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Sebi impounds Rs 15 cr from Sharekhan, others for front-running

Jul 31, 2015

Sebi impounds Rs 15 cr from Sharekhan, others for front-running

The order comes a day after French giant BNP Paribas announced acquisition of home-grown brokerage firm Sharekhan in an estimated Rs 2,000 crore deal. #Jet Airways #NewsTracker #SEBI #ICICI Bank #DLF #BNP Paribas #Suzlon Energy #Cairn India #Sharekhan #Idea Celluar
Suzlon surges 7% on buzz of investment from Sun Pharma's Shanghvi family

Feb 24, 2015

Suzlon surges 7% on buzz of investment from Sun Pharma's Shanghvi family

As per reports, Dilip Shanghvi will provide as much as Rs 38 billion ($610 million) of security for Suzlon Energy Ltd to help the maker of wind turbines fill orders and return to profit. #Sensex #Sun Pharma #BSE #CompanyWatch #Suzlon Energy #Dilip Shanghvi
Concerned over Suzlon's financial health, say auditors

Feb 17, 2015

Concerned over Suzlon's financial health, say auditors

The auditors of wind turbine maker Suzlon have expressed concern over the company's financial health as it faces liquidity issues and is yet to make payments to its lenders and vendors. #wind turbine #Suzlon Energy #Tulsi Tanti #senvion #SR Batliboi #SNK & Co #Dilip Shanghvi Family
PM Modi seeks innovation in renewable energy sector to make it affordable

Feb 15, 2015

PM Modi seeks innovation in renewable energy sector to make it affordable

The prime minister asserted that India's stress on renewable energy is not aimed at "impressing the world, but to meet our own people's energy requirements". #Economy #Barack Obama #coal #Narendra Modi #NTPC #Suzlon #TheySaidIt #Solar power #Reliance Power #Renewable energy #wind energy #Piyush Goyal #fossil fuels #Make In India #RE-Invest
Confirmed: Dilip Shanghvi to buy 23% in Suzlon for Rs 1800 crore

Feb 14, 2015

Confirmed: Dilip Shanghvi to buy 23% in Suzlon for Rs 1800 crore

Shanghvi, India's second-richest man, will pay Rs 1,800 crore through Dilip Shanghvi Family and Associates (DSA) for 100 crore new shares in Suzlon, issued by way of a preferential allotment. #DealStream #Sun Pharma #Suzlon #wind energy #Dilip Shanghvi
Sun Pharma's Dilip Shanghvi may enter wind energy biz with a stake in Suzlon

Feb 13, 2015

Sun Pharma's Dilip Shanghvi may enter wind energy biz with a stake in Suzlon

Dilip Shanghvi, promoter and managing director of Sun Pharmaceutical Industries and is ranked as the second richest Indian, with a net worth of about $18 billion, is reportedly in talks with Tulsi Tantia's Suzlon Energy to acquire a stake in the debt-laden wind turbine maker. #Sun Pharma #Suzlon #Sudhir Valia #Dilip Shanghvi #Tulsi Tantia #PV Powertech
After Suzlon sale, more distress sales coming as banks toughen stand on dues

Jan 23, 2015

After Suzlon sale, more distress sales coming as banks toughen stand on dues

Selling non-core assets to clean-up the balance sheets, will be a win-win situation for both banks and the companies #State Bank of India #Suzlon #Bhushan Steel #bad loans #non performing assets #Banking sector #asset sale #senvion
Caught in debt trap, Suzlon sells Senvion for $1.2 bn

Jan 22, 2015

Caught in debt trap, Suzlon sells Senvion for $1.2 bn

Suzlon chairman Tulsi Tanti said the sale was at a "minor loss" but the proceeds from the deal will help reduce borrowings, cut interest burden and free up more capital for projects to help it return to profitability next fiscal. #Business #CompanyWatch #Suzlon Energy #Areva #Tulsi Tanti #senvion #REpower Systems AG #Centerbridge Partners
Suzlon to sell off German unit Senivon for $1 bn in all-cash deal

Jan 22, 2015

Suzlon to sell off German unit Senivon for $1 bn in all-cash deal

Wind turbine manufacturer Suzlon has agreed to sell its German unit Senvion SE to Centerbridge Partners LP for 1 billion euros (72 billion rupees) in an all-cash dea #Suzlon #CompanyWatch #stake sale #Sale #senvion #Centrebridge
SAT asks Sebi to pass fresh order against individual in 2005 IPO scam

Jan 15, 2015

SAT asks Sebi to pass fresh order against individual in 2005 IPO scam

Setting aside Sebi order against an individual in the case related to infamous IPO scam of 2003-05, the SAT today asked the market regulator to look afresh at the matter, maintaining that the accused can't be allowed to go scot-free. #SEBI #Suzlon #IDFC #TheySaidIt #Yes Bank #SAT #IL&FS #IPO Scam #Purshottam Budhwani