ICICI Bank: Some borrowers get debt recast done by Chanda Kochhar's brother-in-law's firm Avista
ICICI Bank on its part denied any conflict, saying it had not hired Avista Advisory Group run by Rajiv Kochhar, brother of Chanda Kochhar's husband Deepak, and did not pay any fee.
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".
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.
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.
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
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
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.
Vibrant Gujarat 2015: Companies pledge to invest Rs 25 lakh cr
Corporates from India and abroad pledged to invest an astonishing Rs 25 lakh crore and signed 21,000 MoUs at the Vibrant Gujarat Summit
Suzlon group wins Rs 420 cr order in UK
Suzlon Group firm Senvion SE has bagged orders worth over Rs 420 crore for setting up wind power projects having nearly 64 MW capacity in the UK.
Insider trading: Just tweaking rules won't help, Sebi needs to knock a few heads
Sebi's problem so far has not been in proving that the accused was an insider but in proving that the accused knowingly used the unpublished price sensitive information to his or her advantage advantage.
Suzlon bags contracts for wind power projects worth Rs 1,200 cr
Suzlon Group has bagged contracts for wind power projects having total capacity of 150 MW, estimated to be worth about Rs 1,200 crore.
Suzlon takes a beating, slumps to record low as Q4 loss widens
Suzlon posted a net loss of Rs 1,910 crore in the March quarter, compared to a loss of Rs 300 crore a year ago, in results out late on Thursday.
Sensex opens in red tracking global cues; Gold loan cos down
The Indian equity markets took a plunge and opened in the red on global cues and ahead of March inflation data due to be released later today.
Rate cut hopes fail to enthuse mkts, Nifty below 5900
Indian markets opened negative this morning despite January inflation cooling to a three-year low as sentiment among investors seems to have dipped
Markets close in red on profit sales; Jet up 4% on Etihad deal
The Sensex closed at 19898.94, down 0.53 percent and the Nifty closed at 6034.75 , down 0.35 percent.
Markets close with gains; Bharti Infratel tanks 13% in debut
Equity markets closed with gains for the week amid general bullishness hoping for positive start to the new year.
Markets up in thin volumes; oil cos rise on fuel price hike news
The Indian equity markets held ground on general bullish sentiment even as global equities were downbeat on US fiscal cliff concerns.
Suzlon's Rs 11,000 cr debt restructuring will only buy it time
The deal gives it breathing room to fund its operations.But it does not ease its net debt, which stood at about Rs 13000 cr at the group level at the end of June, and does not apply to its overseas bonds.
Suzlon surges 9% after co admits to debt restructure process
Shares of Wind turbine maker Suzlon Energy surged 9 percent after the company has admitted to debt restructuring process.