Search For "cg power and industrial solutions"
Delhi Court grants bail to senior official of Avantha Group in money laund
Updated : 1 year, 5 months ago IST
The Rouse Avenue Court in Delhi on Friday granted bail to Madhav Acharya, a senior official of the Avantha Group, in connection with a money laundering case. This case stems from a June 2021 FIR filed by the CBI against Gautam Thapar, his company CG Power and Industrial Solutions Ltd., and o
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CBI files chargesheet against pvt firm, ex-promoter, in bank fraud case
Updated : 3 years, 2 months ago IST
The CBI on Wednesday filed a chargesheet against Mumbai-based M/s CG Power and Industrial Solutions Ltd, a company manufacturing electrical equipment, and its promoters in an ongoing investigation of a case related to bank fraud of over Rs 2,000 crores.
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CG Power cancels Rs 411 crore royalty agreement with Avantha Holdings
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 29 (ANI): Crisis-ridden CG Power and Industrial Solutions has snapped its royalty agreement with Avantha Holdings Ltd (AHL).
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SEBI restrains CG Power's ex-Chairman Gautam Thapar from accessing securit
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 18 (ANI): Fraud-hit CG Power and Industrial Solutions said on Wednesday that the Securities and Exchange Board of India (SEBI) has debarred its ousted Chairman Gautam Thapar from accessing the capital market for several alleged irregularities, including dive
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CG Power now removes CFO V R Venkatesh after irregularities, fraud
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 31 (ANI): A day after CG Power and Industrial Solutions Ltd sacked its Chairman Gautam Thapar, the troubled company has removed V R Venkatesh as the Chief Financial Officer for irregularities and unauthorised transactions.
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Sensex falls by 383 points, Nifty closes at 10,948 as bank stocks underper
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): Benchmark indices extended early losses and lurched lower at the closing bell on Thursday as a gloomy outlook for the domestic economy and US-China trade war kept investors away from riskier equities.
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CG Power removes Gautam Thapar from chairman's post after irregularities
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 29 (ANI): The board of directors at crisis-ridden CG Power and Industrial Solutions Ltd on Thursday resolved to remove Gautam Thapar as its chairman with immediate effect.
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CG Power tanks another 20 pc, Yes Bank slips by 5 pc in early trade
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 21 (ANI): Shares of Gautam Thapar-promoted CG Power and Industrial Solutions Ltd dropped further by 20 per cent on Wednesday after being locked in 20 per cent lower circuit in Tuesday's session.
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CG Power shares plummet 20 pc as probe uncovers several irregularities
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 20 (ANI): Shares of CG Power and Industrial Solutions Ltd plummeted nearly 20 per cent on Tuesday after its Risk and Audit Committee raised red flags on five counts which were prejudicial to the company.
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CG Power bags contract for 400-MW wind farm in Saudi Arabia
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): CG Power and Industrial Solutions Ltd has bagged a contract valued at 12.5 million euros (about Rs 96 crore) for high-voltage substations that will connect the Dumat Al Jandal wind farm to the Saudi Arabian electricity transmission grid.
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