Murugappa Group

Murugappa Group News

Vellayan quits as Murugappa Group chairman on insider trading charges

Sebi also named V Karuppiah, C Gopalakrishnan and AR Murugappan as other suspects in the insider trading case.

Millers demand 40% import duty on sugar

Brazilian production starts from March and India needs to export at least 1.5 MT of sugar before that.


Cholamandalam Investment reports 95.9 pc growth in Q2 profit

Cholamandalam Investment reported a consolidated net profit of Rs 69.18 crore.

EID Parry net profit down 15%

Sugar manufacturer EID Parry today reported a 15 per cent decline in its consolidated net profit.

Coromandel's Q2 net profit declines 16%

Fertiliser major Coromandel International today reported a 16% decline in its consolidated.

Tube Invest may buy Shanti Gears stake

USD 4.4 bn business conglomerate Murugappa Group plans to acquire 44.1 per cent stake.


Wendt India reports dip in Q3 net profit

Wendt India is a part of the USD 3.8 billion Murugappa Group.

GMR Ind soars 9 pc on BSE

The EID Parry acquisition plan added wings to the stock price.

EID Parry to buy stake in GMR Ind

Sugar major EID Parry today announced acquiring a majority stake in GMR Industries,the agri-business arm of Hyderabad-based GMR Group,with purchase of minimum 65 per cent equity,currently worth Rs 145 crore.

Indian takeover norms not conducive for us: DBS Bank

Singapore-based DBS Bank is keen on entering into joint ventures with Indian non-banking finance companies,but not for any acquisition due to regulatory bottlenecks,said a top official here.