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Pallonji Mistry Death News LIVE: Pallonji Mistry, head of the Shapoorji Pallonji group, dies at 93


Pallonji Mistry Death LIVE Updates: Shapoorji Pallonji Group’s head Pallonji Mistry died at his residence here, company officials said on Tuesday. Mistry, the largest individual shareholder in the Tata Group with a 18.4 per cent holding in the conglomerate, was 93. He died mid-sleep at his south Mumbai residence on the intervening night of Monday and Tuesday, the officials said.
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.
Mistry accumulated a net worth of almost $29 billion, according to the Bloomberg Billionaires Index, making him one of the richest men in India and in Europe. He surrendered his Indian nationality and became an Irish citizen in 2003 through his long marriage to Dublin-born Patsy Perin Dubash. Most of the family wealth, however, derived from being the largest minority shareholder — 18.5% as of early 2022 — in Mumbai-based Tata Sons Pvt., the main investment holding company for India’s largest conglomerate.

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India signs 100 million Euro, rice procurement deal with Cuba

  • The 2nd round of Foreign Office Consultation between India and Cuba was held in Havana on 27th June. The Indian side was led by Saurabh Kumar, Secretary, and the Cuban side was led by Anayansi Rodriguez Camejo, Vice Minister of Foreign Affairs.
  • “Secretary East called on Deputy PM Cabrisas and held a courtesy meeting with the acting Minister of Foreign Affairs Gerardo Peñalver Porta”, tweets MEA spokesperson Arindam Bagchi
  • In another tweet MEA spokesperson Arindam Bagchi informed that the short-term credit agreement of Euro 100 million for procurement of rice from India to Cuba was signed & a postal stamp released by the Government of Cuba to commemorate the 75th anniversary of India’s independence.

Sensex slips 363.96 points, currently at 52,797.32. Nifty declines 116.55 points, currently at 15,715.50

Visuals | Security outside an Amritsar court where Gangster Lawrence Bishnoi will be produced today

Update: Building collapse in Kurla, Mumbai

One person died in the four-storey building collapse in Kurla, Mumbai. A total of 8 people have been rescued so far: NDRF officials

Mining lease case

Jharkhand CM Hemant Soren to appear before ECI today (in person or through counsel) in connection with the mining lease case.

At least 20 found dead in tractor-trailer in Texas, reports AFP

At least 20 people were found dead in a tractor-trailer Monday in Texas, local media reported, a common means of transportation for undocumented migrants entering the United States. Two local television stations reported the grim discovery, citing police sources as stating the number of dead was as high as 42, although a more conservative report by station NEWS4SA placed the figure at “at least 20.”

Cylinder blast leaves 1 dead, 7 injured in UP’s Meerut

A woman died while seven others received serious injuries after a late-night cooking cylinder blast reduced two partially constructed houses to rubble at Lisari Gate in Uttar Pradesh’s Meerut. Though there was no official confirmation about the number of people trapped under the debris, locals claimed at least 10 were still inside. According to official sources, earth-moving machines were pressed into service.

Assam govt continues to provide relief material to flood-affected areas

As the flood situation continues to stay grim in Assam’s Nagaon district, Nagaon Deputy Commissioner Nisarg Hivare on Monday informed that the state government has been providing relief materials to the affected areas, hence, no one has to pay anything.

Update: Four-storey building collapse in Kurla, Mumbai

1 more rescued alive. Rescue operation on. No confirmation on how many people still trapped, says Ashish Kumar, NDRF Dy Commandant. As per BMC’s last night data, 7 people were rescued with 20-25 likely to be trapped under debris.

North Korean leader convenes latest party meeting amid pandemic, heavy rains

North Korean leader Kim Jong Un presided over another meeting of the ruling party to tighten discipline, state media said on Tuesday, as Pyongyang continues to fight the COVID-19 pandemic and gears up for potential flood damage from heavy rains.

3 killed, dozens injured in truck-train crash in Missouri

An Amtrak passenger train traveling from Los Angeles to Chicago struck a dump truck Monday in a remote area of Missouri, killing three people and injuring dozens more as seven rail cars tumbled off the tracks and landed on their sides, officials said.

Biden suspends rules limiting immigrant arrest, deportation

The Biden administration, reacting to a federal court ruling in Texas, has suspended an order that had focused resources for the arrest and deportation of immigrants on those who are considered a threat to public safety and national security.

Sudan to file complaint to UN against Ethiopia

Sudan on Monday decided to file a formal complaint to the United Nations Security Council (UNSC) against Ethiopia over “the killing of seven Sudanese soldiers and a citizen held as captives.” Sudanese Foreign Ministry also decided to immediately recall its ambassador to Ethiopia for consultations and to summon the Ethiopian ambassador in Khartoum to inform him of Sudan’s condemnation.

US officials return to Venezuela amid gas price hike

Senior Biden administration officials have quietly traveled to Caracas in the latest bid to bring home detained Americans and rebuild relations with the South American oil giant as as the war in Ukraine drags on, driving higher gas prices and forcing the U.S. to recalibrate other foreign policy objectives. A State Department spokesperson described the trip as a welfare visit focused on the safety of several U.S. citizens detained in Caracas, including a group of oil executives from Houston-based Citgo jailed more than four years ago.

French President Emmanuel Macron on Monday denounced Russia’s deadly strike on a shopping centre in Kremenchuk, Ukraine, as an “abomination”, amid growing international outrage at the attack.

PM Modi makes India’s position clear on Ukraine, calls for immediate cessation of hostilities

Prime Minister Narendra Modi has made India’s position clear on the Ukraine conflict at the G7 summit where he reiterated that there must be an immediate end to the hostilities and a resolution should be reached by choosing the path of dialogue and diplomacy, said Foreign Secretary Vinay Kwatra.

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