Pallonji Mistry, Indian Billionaire Caught in Tata Feud, Dies at 93

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His SP Group’s businesses built hotels, palaces and factories.

August 15, 2022
Bhuma Shrivastava - Bloomberg

Pallonji Mistry, the Indian-born billionaire whose engineering empire built luxury hotels, stadiums, palaces and factories across Asia and whose family’s epic showdown with the Tata Group sparked India’s biggest corporate feud, has passed away in Mumbai. He was 93.

A company spokesperson confirmed the death of the Indian tycoon after social media posts on the news spread.

Mistry and his family control the Shapoorji Pallonji Group, which started more than 150 years ago and today employs more than 50,000 people in over 50 countries, according to its website. Its landmark projects include the Reserve Bank of India and the Oberoi Hotel in Mumbai and the blue-and-gold Al Alam palace for the Sultan of Oman.



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