Sep 30, 2019 09:13 PM IST
Neelkant was appointed by Gautam Thapar-led Avantha Group as MD and CEO of CG Power in March 2016.
- Sep 17, 2019 08:05 PM IST
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.
- Sep 09, 2019 09:52 AM IST
CG Power’s board will respond to the notice after consulting with its legal team
- Sep 07, 2019 03:20 PM IST
Venkatesh who was sacked recently by the company citing misconduct and breach of trust
- Aug 31, 2019 06:19 PM IST
Venkatesh was the second head to roll out from the scam-ridden company.
- Aug 30, 2019 05:44 PM IST
Gautam Thapar, who was sacked as chairman recently, has also been summoned.
- Aug 30, 2019 12:02 PM IST
The MCA also conducted a physical inspection of the CG Power headquarters on August 30
- Aug 29, 2019 04:41 PM IST
The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.
- Aug 29, 2019 11:30 AM IST
CG Power said this decision has been taken in the interests of the company and its stakeholders in discharge of the fiduciary responsibilities of the board.
- Aug 28, 2019 04:17 PM IST
As per an investor presentation published on Tuesday, the board is looking at disinvestments in non-core assets that can include the sale of the Kanjurmarg land and CG House
- Aug 27, 2019 08:36 AM IST
The new limits, effective from August 27 will ensure stock prices do not go up or down beyond a level during a session.
- Aug 22, 2019 08:27 PM IST
In today’s edition of Digging Deeper, we’re looking at the latest case of corporate misgovernance.
- Aug 21, 2019 06:35 PM IST
Investigations found shocking divergence in stated liabilities and advances to related parties
- Aug 21, 2019 04:29 PM IST
These include advances to related and unrelated parties as well as liabilities of the company and the group potentially being understated by hundreds of crores of rupees.
- Aug 21, 2019 09:20 AM IST
CG Power's disclosures reveal numerous holes in its financial picture and adds to a growing list of Indian companies that have tripped on the corporate governance front
- Aug 20, 2019 05:36 PM IST
The funds so raised were routed out of the company, the firm said in a filing to the stock exchanges.
- May 08, 2019 02:39 PM IST
The breadth of the market favoured the declines as 427 stocks advanced and 1,300 declined while 371 remained unchanged. On the BSE, 676 stocks advanced, 1,684 declined and 143 remained unchanged.
- May 08, 2019 11:18 AM IST
At 1114 hrs, CG Power and Industrial Solutions was quoting Rs 41.30, up 13.15 percent on the BSE.
- Feb 13, 2019 11:04 AM IST
- Feb 13, 2019 10:56 AM IST
- Nov 14, 2018 10:26 AM IST
- Nov 14, 2018 10:25 AM IST
- Jul 06, 2018 02:37 PM IST
Some of the top gainers on BSE are Bharat Eletcronics which jumped over 8 percent followed by Adani Power, Jain Irrigation Systems, Engineers India and Ashok Leyland.
- Apr 18, 2018 08:27 AM IST
Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.
- Feb 20, 2018 02:43 PM IST
Mitessh Thakkar of miteshthacker.com is of the view that one can sell CG Power and can buy Godrej Consumer.