Pallonji Mistry, the founder of the Shapoorji Pallonji Group, died at the age of 93

New Delhi: Pallonji Mistry, the Indian-born billionaire whose engineering empire built luxury hotels, stadiums, palaces, and factories throughout Asia and whose family’s epic battle with the Tata Group sparked India’s biggest corporate feud, died in Mumbai. He was 93. After social media posts about the Indian tycoon’s death spread, a company spokesperson confirmed his death. According to its official site, Mistry and his family own the Shapoorji Pallonji Group, which was founded more than 150 years ago and employs more than 50,000 people in over 50 countries. Its landmark projects include the Reserve Bank of India and the Oberoi Hotel in Mumbai, as well as the Sultan of Oman’s blue-and-gold Al Alam palace.