Gautam Thapar

Although Rana Kapoor is not named as an accused in the CBI FIR pertaining to the case, he is co-accused with Gautam Thapar in another case related to alleged diversion of public money in YES Bank in exchange for a high-end property at an upscale neighbourhood of Delhi, officials said.

Court grants time to Avantha Group promoter Gautam Thapar to advance arguments on bail plea

Special judge Sanjeev Aggarwal directed the counsel appearing for Thapar to submit documents by October 23, when the court will further hear the matter.

Delhi HC dismisses Avantha Group promoter Gautam Thapar's plea challenging arrest

Gautam Thapar had 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.

Court directs ED to file reply on Avantha Group promoter Gautam Thapar's bail plea by October 1

Special judge Sanjeev Aggarwal granted three more days to the ED after the agency sought time to file its reply to Thapar’s plea.

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

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

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

Avantha Group’s Gautam Thapar arrested, here’s what data on bank frauds reveal

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.

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.

CBI conducts searches at CG House in Gautam Thapar case

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

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."

CG Power case: Gautam Thapar welcomes relief from SEBI

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.

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.

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny

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.

Gautam Thapar's CG Power finds unauthorised advances, major financial lapses

The funds so raised were routed out of the company, the firm said in a filing to the stock exchanges.

Ashok Kumar Ends Five-year Victory Drought with Thrilling Playoff Win

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 ...

8th Edition of CG Open to Host 120 Golfers

Avantha Group Company CG and the Professional Golf Tour of India (PGTI) will host the country’s leading golfers in the 8th ...

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.

CG wins wind onshore projects in France

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.

CG inaugurates motor facility in Madhya Pradesh

Avantha Group Company CG's motor facility in Bhopal was inaugurated today in the presence of Avantha Group Founder & Chairman Mr Gautam Thapar

CG wins 3 contracts from PGCIL valued at Rs 231.7cr

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.

What is the business of business? Experts discuss

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

We need a new view at the top: Sudhir Trehan

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

AIMA Awards: Awarding excellence in Indian management

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.

India's quest for inclusive growth: Can industry pitch in?

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.