Without divulging details about the $1.2 billion binding bid that Yes Bank received last week, Gill said it was backed by a "large US financial institution."

18 for 18: Top stock ideas for 2018

What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top.

To focus on premium value-added products: Crompton Electricals

While all businesses of the company are growing at a healthy pace, the company hopes to grow its market share significantly in the fans segment, says Shantanu Khosla, MD of Crompton Greaves Consumer Electricals.

See 10-12% growth in FY18; rev to touch Rs 7200 cr: Crompton

In an interview to CNBC-TV18, Madhav Acharya, CFO of the company says that the record date for demerge is March 16 and the shareholders will get one share of consumer business for every share in Crompton Greaves.

Plan to monetise assets to reduce overall debt: Avantha

In an interview to CNBC-TV18, B Hariharan, Group CFO of Avantha, discusses on the deal and the company‘s plans ahead.

Initial Crompton deal value seems on lower side:P Lilladher

Kunal Sheth, analyst, Prabhudas Lilladher says the initial deal value seems to be on the lower side. However, he adds that the company can be re-rated once the consumer business gets demerged.

Saw post Diwali pickup; next 4 months critical: Bajaj Elec

Bajaj Electricals CMD Shekhar Bajaj says with winter not setting in yet, sales of winter-dependent products are yet to pick up. Also, with online retailers offering such steep discounts, there is confusion in the minds of consumers.

SEB debt recast to boost electrical industry: IEEMA

JG Kulkarni president of IEEMA says debt recast will improve financial viability of SEBs. "It will give a boost to electrical industry where the capacity utilisation today is, on an average, 67 percent," he adds.

Crompton's grief on low demand won't stay for long: Havells

Commenting on Crompton’s fears of being on the eye of a storm of falling consumer demand, Anil Gupta, joint managing director of Havells India, trading in the same sector, says the phenomenon will for only last one quarter.

Crompton bleeding on insider trade? Management clarifies

In an interview with CNBC-TV18, SM Trehan and Laurent Demortier, managing director of the company spoke about current issues and future plans.

New acquisitions to add 15% to revenues ahead: Crompton

Heavy electrical equipment manufacturer Crompton Greaves (CG) acquired two companies in the last one month. It bought US based, QEI Inc for an enterprise value of USD 30 million.

Demand-supply gap to increase in power sec: Abhijeet Power

K Ravi Kumar, director of Abhijeet Power Ltd, managing director of JIPL and former chairman BHEL, in an interview with CNBC-TV18's Mitali Mukherjee and Sonia Shenoy, spoke about his reading of the power sector.

Capex cycles to improve in 6-months: Crompton Greaves

In an exclusive interview with CNBC-TV18, managing director of the company, SM Trehan says that they have seen lesser orders from the power sector. He holds that the results were affected both by the increase in volatility in commodity pricing and also the lower inflow of orders that added pressure on the pricing.

See overall growth of 13-16% in FY12: Crompton Greaves

Crompton Greaves net profit for the fourth quarter (January to March) rose a meager 5% to Rs 285 crore from Rs 270 crore posted in the same quarter last year. The electrical equipment major’s net sales were up 16% at Rs 2,908 crore as against Rs 2,508 crore.

Power segment to grow by 6-8% next year: Crompton Greaves

In an interview with CNBC-TV18, SM Trehan, MD, Crompton Greaves said that Power Grid's decision to award tenders separately for substations, increases it's the probability because now there are options to participate in the EPC and in the circuit breakers separately.

Expect revenue growth of 16-18% in FY12: Crompton Greaves

Speaking to CNBC-TV18, SM Trehan, managing director of the company said growth in power segment came in muted at 2%. "It is expect to be at 3-5% range in fourth quarter," he added.