Gautam Thapar

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

The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.

Aug 04, 2021, 12:31 PM IST

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

The accused had allegedly cheated SBI and other consortium member banks including Bank of Maharashtra, Axis bank, Yes Bank, Corporation Bank, Barclays Bank, IndusInd Bank etc. 

Jun 24, 2021, 21:54 PM IST

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.

Nov 24, 2014, 23:34 PM IST

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.

Nov 24, 2014, 17:10 PM IST