Suzlon

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.

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.

Suzlon to raise $400 mn by selling non-core assets

World's fifth largest wind turbine- maker Suzlon Energy is planning to raise up to $400 million by selling 15 of its non-core assets in a bid to partly retire the huge debt pile of nearly Rs 14,600 crore, a top company official has said.