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  • CG Power  Consolidated December 2020 Net Sales at Rs 819.52 crore, down 30.45% Y-o-Y Feb 09, 2021 10:00 AM IST

    CG Power Consolidated December 2020 Net Sales at Rs 819.52 crore, down 30.45% Y-o-Y

  • CG Power and Industrial Solutions' loss widens to Rs 534 crore in December quarter Feb 05, 2021 10:59 PM IST

    CG Power and Industrial Solutions' loss widens to Rs 534 crore in December quarter

    The company's consolidated net loss had stood at Rs 210.07 crore in the quarter ended on December 31, 2019.

  • Muruguppa group's Tube Investments to raise Rs 350 crore from Azim Premji Trust, SBI MF Nov 26, 2020 04:21 PM IST

    Muruguppa group's Tube Investments to raise Rs 350 crore from Azim Premji Trust, SBI MF

    Azim Premji Trust will get 27.33 lakh shares worth Rs 200 crore, while SBI Mutual Fund's two schemes -- SBI Focused Equity Fund and SBI Magnum Midcap Fund -- will get 15.03 lakh shares and 5.46 lakh shares worth Rs 110 crore and Rs 40 crore, respectively.

  • CG Power  Consolidated September 2020 Net Sales at Rs 663.89 crore, down 56.93% Y-o-Y Nov 02, 2020 06:33 PM IST

    CG Power Consolidated September 2020 Net Sales at Rs 663.89 crore, down 56.93% Y-o-Y

  • CG Power  Standalone September 2020 Net Sales at Rs 564.80 crore, down 41% Y-o-Y Nov 02, 2020 06:33 PM IST

    CG Power Standalone September 2020 Net Sales at Rs 564.80 crore, down 41% Y-o-Y

  • CG Power  Consolidated September 2020 Net Sales at Rs 663.89 crore, down 56.93% Y-o-Y Oct 30, 2020 09:25 AM IST

    CG Power Consolidated September 2020 Net Sales at Rs 663.89 crore, down 56.93% Y-o-Y

  • CG Power  Standalone September 2020 Net Sales at Rs 564.80 crore, down 41% Y-o-Y Oct 30, 2020 09:11 AM IST

    CG Power Standalone September 2020 Net Sales at Rs 564.80 crore, down 41% Y-o-Y

  • Yes Bank exits CG Power, sells over 10% stake in tranches Aug 19, 2020 10:23 PM IST

    Yes Bank exits CG Power, sells over 10% stake in tranches

    Yes Bank has sold 6,34,00,000 equity shares having nominal value of Rs 2 each, constituting 10.12 percent of the share capital of CG Power in various tranches.

  • CG Power shares hit upper circuit after Singularity Holdings, Blue Diamond buy stake Aug 18, 2020 12:09 PM IST

    CG Power shares hit upper circuit after Singularity Holdings, Blue Diamond buy stake

    The stock price surged over 137 percent in the last three months

  • CG Power's current debt default at Rs 1,023 crore Jul 07, 2020 01:42 PM IST

    CG Power's current debt default at Rs 1,023 crore

    The total debt payment default also includes Rs 873 crore principal as of June 30, according to a regulatory filing.

  • CG Power  Standalone March 2020 Net Sales at Rs 465.41 crore, down 67.16% Y-o-Y Jun 30, 2020 09:37 AM IST

    CG Power Standalone March 2020 Net Sales at Rs 465.41 crore, down 67.16% Y-o-Y

  • CG Power  Consolidated March 2020 Net Sales at Rs 616.25 crore, down 69.01% Y-o-Y Jun 29, 2020 07:05 PM IST

    CG Power Consolidated March 2020 Net Sales at Rs 616.25 crore, down 69.01% Y-o-Y

  • ED busts little-known Mumbai-based firm behind Rs 700-crore forex scam Feb 13, 2020 05:45 PM IST

    ED busts little-known Mumbai-based firm behind Rs 700-crore forex scam

    Capstone sold large amounts of forex but produced fake KYC documents.

  • CG Power loss widens to nearly Rs 1,600cr in September quarter Jan 29, 2020 02:30 PM IST

    CG Power loss widens to nearly Rs 1,600cr in September quarter

    Total income of the company fell to Rs 1,548.50 crore in the second quarter of this fiscal from Rs 2,115.27 crore year ago, according to a BSE filing.

  • CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegations Dec 15, 2019 04:47 PM IST

    CG Power imbroglio: Gautam Thapar cites board approvals, rejects fund misuse allegations

    In a 36-page submission to the corporate affairs ministry early November, Thapar, who was sacked in a boardroom coup in the wee hours of August 30, has provided documents on various issues, including inter-corporate loans, minutes of board meetings and loans from lenders like Standard Chartered Singapore and Yes Bank.

  • Policy | Independent directors need training, not eligibility criteria Nov 26, 2019 10:47 AM IST

    Policy | Independent directors need training, not eligibility criteria

    The proficiency self-assessment test instituted by the MCA is unlikely to provide any meaningful solution to board strengthening. There is no denying that boards in India need training but understanding technical subjects will not help directors in taking the right decision.

  • NCLT asks MCA to get SEBI, I-T Dept clearance on plea seeking recast of CG Power accounts Nov 25, 2019 06:41 PM IST

    NCLT asks MCA to get SEBI, I-T Dept clearance on plea seeking recast of CG Power accounts

    MCA had moved an application under Section 130 of the Companies Act to recast these accounts for the period FY14-15 to FY18-19.

  • Fraud-hit CG Power asks firms linked to promoter Gautam Thapar to return Rs 3,300 cr Nov 12, 2019 06:11 PM IST

    Fraud-hit CG Power asks firms linked to promoter Gautam Thapar to return Rs 3,300 cr

    The firm said it has issued recovery notices to seven entities demanding repayment of Rs 1,314.78 crore owned by them to the company. Besides, its subsidiaries have sent 23 notices to recover Rs 2,095.64 crore.

  • Profit taking hit D-St post record highs; 21 stocks in BSE500 rose 10-40% Nov 09, 2019 09:03 AM IST

    Profit taking hit D-St post record highs; 21 stocks in BSE500 rose 10-40%

    After a sharp rally seen in the past five-weeks, experts feel that the market could consolidate in a range before moving higher. Resistance placed near 12,000-12,100 levels.

  • MCA orders SFIO probe into CG Power: Sources Nov 07, 2019 05:28 PM IST

    MCA orders SFIO probe into CG Power: Sources

    The MCA ordered an SFIO probe on the recommendations of the Western Regional Director of the MCA, which, in its report on CG Power submitted last month, found diversion of funds.

  • Corporate Buzz podcast | The Yes Bank turmoil, PMC fiasco, IndiGo tussle and developments at CG Power Oct 04, 2019 06:09 PM IST

    Corporate Buzz podcast | The Yes Bank turmoil, PMC fiasco, IndiGo tussle and developments at CG Power

    In this first episode of the Corporate Buzz podcast, Moneycontrol's Jerome Anthony talks to Corporate Bureau Chief Prince Thomas to find out the top developments in the corporate world.

  • Sunil Mittal's company to lead efforts to revive CG Power: Report Oct 03, 2019 10:33 AM IST

    Sunil Mittal's company to lead efforts to revive CG Power: Report

    The investors who might put in more funds are insisting that a new management be appointed that has no links to Gautam Thapar-led Avantha Group

  • SAT upholds Sebi's order against Gautam Thapar, other ex officials of CG Power Oct 01, 2019 09:58 PM IST

    SAT upholds Sebi's order against Gautam Thapar, other ex officials of CG Power

    The order comes on an appeal filed by ex officials of CG Power - Gautam Thapar, V R Venkatesh, Madhav Acharya, B Hariharan and Avantha Holdings Ltd - against an "ex-parte ad interim order" passed by Sebi on September 17, 2019.

  • CG Power CEO KN Neelkant resigns Sep 30, 2019 09:13 PM IST

    CG Power CEO KN Neelkant resigns

    Neelkant was appointed by Gautam Thapar-led Avantha Group as MD and CEO of CG Power in March 2016.

  • SEBI bars former CG Power chairman Gautam Thapar, 3 others from accessing securities market Sep 17, 2019 08:05 PM IST

    SEBI bars former CG Power chairman Gautam Thapar, 3 others from accessing securities market

    CG Power & Industrial Solutions on August 29 said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm.

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