Tube Investments strikes gold with CG Power and Vistara puzzle in Tatas’ AI deal

Furquan here. I hope the year has begun well for you. It surely has for Tube Investments. Just take a look at how its fortunes have soared with the acquisition of CG Power. But there’s a question mark. Just like the one hovering over Vistara, which got a new CEO on 1 January. Read on. 

Fortune favours the brave

A stroke of luck or a well-planned strategy. One doesn’t know what led Tube Investments of India Limited—part of the Chennai-based Murugappa Group—to acquire CG Power in 2020, but the company has surely struck gold. 

CG Power’s lenders, including State Bank …


Prince M. Thomas

Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.

Managing Editor



Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

Editor, Banking