Mumbai, 28/5:Business tycoon Pallonji Mistry, the Chairman of the Shapoorji Pallonji Group, passed away at his home here late last night. He was 93.
Pallonji, who breathed his last at his Mumbai residence, was awarded the Padma Bhushan, the country’s third highest civilian award for his contribution as an industrialist in developing India, in 2016.
He is survived by his sons Shapoorji and Cyrus P Mistry — latter who was in the limelight for the huge corporate tussle with the Tata Group a few years ago, and two daughters, Laila and Aloo — the latter wedded to Noel Tata, half-brother of Ratan Tata.