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FINOLEX GROUP
Deepak Chhabria steps down as Finolex Cables chairmanDeepak Chhabria has been removed from the board of Finolex Cables, following a longstanding dispute with his cousin, Prakash Chhabria. This...
Finolex Cables shareholders reject Deepak Chhabria's reappointment as chairman amid SC disputeShareholders of Finolex Cables have rejected the reappointment of Deepak Chhabria as executive chairman, according to the company. The deci...
Prakash Chhabria company moves SC over Finolex cables resolutionPrakash Chhabria-led Orbit Electricals has filed an appeal in the Supreme Court challenging the non-disclosure of the voting outcome regard...
Supreme Court ruling may escalate feud for control of Finolex CablesThe Supreme Court has overturned an interim direction by the National Company Law Appellate Tribunal (NCLAT) in the Finolex Group dispute, ...
Finolex Cables loses 1.1%; battle for control intensifies among ChhabriasAt 09.35 hours (IST), the company’s scrip traded at Rs 484.70, down 1.1% on the National Stock Exchange.
Proxy advisory firms flag corporate governance issues ahead of Finolex Cables AGMProxy advisory firms Stakeholder Empowerment Services (SES) and Ingovern Research have accused the Pune-based company headed by Deepak Chha...
Finolex family dispute escalates amid several counter-allegationsCousins Prakash Chhabria and Deepak Chhabria have accused each other of scheming to gain control of the co.
Finolex family feud reaches Bombay High Court, hearing on April 4Trouble started at an AGM last year, where re-appointment of Deepak Chhabria came up.
Chhabrias of Finolex Group take family feud to courtThe matter will be heard on April 4.
Finolex family spat, board meet raise legal quandaryCaught in the family battle over the Rs 10,000-crore business empire is Crawford Bayley & Co.
Finolex Industries eye $1-billion sales by 2020, to double capacityThe Pune-based company currently nets around 70 per cent of its revenue from farm-oriented pipes & fittings, but expects to increase the no...
Budget 2017: Micro-irrigation industry demands better implementation of subsidiesSuccessive governments in the country have failed to increase the areas under irrigation, which still stands at about 40% of the total crop...
- Finolex Cables eyes JV partner for thermal plant at Ratnagiri
Finolex Cables says it is in talks with Chinese and Indian companies to sell stake in its proposed 1,000MW thermal power plant at Ratnagiri...
- Industrial units unlock realty gold mine
Units off Pimpri-Chinchwad make way for residential and commercial properties.
- Finolex Industries to invest Rs 15 cr on expansion
Finolex Industries, a Rs 2500-crore Finolex group company, on Friday said it will invest Rs 15 crore to expand its PVC pipes capacity.
- Finolex plans insurance foray
Pune-based Finolex group is eyeing presence in the Rs 50,000-crore domestic insurance industry.
- DoD likely to seek fresh restructuring package for HCL
In a bid to enthuse bidders to buy out government equity in loss-making Hindustan Copper, the Disinvestment Department is expected to seek ...