CG Power board okays Rs 100 crore additional infusion by Tube Investment
NEW DELHI: The Board of CG Power and Industrial Solutions has approved the offer of additional investment of Rs 100 crore by Tube Investments. In a regulatory filing on Wednesday, CG Power said that it had received a letter dated August 30 from Tube Investments of India indicating their offer to infuse additional capital in […]
CG Power board sacks Gautam Thapar as its chairman with immediate effect
NEW DELHI: CG Power & Industrial Solutions on Thursday said its board has sacked Gautam Thapar as its chairman with immediate effect after an investigation that unearthed a multi-crore financial scam in the firm. “In cognizance of the current situation being faced by the company and the recent developments, including disclosures dated August 19, 2019, […]