{"id":294895,"date":"2019-10-04T11:07:49","date_gmt":"2019-10-04T05:37:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294895"},"modified":"2019-10-04T11:07:49","modified_gmt":"2019-10-04T05:37:49","slug":"sunil-mittal-likely-to-pump-capital-into-cg-power-lead-turnaround-efforts","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sunil-mittal-likely-to-pump-capital-into-cg-power-lead-turnaround-efforts\/","title":{"rendered":"Sunil Mittal likely to pump capital into CG Power, lead turnaround efforts"},"content":{"rendered":"<p>Mumbai: Bharti Airtel promoter Sunil Mittal, who currently holds an 8% stake in CG Power and Industrial Solutions Ltd, is likely to infuse capital into the fraud hit company as he looks to lead efforts to turn around the company, said two people aware of the matter.<\/p>\n<p>Mittal held 8.3% in the company through an entity Bharti (SBM) Holdings Pvt. Ltd, as of 30 June.<\/p>\n<p>\u201cThe investor shareholders of the company and the management are in talks with Mittal, who has shown keen interest in reviving the company by bringing in fresh capital and helping the company meet its liquidity requirements,&#8221; said the first person cited above, requesting anonymity as the talks were private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Bharti Airtel promoter Sunil Mittal, who currently holds an 8% stake in CG Power and Industrial Solutions Ltd, is likely to infuse capital into the fraud hit company as he looks to lead efforts to turn around the company, said two people aware of the matter. Mittal held 8.3% in the company through an entity Bharti (SBM) Holdings Pvt. Ltd, as of 30 June. \u201cThe investor shareholders of the company and the management are in talks with Mittal, who has shown keen interest in reviving the company by bringing in fresh capital and helping the company meet its liquidity [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-294895","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294895"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294895\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}