Murugappa Group
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January 18, 2021, Monday
Cholamandalam Investment MD Arun Alagappan quits, to step down on Feb 14
Will assume larger responsibilities within the Group, say Sources
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December 28, 2020, Monday
Murugappa Group signs agreement for settling CG Power's dues, loan recast
Says CG Power's resolution of outstanding obligation towards its lenders has been completed by upfront payment of Rs 650 crore to ...
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December 19, 2020, Saturday
Tube Investments increases stake in CG Power after preferential allotment
Initially, TII invested around Rs 700 crore to acquire 51% stake in the scam-hit CG Power and Industrial Solutions
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December 17, 2020, Thursday
Tube Investments looks to reduce dependence on automobile industry
With the largest acquisition in its history, the Murugappa flagship is looking to reduce its dependence on the automobile ...
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December 08, 2020, Tuesday
Dismantling Murugappa Advisory Board not in investor interest: Arunachalam
She says she learnt about the development from media reports, not from the family
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November 24, 2020, Tuesday
Murugappa Group revamp: 20-yr-old corporate advisory board to be disbanded
Instead of the board, which was managed by a family member and five outsiders, the group and individual companies will now be led ...
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November 22, 2020, Sunday
CG Power lenders agree for loan recast, pave way for Murugappa takeover
CG Power and Murugappa Group firm Tube Investments of India Ltd, said lenders have accepted one-time settlement and restructuring ...
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October 28, 2020, Wednesday
Carborundum Universal Q2 profit up 34% to Rs 86.4 cr, sales rise 1%
Revenue from abrasives for the quarter was flat at Rs 259 crore at both, the consolidated and the standalone levels
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October 08, 2020, Thursday
Top headlines: LVB gets non-binding offer from Clix, Future Group vs Amazon
From Lakhsmi Vilas Bank getting non-binding offer from Clix to India's richest getting richer amid lockdown, Business Standard ...
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October 08, 2020, Thursday
Valli Arunachalam issues legal notice to Murugappa family members, others
The development comes after the shareholders of AIL voted against the induction of Arunachalam into its board
