mistry, the Tata Group’s largest minority shareholder, said it needs to separate its interests after the country’s largest conglomerate took steps to block the family’s attempt to borrow money against Tata’s stock. Tata Sons Pvt. On Tuesday informed the Supreme Court that it is open to buying the 18% …

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Mistry family say it’s time to part ways with Tata Group

The Mistry family did not specify what separation from the Tata group would entail. (PROCEEDINGS) The billionaire Mistry family, the largest minority shareholder in the Tata Group, said it needs to separate its interests after India’s largest conglomerate took steps to block the family’s attempt to borrow money against Tata’s …

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Tata Group Offers to Buy Mistry Family Stake in Shares Dispute

Tata Group, India’s largest conglomerate, said it is open to buying the stake of its largest minority shareholder, the billionaire Mistry family, as part of a proposal to help end a years-long legal dispute between the two parties. A lawyer representing Tata Sons Pvt. Informed the Supreme Court on Tuesday …

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Tata Group to Launch India’s First Low-Cost Covid-19 Test ‘Feluda’

India’s Comptroller General of Drugs (DCGI) approved on Saturday the commercial launch of India’s first Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) coronavirus test, ‘Feluda’, developed by Tata Group and CSIR-IGIB (Institute of Genomics and Integrative). Biology). “This test uses state-of-the-art CRISPR technology developed in the country for the detection …

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