Press Trust of India | Friday August 21, 2015
These shares are being issued on conversion of 546,916,000 step-up convertible Bonds of $1,000 each at a conversion price of Rs 15.46 per share, the company said in a regulatory filing.
Press Trust of India | Friday July 31, 2015
The company said its consolidated net Debt (excluding Foreign currency convertible bonds) was down to Rs 7,010 crore from Rs 14,821 crore as of 31st March 2015. It has also said that it has brought down interest cost down by 36 per cent quarter-on-quarter.
Friday June 12, 2015
The regulator will re-investigate the matter pertaining to Jayesh P Khandwala, proprietor of Zealous Trading Company, its role in IPOs of IDFC, Sasken and Suzlon, its alleged direct or indirect transactions, relations with other entities and the alleged gains made by him.
Wednesday May 13, 2015
ReNew Power is one of India's independent power producers (IPPs), with clean energy assets of more than 1,000 MW of commissioned and under-construction projects.
Saturday May 9, 2015
The Competition Commission of India (CCI) has cleared billionaire Dilip Shanghvi's proposed Rs 1,800-crore stake buy in wind turbine maker Suzlon Energy.
Press Trust of India | Wednesday February 18, 2015
The circuit limit for the indices Nifty and Sensex is now calculated on a daily basis instead of the earlier practice of quarterly basis.
Press Trust of India | Tuesday February 17, 2015
The auditors - S R Batliboi and Co LLP and SNK & Co - said in the review that these conditions along with other matters indicate the existence of a material uncertainty that may cast a significant doubt about the company's ability to continue as a going concern.
Press Trust of India | Monday February 16, 2015
The open offer price for 157.64 crore shares is Rs 18 per scrip, a total of about Rs 2,837.52 crore.
Monday February 16, 2015
The Nifty opened higher on Monday tracking positive Asian markets. Sentiment is likely to be positive as both foreign and domestic investors turned net buyers on Friday. Trading activity also increased on Friday as compared to Thursday indicating growing interest in domestic markets.
Press Trust of India | Saturday February 14, 2015
Its total income declined marginally to Rs 4,977.18 crore during the October-December quarter as against Rs 5,052.2 crore in the third quarter of FY14.
Friday February 13, 2015
The Nifty is likely to open higher on Friday tracking positive global market. A higher close today will extend the winning streak to four days instilling confidence in investors after the reverses of last week. Foreign investors continued to be net seller of Indian equities. They sold a net of Rs 406 crore in the cash market yesterday; domestic inv...
Wednesday September 24, 2014
Including today's fall, shares of India's largest wind power company have fallen over 30 per cent in last four trading sessions after fresh equity shares following the conversion of the company's foreign currency convertible bonds (FCCBs) began to trade from Friday, September 19, 2014.
Sunday July 20, 2014
Suzlon Energy, India's top wind-turbine supplier, is looking to set up a manufacturing plant in Brazil and make the nation a hub for exporting to Latin American countries, its chairman Tulsi Tanti said.
Tuesday July 15, 2014
BRICS nations need to encourage technological collaborations that would help provide cost effective solutions to address the group's social and economic challenges, Suzlon Energy chief Tulsi Tanti has said.
Thursday June 19, 2014
"Suzlon today announced that it has received the Notice to Proceed (NTP) from CLP India for a 100.8 MW wind power project," the company said in a statement. The notice to proceed was given to Suzlon after CLP India received the approval from the Rajasthan government to commence work on the project.
Friday June 13, 2014
India Inc in its first meeting with Finance Minister Arun Jaitley on Friday pitched for a conducive tax environment and a bold statement of economic reforms in the forthcoming Budget with a view to revive investor sentiment and promote growth.
Thursday June 5, 2014
Over the last three days, the Nifty has risen 2.3 per cent, but the CNX midcap index has gone up by 4.7 per cent. Suzlon, IDBI Bank, Crompton Greaves, Max India, Orbit Corp, Jain Irrigation, Union Bank and IVRCL are among stocks that have seen sharp run up.
Wednesday May 21, 2014
India is expected to see strong governance and an environment for huge investments under the Narendra Modi-led government at the Centre, Suzlon Energy chief Tulsi Tanti has said.
Wednesday December 11, 2013
Wind turbine maker Suzlon Energy today said its subsidiary REpower Systems SE has bagged orders for setting up windfarms totalling a capacity of 266 MW in Germany
Tuesday August 6, 2013
Drug firm Sanofi India said on Monday that it has inked a pact with Suzlon Energy for a 2.1 megawatt windmill installation, to generate renewable power for captive consumption at its Ankleshwar manufacturing site.
Sunday April 14, 2013
As the cost of rupee funds remains too high, 11 companies have raised a record $7.5 billion in foreign debt this year via bonds, which is 75 per cent of what India Inc had mopped up in the entire 2012.
Tuesday March 12, 2013
Tata Consultancy Services, India's biggest IT outsourcer, is likely to be the biggest beneficiary on account of the re-balancing of the FTSE global indices on the London Stock Exchange. The re-balancing will be effective from March 18, 2013.
Friday March 8, 2013
Steel pipe maker PSL Ltd is in talks with lenders including State Bank of India and ICICI Bank to restructure its Rs 45 billion debt, a company official told Reuters.
Friday February 15, 2013
The BSE Sensex extended weakness on Friday, while the 50-share Nifty traded below the key 5,900 mark. Indian stock markets tracked weak trade in Asia even as weak earnings in blue chips weighed on sentiments.