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AVANTHA INTERNATIONAL
HC dismisses Avantha Group promoter Gautam Thapar's plea challenging arrestAvantha Group promoter Gautam Thapar had approached the high court challenging a trial court's August 5 order by which his plea to declare ...
CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegationsCG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Th...
MCA plea to reopen CG Power books likelyAccording to a person in the know, the MCA’s probe has indicated a suspicious diversion of more than Rs. 2,000 crore by certain erstwhile d...
The downfall! How this iconic Delhi business empire went bustBusiness tycoon Gautam Thapar’s Avantha Group topped the $4 billion revenue mark during 2007-08.
SAT rejects Gautam Thapar's appeal against Sebi orderIt has directed Thapar and others to approach the Securities and Exchange Board of India(Sebi) to obtain all the documents they would requi...
CG Power case: Sebi bans Gautam Thapar, 3 others from market; orders forensic auditThe audit firm will have to submit the report to Sebi within six months from order date.
Irregular deals by brass may have led to Rs 3000 crore loss for CG Power: ReportThe cheques were issued by CG without approval from its board or risk and audit committee.
$650 million deals between US investor KKR and 4 Indian realty developersKKR, through its real estate NBFC, has extended $75 million to Lodha Developers and is seen finalising a $45-million financing deal with Ru...
Crompton Greaves to sell T&D biz outside India for Rs 85 croreA top executive at its parent Avantha Group also said Crompton Greaves will exit from international business by selling or winding up some ...
Ballarpur Industries Limited to sell Malaysian subsidiary for $500 millionSabah Forest is 98.08% is owned by Ballarpur Paper Holdings BV, a Netherlands-based investment firm in which BILT owns a 69% equity stake.
Crompton Greaves appoints Shantanu Khosla as MD for consumer businessCrompton Greaves today appointed former Shantanu Khosla as the executive vice president and managing director designate of its consumer bus...
Advent teams up with Temasek to scoop up Crompton’s consumer businessAdvent is said to have teamed up with Temasek at the last minute, after signing an exclusivity agreement with Thapar earlier this year.
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 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.
Round-up of those whose worth went up or down todayHere is a round-up of Gautam Adani and Renu Khator whose worth went up or today.
Aion, Apollo to invest Rs 960 cr into Avantha HoldingsKKR likely to give additional $100 m funding; transaction to be a structured deal linked to the equity performance of Crompton Greaves.
- Ergo Insurance, Avantha announces joint venture in life insurance space
Ergo Insurance and the Avantha Group country's leading business conglomerates today announced a joint venture in life insurance space.
- Access to finance big concern of SME sector: CII
CII today said it is in the process of working with banks and other financial institutions to address concerns over access to funds for SME...
- Ballarpur Industries' arm raises $200 mn in perpetual bonds
Raised at 9.75% per annum, the bonds have a call option in the fifth and 10th year, and at every distribution date thereafter.
- Ballarpur Ind appoints JPMorgan, Citi to manage Dutch unit's listing
Avantha group flagship Ballarpur Industries (BILT) has appointed JPMorgan and Citigroup to handle the planned flotation of its Dutch unit B...