Shares of engineering major Crompton Greaves today plunged over 18 per cent amid the demerger of the firm's consumer products business.

According to bulk deal data available with NSE, WGI bought 86,22,451 shares, or 1.37 per cent stake, in Crompton Greaves (CG).

The stock exchange said the shares of the company will be dropped from 12 indices including S&P BSE 100, S&P BSE 200 and S&P BSE 500.

Crompton Greaves today appointed former Shantanu Khosla as the executive vice president and managing director designate of its consumer bus...

A higher ad spend and lower input costs could help unlock value.

After falling 7.77 per cent to Rs 155.40 in intra-day trade on the BSE, shares of Crompton Greaves recovered some of the lost ground and fi...

Crompton Greaves' Board has approved demerger of its consumer products business into a separate listed company from October 1.

Crompton Greaves (CG) today said its board has decided to fully demerge its consumer products business.

Crompton Greaves would have retained 25% plus one share of CCPL and the remaining 75% minus one share would have been distributed.

Promoter Gautam Thapar is hiving off the profitable consumer durable business to form a new entity in which the global fund.

Last July, Crompton Greaves decided on demerging the consumer business from industrial systems, which manufactures generators, and power sy...

CG announced that existing shareholders will receive 3 share of new CCPL for every 4 shares they currently hold, something shareholders may...

The first half of 2014-15 fiscal, Crompton Greaves profit increased 12.76 per cent to Rs 133.61 crore against Rs 118.49 crore in the year-a...

"There will be many more order flows for BHEL going ahead. So, any sort of correction should be utilised to buy BHEL at lower levels."

'All the good news that is coming through in terms of the demerger of the consumer durables business, the land sale as you mentioned right ...

Crompton Greaves will retain between 25% and 26% ownership in the new company and the balance will be distributed among the shareholders.

Avantha Group is believed to have held informal talks with bulge bracket private equity funds such as TPG Capital and Carlyle.