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1 min read
Avantha Group promoter denied interim bail on his arrest for alleged misuse of ₹515 crore loan
The Special Judge, Rouse Avenue Court Complex has dismissed the interim bail application of Thapar,…
2 mins read
Yes Bank puts up for sale properties of Avantha Group, RHC Holdings for recovery of over Rs 1,000 cr
"All that office premises bearing Municipal No. B-14 to B-19 on the third (3rd) floor of B-wing of…
PTI
2 mins read
Yes Bank invokes pledged shares in Jhabua Power, Avantha Realty
"Shares have been acquired pursuant to invocation of pledge of the shares subsequent to default/bre…
PTI
1 min read
Adani Group to acquire Avantha’s 1,260 MW plant
"Avantha is keen to close the deal soon and given their relation with the Adanis after the sale of …
1 min read
Adani Power To Buy Avantha Group’s Korba West Power For Rs 4,200 Crore
Adani Power said that its power-generating capacity will now increase to 11,040 MW. It had earlier …
4 mins read
CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegations
Mumbai, Dec 15 () Citing regular board approvals for various inter-corporate loans, former CG Power…
PTI
3 mins read
After sacking Gautam Thapar as chairman, CG Power seeks to remove him as promoter
New Delhi, Nov 24 () After sacking founder Gautam Thapar as the chairman of the company, fraud-hit …
PTI
2 mins read
Boardroom battle to control CG Power has led to value destruction for shareholders: InGovern
"Would the banks have curtailed the bank limits of CG Power as other group companies were in stres…
PTI
2 mins read
MCA wants accounts of fraud-hit CG Power to be restated
New Delhi, Nov 23 () The Ministry of Corporate Affairs (MCA) wants fraud-hit CG Power and Industria…
PTI
1 min read
Advent International, Temasek Holdings sell Crompton Greaves shares worth Rs 1,275 cr
New Delhi, Dec 3 () Private equity firms Advent International Corp and Temasek Holdings on Tuesday …
PTI
2 mins read
Sebi refuses to lift market ban on Gautam Thapar, others; gives certain relaxations
Sebi prima facie noted that the chairman along with certain directors, employees of CG Power and r…
PTI
1 min read
Crompton Greaves likely to sell-off overseas power business to First Reserve
After selling the consumer products, Thapar is close to finalise yet another deal to reduce group d…
1 min read
Private Equity firms have invested a whopping $4 billion in Apr-Jun quarter
Private Equity firms have invested around $ 4 billion
through 128 deals during the quarter that end…
3 mins read
Here are stages and perspectives behind running family businesses in India
The growth has brought business to a different stage where what worked earlier may not work anymore…