Last month, the trial court had denied the relief of bail to Kapoor, noting that the allegations against him were most grave and serious in...

“Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, a...

Avantha Group promoter Gautam Thapar had approached the high court challenging a trial court's August 5 order by which his plea to declare ...

Lenders to the Avantha Group’s 600 MW distressed Jhabua power plant have come to an agreement with the state-owned National Thermal Power C...

“Illegal favours are found to have been extended by Yes Bank to Avantha Group. Any quid pro quo for extending such illegal benefit is yet t...

His counsel Vijay Aggarwal moved a plea seeking to avail Thapar’s fundamental right to silence during the custodial interrogation by the ED...

Last year the CBI had registered an FIR against Gautam Thapar and Avantha Group. The said FIR, registered in March last year, alleged crimi...

The state-owned power giant that accounts for a fourth of India’s energy generation has made a ₹1,900 crore offer for Madhya Pradesh-based ...

A lender group is negotiating with Adani to sweeten the terms of the deal. The group wants at least Rs 400 crore more, according to the sou...

JSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jh...

Companies such as Adani and Vedanta and funds backed by India Resurgence, Edelweiss and KKR have shown interest in acquiring these power co...

Of a dozen distressed cos, four to be taken to bankruptcy court and the rest to be put on sale.

Around $850 million equity from investors to help create $4 billion balance sheet; JV set to buy Avantha Power's Jhabua plant.

The power producer had also shown interest in and seriously appraised debt-laden power and infrastructure major Lanco's coalbased power pla...

This will be the second major acquisition by Adani Power since August, when it had entered into a definitive agreement to acquire Lanco Inf...

Ever wondered what makes our politicians tick? If some prefer to dabble in the share market, some enjoy swanky cars while others indulge in...

Gail India is slated to kick off its annual borrowings for 2009-10 after Reserve Bank of India’s annual monetary policy announcement on Apr...