Chennai-based Murugappa Group on Thursday took over scam-hit CG Power and Industrial Solutions, infusing Rs 700 crore into the company and appointing directors on its board.
Fighting a boardroom battle at multi-billion dollar Murugappa Group previously headed by her late father, US-settled nuclear scientist Valli Arunachalam on Thursday said she would be forced to take legal recourse if an amicable settlement is not reached soon, and alleged that she is being denied a board seat just because of being a woman.
Chennai: Market regulator SEBI on Thursday charged A.Vellayan, chairman of Murugappa group and three other persons for insider trading.The Securities and Exchange Board of India (SEBI) in an order said Vellayan also the chairman of
New Delhi: As many as 313 companies listed on the National Stock Exchange have not inducted a woman director as required by the Companies Act till Monday evening - a day before the deadline of
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