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04 Aug 2021

Avantha Group promoter Gautam Thapar arrested by ED in money laundering case

Enforcement Directorate has arrested Avantha Group promoter Gautam Thapar. He is been held in connection with a money laundering case. Thapar was arrested agency carried out raids against him and his linked businesses in Delhi and Mumbai.

24 Jun 2021

CBI books Gautam Thapar, top-brass of Crompton Greaves in Rs 2435 crore case

The allegations were based on a forensic audit report. Searches are being conducted today at the premises of the accused. This is a separate case against Gautam Thapar.

24 Nov 2014

Adani Power buys Avantha's 600 MW plant for Rs 4,200 crore

This is the second acquisition by Adani Group since it bought the Rs 1,200 MW coal-fired Udupi plant from the debt-laden Lanco Infra for Rs 6,000 crore in August.

24 Nov 2014

Adani Power shares up nearly 3% on Avantha deal

Shares of Adani Power Monday rose by nearly 3 percent after it entered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.

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