Tag: Murugappa group

MCA moves NCLT against former management of CG Power

The Ministry of Corporate Affairs (MCA) has approached the Mumbai bench of the National Company Law Tribunal (NCLT) against the erstwhile management Avantha Group-owned CG...

CG Power lenders agree for loan restructuring, pave way for Murugappa takeover

NEW DELHI: Lenders to CG Power and Industrial Solutions have agreed to a one-time loan restructuring to pave way for the Chennai-based Murugappa Group taking...

Daughters are special, and now they are equal too: Valli Arunachalam on SC judgement

Valli Arunachalam, who has been battling with Murugappa Group against alleged gender bias, welcomed the recent Supreme Court judgement clarifying the 2005 amendment to the...

Lenders of CG Power negotiate with Murugappa Group to further raise the bid amount

Lenders to CG Power are negotiating with the Chennai-based Murugappa Group to up the bid to about Rs 1,000 crore, three people aware of the...