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.

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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.

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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.

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