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BSE 100 rejig: Paytm, Ashok Leyland and CG Power enter index; Adani Group-owned Ambuja, 2 more exitPaytm, Ashok Leyland, and CG Power were added to the BSE 100, replacing Ambuja Cements, Tube Investments, and Colgate-Palmolive, effective ...
Axiro will scale fabless chip business in phases: CG Power chairmanAxiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communicati...
Murugappa plan to split Group into 3 hits a bumpThe turbocharged value appreciation of a handful of group companies relative to others has led to serious differences among at least two of...
Murugappa family completes the family arrangement with the family branch of late M V MurugappanThe Murugappa family has announced the successful completion of a family arrangement, resolving the longstanding issues with the family bra...
Murugappa family ends dispute with Valli ArunachalamThe communique, which did not reveal the terms of the agreement, said this will also bring to a close legal challenges including that mount...
These 5 Murugappa Group entities gave multibagger returns of up to 987% in last 5 years>> For more such web stories click on the ET icon below
Multiples PE invests Rs 1200 cr in Murugappa group companyTICMPL, a wholly owned subsidiary of Tube Investments of India Limited (TII) has already unveiled its passenger 3-wheeler electric vehicle....
NCLT starts hearing Arunachalam’s pleaArunachalam is the eldest daughter of the former family patriarch, the late MV Murugappan. She had accused other shareholders of the divers...
Murugappa Group Chairman steps down from two group companiesThe company said Murugappan had stepped down upon reaching 65 years of age and added that he "wished to pursue philanthropy and other inter...
Lenders of CG Power negotiate with Murugappa Group to further raise the bid amountIf concluded, the deal will likely give Murugappa at least 70% of the debt-laden company.
Murugappa Group eyes CG Power, ready to invest Rs 750 croreThe transaction is likely to conclude in July, they said.
- Carborundum Universal standalone Q4 net at Rs 62.41 crore
Total income for the quarter under review stood at Rs 387.40 crore as against Rs 467.69 crore registered in the same period last fiscal.
Board approves sale of Chola MS stake for Rs 883 croreBoard of Murugappa Group company Tube Investments has approved sale of 14 per cent stake in Cholamandalam MS General Insurance for Rs 882.6...
Murugappa Group firm Polutech Ltd to form joint venture with Japan's Organo GroupPolutech Ltd will form a joint venture (JV) with Japan-based Organo Group for providing water treatment services in the industrial sector.
Shanthi Gears Q2 net profit down 66.2 per cent to Rs 2.27 croreTotal income from operations for Q2 ended September 30, 2014 dipped to Rs 37.73 cr from Rs 41.69 cr registered during same period of previo...
Shanthi Gears Q4 Net jumps 91.4% to Rs 3.67 croreShanthi Gears has reported a 91.4 per cent jump in its net profit at Rs 3.67 crore for the fourth quarter ended March 31, 2014.
Carborundum Universal Q3 Net up 87.3% at Rs 11.22 croreCarborundum Universal has reported 87.3 per cent jump in net profit at Rs 11.22 crore for the third quarter ended December 31.
Cholamandalam Finance standalone net up 13 per cent at Rs 92 croreCholamandalam Investment and Finance today reported a 13 per cent rise in standalone net profit in the three months to December at Rs 92 cr...
- Cholamandalam plans to foray into affordable housing finance
Cholamandalam Investment, a part of $4.4 bn Murugappa Group company, has plans to foray into the affordable housing finance a, a top offici...
- Murugappa, DBS Bank as Promoters to pump 300 crore in Chola DBS
Murugappa group companies and DBS Bank of Singapore will be pumping in, subject to approvals, Rs 300 crore ( Rs 150 crore each) into Cholam...