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CG Power & Industrial Solutions Ltd

Tube Investments raises funding from Azim Premji Trust, SBI Mutual Fund

Manufacturing

Tube Investments raises funding from Azim Premji Trust, SBI Mutual Fund

Murugappa Group company Tube Investments of India Ltd has announced fundraising of Rs 350 crore ($47...

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Murugappa Group to pick up a larger controlling stake in CG Power

Manufacturing

Murugappa Group to pick up a larger controlling stake in CG Power

Tube Investments of India Ltd has proposed to invest more capital into fraud-hit CG Power & ...

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KKR completes exit from fraud-hit manufacturing firm with poor returns

Manufacturing

KKR completes exit from fraud-hit manufacturing firm with poor returns

Global alternative assets giant KKR has fully exited a manufacturing company that has struggled over...

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‘Shot in the dark', says court as it rejects Avantha's allegations against KKR

Finance

‘Shot in the dark', says court as it rejects Avantha's allegations against KKR

The Delhi High Court has dismissed a petition by Avantha Holdings Ltd against KKR & Co. that accused...

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KKR makes partial exit from manufacturing firm as it cleans up its debt book

Manufacturing

KKR makes partial exit from manufacturing firm as it cleans up its debt book

Global alternative assets giant KKR, which has been under pressure in India for its debt investments...

Tube Investments to take control of KKR-backed CG Power

Manufacturing

Tube Investments to take control of KKR-backed CG Power

Murugappa Group company Tube Investments of India Ltd will take control of CG Power & Industrial ...

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

General

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

Regional language social media platform ShareChat is looking to raise $200 million (Rs 1,510 crore ...

Fraud-hit CG Power hires Arpwood Capital to raise equity funding

Manufacturing

Fraud-hit CG Power hires Arpwood Capital to raise equity funding

CG Power & Industrial Solutions Ltd, a distressed company backed by private equity firm KKR, has ...

SEBI upholds ban on Avantha execs; may probe KKR's role in CG Power case

Manufacturing

SEBI upholds ban on Avantha execs; may probe KKR's role in CG Power case

The Securities and Exchange Board of India (SEBI) may examine private equity giant KKR’s alleged ...

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

General

Grapevine: Fosun to buy 2 Pfizer factories; Sunil Mittal to up stake in CG Power

Gland Pharma, owned by Chinese firm Fosun Pharma, has emerged as the front-runner to acquire the two...