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Avantha Group

Fraud-hit CG Power's board removes chairman Gautam Thapar

Manufacturing

29 August, 2019

Fraud-hit CG Power's board removes chairman Gautam Thapar

CG Power and Industrial Solutions Ltd said on Thursday its board of directors has decided to remove chairman Gautam Thapar ......

CG Power plans to offload non-core assets, raise fresh funds

Manufacturing

28 August, 2019

CG Power plans to offload non-core assets, raise fresh funds

Avantha Group company CG Power and Industrial Solutions Ltd is considering to offload its non-core assets and an equity fund ......

CG Power detects financial irregularities, shares slump

Manufacturing

20 August, 2019

CG Power detects financial irregularities, shares slump

Avantha Group company CG Power and Industrial Solutions Ltd said on Tuesday it has detected unauthorised transactions and financial irregularities ......

Samara Capital eyes 3i Infotech; KKR, lenders may gain controlling stake in CG Power

General

15 March, 2019

Samara Capital eyes 3i Infotech; KKR, lenders may gain controlling stake in CG Power

Mid-market private equity firm Samara Capital is in discussions to buy IT firm 3i Infotech for an enterprise value of ......

Premium
Avantha sells speciality chemicals unit Solaris ChemTech

Manufacturing

16 January, 2019

Avantha sells speciality chemicals unit Solaris ChemTech

Gautam Thapar-led Avantha Group has sold speciality chemicals unit Solaris ChemTech Industries Ltd, as it continues its asset divestment strategy ......

Avantha set to sell agrochemicals unit; Statkraft eyes IL&FS' green energy assets

General

29 November, 2018

Avantha set to sell agrochemicals unit; Statkraft eyes IL&FS' green energy assets

Gautam Thapar-led Avantha Group is likely to sell agrochemicals unit Solaris ChemTech to Agrocel Industries, part of Shroff Group of ......

Fullerton out of PNB Housing race; Amazon Pay may buy Tapzo

General

29 August, 2018

Fullerton out of PNB Housing race; Amazon Pay may buy Tapzo

Fullerton Financial, owned by Singapore state investment firm Temasek, has pulled out of the race to buy a stake in ......

Ballarpur to sell Malaysian unit Sabah Forest for $310 mn

Manufacturing

06 April, 2018

Ballarpur to sell Malaysian unit Sabah Forest for $310 mn

Paper maker Ballarpur Industries Ltd has signed a pact to sell Malaysian unit Sabah Forest Industries Sdn Bhd, its second ......