The new facility will manufacture low voltage smart electric motors of capacity in the range of 75 kW to 1,000 kW and expand the company's ...

CG Power said its entire board including non-executive chairman Ashish Guha and whole-time executive director Sudhir Mathur have resigned.

Insurance technology firm Majesco has announced a share buyback plan of up to Rs 631.26 crore.

In separate but almost identical stock exchange filings, CG Power and Murugappa Group firm Tube Investments of India Ltd (TIIL), said lende...

The Murugappa Group's Tube Investments of India which has taken over the company has invested nearly Rs 800 crore to turnaround the scam hi...

This process allows other potential suitors to make a counteroffer, after which the first investor, in this case Tube Investment, will have...

If concluded, the deal will likely give Murugappa at least 70% of the debt-laden company.

The transaction is likely to conclude in July, they said.

Whenever businesses and the economy falter, scams and scamsters tend to crawl out of the woodwork. Therefore, businesses having promoters e...

Players see up to 25% growth in forensic business in past 3 years even as strict regulatory action hits audit operations.

The company, which is dealing with muted cash flows and huge debt, will monetise assets like head office building ‘CG House’ and is also wo...

Neelkant confirmed resigning from the subsidiaries but said he believed that investors and lenders would not want him to step down from CG ...

The financial damage to CG’s balance sheet is now estimated to be in excess of Rs 3,000 crore.

With a fall of 2.69 per cent, HDFC contributed 100 points fall in the Sensex.

An investigation had found major governance and financial lapses.

While no one has been named yet, the investigation has found strong links to the present management.

BSE Midcap and Smallcap indices closed 0.27 per cent and 0.50 per cent lower, respectively.