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.
Friday February 1, 2013
The BSE Sensex firmed after muted opening on Friday. It traded 65 points or 0.33 per cent higher at 19,960 while the broader Nifty broke above the 6,050 mark gaining 16 points as of 09.40 a.m.
Thursday January 31, 2013
Shares in Suzlon Energy, world's fifth-largest wind turbine supplier, surged over 10 per cent on Thursday, extending a winning streak that has seen the stock gain nearly 30 per cent over the last week. Suzlon also witnessed unusual volumes with nearl...
Wednesday January 30, 2013
Market regulator Sebi has disposed of proceedings against wind turbine maker Suzlon Energy, its chairman Tulsi Tanti and four other executives after they together paid Rs 12 lakh to settle charges related to alleged delay in amending insider trading ...
Tuesday November 27, 2012
Wind turbine maker Suzlon Energy Ltd, which last month defaulted on a $200 million convertible bond redemption, has been admitted to India's corporate debt restructuring process, sources with direct knowledge of the situation said on Tuesday.
Thursday October 11, 2012
Shares in India's Suzlon Energy fell as much as 5 per cent on Thursday after the bondholders of the world's fifth-largest maker of wind turbines rejected a proposal to extend the maturity of its overseas convertible bonds by four months.
Tuesday August 14, 2012
A below-average monsoon, which is vital for over half of India's farmland, is pushing up food prices which along with fuel makes up over a third of the wholesale price index. Persistently high inflation has kept the RBI from lowering its interest rat...
Monday August 13, 2012
Tata Steel and Coal India closed lower ahead of reporting Q1 earnings. SBI rebounded to end with 1% gains.
Wednesday July 25, 2012
Suzlon has signed a 18-month loan facility with 11 lenders, including ICICI Bank and State Bank of India.
Monday June 25, 2012
Suzlon has sold its Chinese manufacturing subsidiary for Rs 340 crore to bring down long-term debt.
Tuesday June 12, 2012
Deal closures are slower in the June quarter against expectations, Wipro said in an analyst meet.
Thursday May 31, 2012
MSCI had announced the addition of Cairn India, Bank of Baroda and Godrej Consumer to its global indices.
Varun Sinha | Monday May 28, 2012
SBI and BHEL were the top Nifty gainers. Car manufacturer Maruti closed lower for the 5th straight day.
Varun Sinha | Monday May 28, 2012
RCom gained on strong quarterly numbers while Suzlon fell on rising interest payout on debt.
Wednesday May 16, 2012
MSCI has added Cairn India, Bank of Baroda and Godrej Consumer Products to its global indices, while deleting Suzlon Energy.
Monday May 14, 2012
The slump in the share price of these companies indicates that investors are concerned about the ability of these companies to meet their financial obligations.