Murugappa to buy Germany's Hubergroup; acquisition at an enterprise value of $310 millionMurugappa Group is set to acquire Hubergroup, a German specialty chemicals company, for $310 million. The deal, financed through debt refin...
15 Nov, 2024, 12.17 AM IST
Tatas top wealth creators among India's business housesIndian conglomerates, including the House of Tatas, Adani Group, Bharti Group, Murugappa Group, and Aditya Birla, have seen their stock ris...
12 Dec, 2023, 05.27 PM IST
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...
21 Aug, 2023, 06.59 AM IST
Valli Arunachalam slams Murugappa Group's restructuring move for being gender biasedThe Rs 38,100-crore Murugappa Group's restructuring announcement has no mention of daughters being groomed for leadership roles in business...
08 Dec, 2020, 08.48 PM IST
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...
11 Nov, 2020, 07.51 PM IST
New owners give new ambitions to CG PowerCG Power had a long term debt of over Rs 2,000 crore at the end of FY20. The Murugappa group has struck a settlement with banks (SBI is the...
25 Sep, 2020, 08.30 AM IST
Murugappa Group records 2.8% rise in FY20 PAT at Rs 2,946 croreThe group registered a growth of 3.3 per cent in turnover at Rs 38,105 crore during 2019-20 as against Rs 36,890 crore recorded previous ye...
23 Jun, 2020, 09.02 PM IST
In India, conglomerates must hone that edgeThe top quartile conglomerates in India and South East Asia performed significantly better than others.
09 Oct, 2018, 08.39 AM IST
Murugappa Group to invest Rs 2000 crore in capital expenditure over the next two fiscalsThe capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasiv...
16 May, 2018, 09.59 PM IST
Murugappa Group appoints MM Murugappan as executive chairmanMurugappan is on the board of several companies outside the Murugappa Group including Mahindra & Mahindra and Cyient Ltd as also on the boa...
05 Feb, 2018, 07.23 PM IST
Contributions to Tamil Nadu relief work touch Rs 96.53 croreContributions worth Rs 96.53 crore by corporates and other individuals, have been received for undertaking relief and rehabilitation work i...
13 Dec, 2015, 05.18 PM IST
Murugappa Group forays into online travel spaceMurugappa Group, has launched its service in the online space, making it as the first services agency to be approved by the IATA.
06 Feb, 2015, 10.18 PM IST
- Murugappa Group sees 20% spike in 2014 revenues
“Demand was down 25% in our flagship fertiliser business… While sugar business was hurt by deficient monsoon and a steep increase in input ...
04 May, 2013, 09.49 AM IST
- Shanthi Gears Q4 net slumps by 76%
The Coimbatore-based company had registered a net profit of Rs 8.14 crore during the corresponding period of previous year, Shanthi Gears s...
30 Apr, 2013, 06.48 PM IST
- Murugappa enters race to acquire Mallya’s Mangalore Chemicals and Fertilizers
Mallya’s investment holding company United Breweries Holdings owns 30.44% promoter stake in MCF, which has been long considered a non-core ...
08 May, 2012, 06.35 PM IST
- Murugappa group plans Rs 1,500 cr capital investment
Murugappa Group announced its proposal to make a capital expenditure of Rs 1,500 cr during 2011-12, as part of reaching its goal of becomin...
06 May, 2011, 07.11 AM IST
- Murugappa group on the lookout for new chairman
Exciting times are back at Chennai-based family-owned Murugappa group. It will soon select and nominate a new chairman to succeed the curre...
07 Aug, 2009, 12.08 AM IST