Connect with us

India News

Pallonji Mistry, A Low-Profile Millionaire Philanthropist Passes Away At 93

Published

on

Pallonji Mistry

Pallonji Mistry, a billionaire philanthropist, passed away this morning at his residence. He was 93. He died peacefully, leaving behind his wife Patsy, daughters Laila Rustom Jehangir and Aloo Noel Tata, sons Shapoor Mistry and Cyrus Mistry, and grandchildren.

Shapoor, Cyrus, & Aloo Mistry, whose clan has held a sizable contracting company for more than 150 years—the Shapoorji Pallonji Group—as well as an 18.4% share in Tata Sons, are Mistry’s heirs. According to group authorities, Mistry had been ill for a while.

As a result of his indirect impacts on Tata Group activities, Mistry always maintained a low profile and was frequently referred to as the “phantom of Bombay House.” The Tata group’s main office is located in Bombay House.

Advertisement

Pallonji Mistry: Other Designation

In the 1990s, Mistry served as chairman of ACC for a brief period before leaving the company shortly after that the Tata group left the industry. Till 2004, Mistry served as the director on the board of Tata Sons. Mistry, an Irish citizen, is described by group leaders as a straightforward individual who hated going to social gatherings.

Ratan Tata, the paterfamilias of the Tata organization, and Pallonji had a friendly relationship. Pallonji backed Ratan Tata in all of his choices, such as the acquisition of thousands of companies abroad and the sale of several businesses. A few decades previously, Mistry also evenly divided his sons’ stakes in his company and Tata Sons.

In 2012, Cyrus, his younger son, was appointed chairman of Tata Sons. After Cyrus and Ratan Tata had a falling out, the council later fired Cyrus from his position as chairman.

Advertisement

Pallonji Mistry: Family Ownership

The Mistry family‘s ownership of a significant portion of Tata Sons, the Tata group’s holdings limited, is a major contributor to their fortune. Mistry’s wealth has soared by several billion U.S. dollars over the previous 5 years as a result of the strong growth in Tata Group stock.

It’s significant to observe that Pallonji’s father created the largest Hindi film blockbuster of its era, Mughal-e-Azam (1960), which the family originally released after it was electronically colored in 2004. After that, the household stopped making investments in the film industry.

Advertisement

Subhashree Panda: A proficient content writer, editor, and researcher. With 4 years of experience and an MBA in finance, she crafts compelling narratives on global events. Her passion for diverse journalism genres resonates widely, fostering broad audience connections.

India News

Jaipur MP receives death threat via email

Published

on

By

Jaipur MP receives death threat on his email

Jaipur MP Ramcharan Bohra received a death threat on his official email, leading to his PA Arun Sharma filing a police complaint on Wednesday. The threatening email stated, “We will kill you. Delhi is still very far. Wherever we meet you on the way, we will kill you there.”

The FIR was registered at Jawahar Circle police station after Arun Sharma discovered the threatening email at 4.30 am while going through the MP’s emails. MP Bohra affirmed that the cyber cell and technical team of the police are currently investigating the matter.

Arun Sharma, the PA of Ramcharan Bohra, came across the alarming email and promptly notified the MP. Following Bohra’s instructions, Sharma took the necessary steps to report the threat to the authorities. The severity of the situation prompted the police to take immediate action in handling the case.

Continue Reading

India News

PM Modi hails First Ram Navami after Pran Pratishtha in Ayodhya as a generational milestone

Published

on

By

First Ram Navami after Pran Pratishtha in Ayodhya is generational milestone: PM Modi

New Delhi, April 17 (IANS) – Prime Minister Narendra Modi extended his greetings to the nation on the occasion of Ram Navami, celebrating the birth anniversary of Lord Ram after the Pran Pratishtha ceremony at Ram Temple in Ayodhya. Ayodhya is observing its first Ram Navami after the ceremony on January 22.

In a post on X, PM Modi highlighted the significance of this year’s celebration, stating, “The first Ram Navami after the Pran Pratishtha in Ayodhya is a generational milestone, weaving together centuries of devotion with a new era of hope and progress.”

He added, “May the blessings of Prabhu Shri Ram guide our paths towards righteousness and peace, illuminating our lives with wisdom and courage.” The PM expressed his belief in Lord Ram’s ideals becoming a basis for a developed India and energizing the resolve of Aatmanirbhar Bharat.

Union Home Minister Amit Shah also extended his wishes on the holy festival of Ram Navami, emphasizing Lord Ram’s life as a symbol of justice, social welfare, and self-respect. Amit Shah expressed pride in celebrating the Lord’s birth anniversary at his birthplace temple after 500 years.

“The Lord established the highest ideal of sacrifice for truth and religion through his life and guided the entire world for ages. I pray to God for everyone’s welfare,” Amit Shah stated on X. Ram devotees across the nation are enthusiastic about the celebrations marking this historical event at Ayodhya.

–IANS
dpb/

Continue Reading

India News

11 candidates from Jammu and Kashmir qualify for UPSC Civil Service Exam 2023

Published

on

By

11 from J&K qualify UPSC Civil Service Exam 2023

Eleven candidates from Jammu and Kashmir have qualified for the UPSC Civil Service exams this year. Aditya Srivastava from Uttar Pradesh topped the list with 1,016 candidates passing. Anmol Rathore, from Doda district, secured seventh All India Rank, also topping the JKCSE 2022. She is currently training in Jammu.

Anmol Rathore, a 24-year-old from Doda district, secured the seventh All India Rank in the UPSC exam. She had previously topped the Jammu and Kashmir Civil Service Examination in 2022 and is currently undergoing training at the Revenue Training Institute in Jammu. Rathore mentioned that she prepared for the exams on her own using online resources and believes that the youth in the region have immense potential if guided in the right direction.

Arjun Gupta from Kathua district achieved the 32nd rank in the selection list, while Manan Bhat from Srinagar district secured the 88th rank this year. Bhat had previously qualified for the civil services exam and is currently serving as an IPS officer in the Telangana cadre. Other candidates from Jammu and Kashmir who qualified include Harnit Singh Sudan, Mohammad Haris Mir, Mohammad Farhan Seh, Aparajita Aryan, Ghulam Maya Din, Suvan Sharma, Seerat Baji, and Dinesh Kumar.

According to the UPSC notification, a total of 1,016 candidates passed the Civil Service exam this year, with Aditya Srivastava from Uttar Pradesh emerging as the topper. Anmol Rathore, hailing from Doda district, made her mark by securing the seventh All India Rank and topping the Jammu and Kashmir Civil Service Examination in 2022. Anmol attributed her success to self-preparation and online resources.

Continue Reading

Trending