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  • Delhi HC asks ED to respond to Avantha Group promoter Gautam Thapar's plea challenging arrest Aug 16, 2021 07:18 PM IST

    Delhi HC asks ED to respond to Avantha Group promoter Gautam Thapar's plea challenging arrest

    Gautam Thapar has approached the high court challenging a trial court’s August 5 order by which his plea to declare his arrest as illegal was dismissed without recording reasons.

  • Delhi Court sends Avantha Group promoter Gautam Thapar to 10-day ED custody Aug 05, 2021 09:43 PM IST

    Delhi Court sends Avantha Group promoter Gautam Thapar to 10-day ED custody

    The probe revealed that sham agreements were made by these entities to fraudulently obtain huge amount running into more than 500 crore from Yes Bank and further by different modes of layering the tainted amount was laundered and the loan account thus turned NPA causing a loss of huge public money, it said.

  • Delhi Court sends Avantha Group promoter Gautam Thapar to one-day ED custody Aug 04, 2021 10:02 PM IST

    Delhi Court sends Avantha Group promoter Gautam Thapar to one-day ED custody

    Gautam Thapar was arrested on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai.

  • Gautam Thapar, Avantha Group promoter, arrested by ED in money laundering case Aug 04, 2021 07:55 AM IST

    Gautam Thapar, Avantha Group promoter, arrested by ED in money laundering case

    Avantha Group promoter Gautam Thapar was arrested under provisions of the Prevention of Money Laundering Act (PMLA) after the ED carried out raids against him and his linked businesses in Delhi and Mumbai.

  • Yes Bank case: Avantha Group raised Delhi property rent by 65 times to obtain loan Jun 09, 2020 02:49 PM IST

    Yes Bank case: Avantha Group raised Delhi property rent by 65 times to obtain loan

    Investigations have found that the rental income from a Delhi property owned by Gautam Thapar was raised just before a loan was sanctioned by Yes Bank against it.

  • Yes Bank: CBI files fresh case against Rana Kapoor, wife and others in Delhi property case Mar 13, 2020 07:25 PM IST

    Yes Bank: CBI files fresh case against Rana Kapoor, wife and others in Delhi property case

    The agency said: "CBI has registered a case against Rana Kapoor, the then MD and CEO of Yes Bank Ltd; Gautam Thapar, Promoter Avantha Group companies; Bindu Rana (wife of Shri Rana Kapoor), Director M/s Bliss Abode Pvt Ltd and unknown others u/s 120 B & 420 of IPC and Section 7, 11 & 12 of PC Act, 1988."

  • Gautam Thapar's CG Power eyed 'Siemens of India' tag, but finds itself in a hole Aug 21, 2019 05:17 PM IST

    Gautam Thapar's CG Power eyed 'Siemens of India' tag, but finds itself in a hole

    The erosion of market value of CG Power has been so steep that its market capitalisation, which stood at over Rs.18,000 crore in April 2011, has fallen to Rs 757 crore.

  • Crompton Greaves is now CG Power and Industrial Solutions Mar 02, 2017 07:12 PM IST

    Crompton Greaves is now CG Power and Industrial Solutions

    "Avantha Group Company CG announced that effective February 27, 2017 it has changed the registered Company name from Crompton Greaves Limited to CG Power and Industrial Solutions Ltd," the company said in statement.

  • JK Paper makes offer to buy 2 units of BILT Graphic Paper Jul 05, 2016 09:08 PM IST

    JK Paper makes offer to buy 2 units of BILT Graphic Paper

    JK Paper Ltd on July 5 said it has made a non-binding offer to acquire two units of Avantha Group firm BILT Graphic Paper Products Ltd (BGPPL)

  • HCC shelves Lavasa IPO plan for third time May 15, 2016 01:16 PM IST

    HCC shelves Lavasa IPO plan for third time

    Hindustan Construction Company (HCC) has put the proposed IPO for its ambitious Lavasa project on the backburner for the third time, citing bad market conditions in the realty sector.

  • Crompton cracks 28% on Q3 loss & provision, MD & CEO steps down Feb 03, 2016 11:10 AM IST

    Crompton cracks 28% on Q3 loss & provision, MD & CEO steps down

    The Avantha Group company posted a consolidated loss of Rs 107 crore in Q3 due to lower revenue and weak operational performance. Profit stood at Rs 274.3 crore in year-ago period and Rs 52.14 crore in preceding quarter.

  • M Dharma Edges Ahead with a 63 on the Penultimate Day Dec 04, 2015 07:45 PM IST

    M Dharma Edges Ahead with a 63 on the Penultimate Day

    Bengaluru’s M Dharma put himself in position for a second title as his seven-under-63 handed him a one-shot lead in round three of the Rs. 1 ...

  • CG bags contract from French distribution network operator Sep 07, 2015 03:07 PM IST

    CG bags contract from French distribution network operator

    In larger power transformers, for proper voltage regulation, on-load tap changers are required. Tap changers continuously adjust the transformer load to the power demand and ensure uninterrupted and secure electric supply, making them a crucial piece of equipment.

  • CG bags Rs 300 crore order from Power Grid Corporation Aug 13, 2015 05:16 PM IST

    CG bags Rs 300 crore order from Power Grid Corporation

    The orders include 765 kV transformers for the Chittorgarh and Ajmer sub-stations, both part of the green energy corridor, an initiative by the government, to facilitate evacuation of renewable energy into the national grid, the company said in a statement.

  • Crompton Greaves appoints Khosla as MD for consumer biz Jul 06, 2015 03:28 PM IST

    Crompton Greaves appoints Khosla as MD for consumer biz

    "Shantanu brings with him rich experience of managing consumer business across markets, product categories and functions," Crompton Greaves said in a BSE filing.

  • CG bags two orders to set up power substations overseas Jun 29, 2015 06:18 PM IST

    CG bags two orders to set up power substations overseas

    Avantha Group firm Crompton Greaves (CG) on Monday said that it has bagged orders to set up two power substations overseas.

  • Crompton Greaves inks pact with Paraguay's ANDE Apr 30, 2015 01:17 PM IST

    Crompton Greaves inks pact with Paraguay's ANDE

    "Avantha Group company CG has signed a contract with...(ANDE), national power utility of Paraguay for the design, manufacturing, testing and supply of switchgear equipment," Crompton Greaves said in a BSE filing.

  • Crompton Greaves bags Rs 115 crore order from Power Grid Mar 30, 2015 01:15 PM IST

    Crompton Greaves bags Rs 115 crore order from Power Grid

    These reactors will be installed at Power Grid's Vemagiri and Srikakulam sub-stations in Andhra Pradesh.

  • Crompton up 5%, alters consumer products demerger scheme Feb 20, 2015 12:15 PM IST

    Crompton up 5%, alters consumer products demerger scheme

    Shares of Crompton Greaves gained 5.5 percent intraday Friday as the Avantha Group company modified the demerger process and decided to implement a 100 percent demerger of its consumer products business soon.

  • Avantha Group firm bags Rs 119 cr order from NTPC Feb 17, 2015 02:55 PM IST

    Avantha Group firm bags Rs 119 cr order from NTPC

    The Rs 119 crore order requires supplying equipment and is scheduled to be completed in thirty-two months.

  • Buy Crompton Greaves; power biz sale value not great: Pros Nov 24, 2014 03:36 PM IST

    Buy Crompton Greaves; power biz sale value not great: Pros

    Ambraesh Baliga, a market expert believes the Crompton Greaves stock has been correcting sideways. He has been positive on the stock at Rs 120. He feels it is time again to start buying the stock on the back of recent newsflow.

  • Crompton may sell part stake in demerged consumer pdts biz Oct 17, 2014 01:51 PM IST

    Crompton may sell part stake in demerged consumer pdts biz

    Crompton Greaves on Thursday had announced the demerger of its consumer products business unit into a separate company

  • Rupee slump costs India only European Tour event Sep 05, 2013 05:53 PM IST

    Rupee slump costs India only European Tour event

    The Avantha Group, which sponsored the first four years of the tournament, said it would have required a substantial hike in prize money, apart from a right slot in the European Tour calendar, to attract top talents for the 2014 and subsequent editions.

  • Avantha Group Company CG launches Kibosh Aug 16, 2013 05:22 PM IST

    Avantha Group Company CG launches Kibosh

    Avantha Group Company CG, is pleased to announce the release of its new brake motor called "Kibosh".

  • CG reports strong sales & solid order intake May 26, 2013 10:12 AM IST

    CG reports strong sales & solid order intake

    Avantha Group Company CG reported its audited financial results for the 4th quarter and year ended March 31, 2013.

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