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May 16, 2023 · Shapoorji Pallonji Group is likely to raise $1. It is weighing asset sales including a controlling stake in its flagship engineering firm.
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  • It is weighing asset sales including a controlling stake in.
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    May 20, 2023 · The Shapoorji Pallonji Group led by Shapoor Mistry after the death of his younger brother Cyrus Mistry, started off in the 19th century by building pavements in Mumbai.

  • On June 28, 2022 it was reported that Pallonji Mistry had died in Mumbai at the age of 93.
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  • May 19, 2023 · Started by Nirmal Lifestyle in 2009, the project stalled, and was sold off to Ricardo Constructions of Shapoorji Pallnji in 2019.
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    The group has been seeking ways to free up cash as rising interest rates bite.

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    6 billion via a private credit facility, according to people familiar with the matter, as conglomerate controlled by billionaire Shapoor Mistry looks to raise cash.