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AVANTHA GROUP COMPANY
Court takes cognisance of charge sheet against Avantha Group promoter Gautam ThaparAvantha Group of companies promoter Gautam Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on August 3 after t...- ED files charges against Thapar, Rana Kapoor in bank loan fraudThe agency on Monday informed a local court that it has so far unearthed Rs 514 crore of “proceeds of crime” from Rs 2,435 crore of loans t...
- Bank loan fraud was mutually beneficial to Avantha and Yes Bank: ED to courtTo buttress its charge that the fraud benefitted Avantha and Yes Bank, the agency referred to emails dated August 4, 2017, and August 8, 20...
- Court directs ED to file reply on Avantha Group promoter Gautam Thapar's bail plea by Oct 1The application has claimed that the accused was no longer required for custodial interrogation and no purpose will be served by keeping hi...
- Fresh FIR against Gautam Thapar of Avantha Group and others for defrauding YES BankThe Central Bureau of Investigation has registered a fresh case against industrialist Gautam Thapar, promoter Avantha Group of Companies an...
- Rana Kapoor, wife took Rs 307 cr illegal gratification through bungalow deal: CBI FIRKapoor and his wife along with others have been named in the fresh case lodged on Friday. The CBI, which is probing the corruption and crim...
- Crompton Greaves bags orders from Saudi Electricity CompanyCrompton Greaves have bagged total orders worth $8 million since 2014 from Saudi Electricity Company, the Avantha Group Company said in a r...
- Adani Group in talks to buy Avantha Power & Infrastructure’s Madhya Pradesh power projectThe Adani Group is in talks to acquire Avantha Power & Infrastructure’s 1,260-Mw power project in Madhya Pradesh.
- Avantha Group mulls turning consumer division of Crompton Greaves into separate entityAdvent International entered into an exclusive agreement with Avantha Group to complete the due diligence sometime last month.
- Avantha Group firm CG bags $20 million contract from IndonesiaThis project is being funded by IBRD - World Bank and is aimed at enhancing the performance of PT PLN's transmission grid.
- Avantha Group firm bags Rs 119 crore order from NTPCThe Rs 119 crore order requires supplying equipment and is scheduled to be completed in thirty-two months.
- Avantha Holdings buys 1.15 crore Crompton Greaves shares for Rs 211 croreAvantha Holdings picked up 1.15 crore shares of Crompton Greaves for a little over Rs 211 crore through open market route.
- Avantha sells 8.3% stake in Crompton Greaves for Rs 1,000 croreEarlier this week, Adani Power entered into a binding agreement with Avantha group to buy out its Korba West unit for more than Rs 4,200 cr...
- Thapar Group mulls selling Avantha Power assets to reduce debtsPeople with knowledge of the matter said officials from both sides have met to discuss the issue and that the deal is likely to involve the...
- Avantha Group company CG bags contract in Paraguay to supply transformersThe transformers will be used in expansion of the central South American country's 220 kV and 66 kV electricity network, the company said h...
- CG receives Euro 150 million order for wind project in NetherlandsCG receives Euro 150 million order for wind project in Netherlands
- PE fund KKR to invest $100 million in Gautam Thapar-owned Avantha GroupUS-based private equity fund KKR has signed a deal to invest $100 million (Rs 630 crore) in Gautam Thapar-owned Avantha Group.
- Avantha Power synchronises 600 MW unit of Raigarh plant in ChhattisgarhAvantha Group said the 600 MW unit of its Chhattisgarh thermal power plant has cleared the first stage of commissioning.
- Avantha Group company CG bags $ 60 million contract in Iraq"The $ 60 million contract has been awarded by the Electrical Transmission Project Office of the Ministry of Electricity (MOE) in Iraq," th...
- Ergo Insurance, Avantha announces joint venture in life insurance spaceErgo Insurance and the Avantha Group country's leading business conglomerates today announced a joint venture in life insurance space.
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