Aug 16, 2021 07:18 PM IST
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.
- Aug 05, 2021 09:43 PM IST
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.
- Aug 04, 2021 10:02 PM IST
Gautam Thapar was arrested on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai.
- Aug 04, 2021 03:37 PM IST
Share of private sector banks in total frauds registered has increased while that of public sector banks has decreased over a year, RBI data show.
- Aug 04, 2021 07:55 AM IST
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.
- Jun 24, 2021 10:39 AM IST
On June 9, the Central Bureau of Investigation had carried out searches at 14 locations in Delhi-NCR and three other cities after registering an FIR against Avantha group promoter Gautam Thapar, Oyster Buildwell and others
- Mar 13, 2020 07:25 PM IST
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."
- Mar 12, 2020 09:05 AM IST
Thapar also welcomed the regulator's decision to ask the BSE to appoint an auditor to restate fraud-hit CG Power and Industrial Solutions' books from 2014-15, saying that it would bring out the facts.
- Nov 07, 2019 05:28 PM IST
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.
- 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 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.
- Dec 05, 2015 10:27 PM IST
Delhi’s Ashok Kumar ended his five-year victory drought with a spectacular playoff win at the Rs. 1 crore CG Open 2015. Ashok defeated M Dharma ...
- Nov 26, 2015 06:50 PM IST
Avantha Group Company CG and the Professional Golf Tour of India (PGTI) will host the country’s leading golfers in the 8th ...
- Nov 24, 2014 03:36 PM IST
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.
- Jul 03, 2013 05:35 PM IST
Avantha Group Company CG has been awarded a contract for the design, engineering, supply, installation & commissioning of a "WINDSUB" (wind farm substation) at 75 MW Seine Rive Gauche Nord wind farm in France.
- Jul 02, 2013 05:10 PM IST
Avantha Group Company CG's motor facility in Bhopal was inaugurated today in the presence of Avantha Group Founder & Chairman Mr Gautam Thapar
- Jun 27, 2013 10:50 AM IST
Avantha Group Company CG, bagged three contracts from Power Grid Corporation of India for supply of 7 nos. 500 MVA single phase 765 kV auto transformers and 38 nos. 80 MVAR and 110 MVAR single phase 765 kV reactors, valued at Rs 231.7 crore for its Thiruvelum, Kurnool, Raipur and Wardha substations.
- Dec 07, 2011 10:00 AM IST
What is the business of business? Do we need to go beyond Milton Friedman's definition of being maximum profit? Must the line between a business corporation and a social enterprise blur? Experts discuss
- May 20, 2011 09:35 AM IST
Sudhir Trehan, outgoing managing director of Avantha Group company Crompton Greaves, tells Forbes India that CG still operates the Indian way in India and the European way in Europe
- May 03, 2011 06:32 PM IST
Here we are to acknowledge and honour some outstanding individuals who has made exceptional contribution to management in the diverse areas of work. AIMA is the apex body for management in the country and has been promoting excellence in the discipline of management for over 54 years now.
- Feb 22, 2011 05:24 PM IST
We have often heard the government talk about inclusive growth, but is there a role which industry can actually play to further the cause of inclusive growth.