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Gautam Thapar

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

Finance

19 August, 2020

‘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 ......

Tube Investments to take control of KKR-backed CG Power

Manufacturing

07 August, 2020

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 ......

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

Manufacturing

17 March, 2020

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. ......

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

Manufacturing

13 March, 2020

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 ......

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

General

02 January, 2020

Grapevine: Apollo Global, Varde bow out of Altico race; Adani, NTPC eye Avantha plant

Apollo Global Management LLC and Varde Partners LP are no longer considering bidding for Altico Capital India Ltd, two people ......

SFIO initiates probe against fraud-hit CG Power

Manufacturing

11 December, 2019

SFIO initiates probe against fraud-hit CG Power

The Serious Fraud Investigation Office (SFIO) has initiated a probe against CG Power and Industrial Solutions Ltd and 15 group ......

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Tracing Advent and Temasek's returns from partial exit in Crompton Greaves Consumer

Manufacturing

04 December, 2019

Tracing Advent and Temasek's returns from partial exit in Crompton Greaves Consumer

US private equity firm Advent International and Singapore state investor Temasek Holdings have walked away with a bountiful harvest by ......

CG Power fraud: SEBI bars Gautam Thapar, 3 others from accessing securities markets

Finance

18 September, 2019

CG Power fraud: SEBI bars Gautam Thapar, 3 others from accessing securities markets

The Securities and Exchange Board of India (SEBI) has barred Gautam Thapar, who was sacked as the chairman of fraud-hit ......

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KKR takes direct stake in fraud-hit CG Power & Industrial

Manufacturing

16 September, 2019

KKR takes direct stake in fraud-hit CG Power & Industrial

Global private equity giant KKR & Co. has acquired a direct stake in CG Power & Industrial Solutions Ltd after ......

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 ......