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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 ......

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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 ......

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 ......

Crompton Greaves scraps deal to sell overseas power biz to First Reserve

Infrastructure

07 December, 2016

Crompton Greaves scraps deal to sell overseas power biz to First Reserve

Electrical equipment maker Crompton Greaves Ltd said on Wednesday it has terminated a pact to sell its international power business ......

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Manufacturing

07 November, 2016

Crompton Greaves to sell B2B automation biz to Saudi Arabia's Alfanar

Electrical equipment maker Crompton Greaves Ltd said on Monday it will sell its business-to-business automation business to Saudi Arabia’s Alfanar ......

JK Paper bids to buy two units of Bilt

Manufacturing

05 July, 2016

JK Paper bids to buy two units of Bilt

Avantha Group firm Ballarpur Industries Ltd (Bilt), the country's largest paper company, said on Tuesday that it has received a ......

Crompton Greaves rejects offer for overseas power unit; shuffles management

Manufacturing

04 February, 2016

Crompton Greaves rejects offer for overseas power unit; shuffles management

Electrical equipment maker Crompton Greaves Ltd said on Thursday it has turned down an offer to sell its international power ......