Thursday, August 29, 2019

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny

CG Power board sacks chairman Gautam Thapar; lists transactions under scrutiny The internal investigation launched by the board had unearthed several multi-crore fraudulent transactions that point towards alleged fund diversion, mismanagement, unauthorized advances and corporate guarantees to promoter affiliate companies and connected parties.

from Moneycontrol Business News https://ift.tt/2L61wj7

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IREDA shares rise 1.1% as board announces meeting date for fund raise via QIP

IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutio...