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AC MUTHIAH GROUP
SPIC's captive floating solar power plant in TN goes on stream, CM inaugurates unitThe floating solar power plant would generate more energy as water facilitates a cooling effect leading to a higher yield. The project woul...- Karti Chidambaram: A curiously aloof politician with rough edgesSome view him as a ‘political upstart’ endlessly harried by investigative agencies, others see him as a ‘smooth operator’ who claims to be ...
- Iconic Madras Race Club searches for successor of India’s oldest horse-racing clubSeveral names are cropping up as contenders, including Ramaswamy’s disowned foster son MAMR Muthiah and Chettinad heir Karti, son of former...
- Ashwin C Muthiah scripts family business revival with newer venturesAshwin C Muthiah is considering newer ventures like green energy and medical devices, scripting another story of family business revival an...
- AC Muthiah trying to grab assets: MAM's sonRamaswamy , 85, was admitted to Fortis Malar Hospital with liver and kidney ailments and was said to be in "critical" condition on Wednesda...
- Chettinad group's chairman MAM Ramaswamy disowns adopted son MAMR Muthiah, names Spic promoter AC Muthiah successorRamaswamy said he has started a legal process to annul Muthiah's adoption and simultaneously create trusts to secure family assets outside ...
- Supreme Court cites conflict of interest, bars N Srinivasan from fighting BCCI pollsThe names of Dalmiya along with current vice-president and ex-minister Rajeev Shukla are doing the rounds as possible candidates in the upc...
- First leasing gets merchant banker Ashika Capital to rectify accountsChennai-based First Leasing Company of India, embroiled in an accounting scam, will seek help from merchant banker Ashika Capital, said cha...
- First Leasing’s AGM venue irks minority shareholdersChennai-based First Leasing Co of India Ltd, which is embroiled in an accounting scam, will hold its delayed AGM at this hall, irking minor...
- First Leasing auditors resign after red flag on accounts, company to go for forensic auditFirst Leasing was barred from running any business by the RBI last month, which had earlier inspected its books.
- First Leasing Co of India auditors red-flag over previous year's financial statementsAuditors have raised the red flag over the previous year's financial statements of Chennai-based First Leasing Co of India Ltd.
- First Leasing’s Farouk Irani admits Rs 1,000-crore gap in balance sheetAssets worth only Rs 200 crore has been created by First Leasing Company of India, where Irani has been the managing director since 1973, o...
- Investment banks emerging as a force to reckon withBoutique bankers are making hay as many medium and small-sized cos are up for grabs with even among well-established players in i-banking.
- Jupiter Cap picks up IDFC’s stake in SicalTHE Bangalore-based Jupiter Capital, promoted by Rajeev Chandrasekhar, has bought a 13.28% stake in Sical Logistics, part of the MA Chidamb...
- SIS looks to raise $100 mn via stake sale to PE coDelhi-based private security services firm Security & Intelligence Services (SIS) plans to raise $100 mn through a sale of shares to a priv...
- Muthiah Group's SDB Cisco stake-sale plan falls throughAC Muthiah Group’s proposed sale of majority stake in security services firm SDB Cisco to Denmark’s ISS has fallen through as certain terms...
- Spic gets nod for pref issue to promoter, ArcilAn extraordinary general meeting (EGM) of Spic held in Chennai on Monday cleared resolutions for issuing convertible preference shares to t...
- Muthiah to exit SDB Cisco; in talks for selling stake in JVThe AC Muthiah-led MAC Group is exiting SDB Cisco, a leading player in the security services and cash-in-transit management firm and a 38-y...
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