CG Power & Industrial Solutions Ltd
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 million) from Azim Premji ......
Manufacturing
Murugappa Group to pick up a larger controlling stake in CG Power
Murugappa Group company Tube Investments of India Ltd has proposed to inject more capital into fraud-hit CG Power & Industrial ......
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 the past many months due ......
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 the private ......
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, has sold a bulk ......
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 Solutions Ltd, a fraud-hit ......
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 at current exchange rate) from ......
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 appointed Arpwood Capital Pvt. ......
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 involvement in an insider trading ......
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 factories in Chennai ......
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