Rs 2,435-crore bank fraud case: CBI books ex-Crompton Greaves chairman, others
NEW DELHI: The CBI on Thursday carried out searches at six locations after registering a fresh case of fraud of Rs 2,435 crore in Yes Bank and other consortium banks against former CG Power and Industrial Solutions chairman Gautam Thapar who is already under probe in more such cases, officials said. CG Power and Industrial […]
Lenders of CG Power approve loan restructuring
NEW DELHI: The lenders of CG Power and Industrial Solutions have approved a one-time restructuring of loans to the company, paving the way for its acquisition by Murugappa Group-led Tube Investments of India. In a regulatory filing, CG Power said: “The company, TI (Tube Investments) and the lenders have now executed the requisite binding agreements […]