Karnataka gets Rs.5-trillion worth investment proposals (Lead)
June 7th, 2012 - 9:29 pm ICT by IANS
Bangalore, June 7 (IANS) About 600 global and Indian firms Thursday committed to invest a whopping Rs.5 trillion (Rs.5 lakh crore) in the state across 14 sectors on the first ... Read more...
Posted in Business |
Business as usual for Indian companies in Maldives
February 12th, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 12 (IANS) It is business as usual for Indian companies and the economic interests of India are safe in the Maldives, wracked by political tumult and violence ... Read more...
Posted in Business |
Suzlon to develop 3,000 MW of wind energy in Andra Pradesh
January 16th, 2012 - 5:40 pm ICT by IANS
Mumbai, Jan 16 (IANS) India's largest wind turbine manufacturer Suzlon Energy will develop 3,000 MW in Andra Pradesh by 2016 with a potential investment of Rs.18,000 crore.The company signed a ... Read more...
Posted in Business |
CBI files charge-sheets in housing loan scam
October 4th, 2011 - 10:14 pm ICT by IANS
Mumbai, Oct 4 (IANS) The Central Bureau of Investigation has filed charge-sheets before a special court in bribery cases, totalling to nearly Rs.10 million, against top former bank and insurance ... Read more...
Posted in Business |
Palakkad adivasis to share profits of wind power firm
August 24th, 2011 - 6:54 pm ICT by IANS
Thiruvananthapuram, Aug 24 (IANS) The Oommen Chandy government in Kerala has decided to give a portion of multinational Suzlon's profits to the adivasis of Palakkad district on whose lands the ... Read more...
Posted in Uncategorized |
Suzlon signs wind power deal worth $1.28 bn
January 28th, 2011 - 2:49 pm ICT by IANS
Mumbai, Jan 28 (IANS) The country's largest wind power turbine manufacturer Suzlon Energy Ltd Friday said it had signed a $1.28 billion deal for building 1,000 MW of wind power projects to ... Read more...
Posted in Business |
Sterling Agro buys wind energy equipment from Suzlon
January 15th, 2011 - 9:09 pm ICT by IANS
New Delhi, Jan 15 (IANS) Sterling Agro Industries has placed an order with Suzlon to buy wind energy equipment that will raise its renewable energy production capacity to 18.55 mega watt (MW). ... Read more...
Posted in Business |
Loan scam: CBI expands probe, serves notices on 21 companies
November 25th, 2010 - 8:53 pm ICT by ANI
New Delhi, Nov.25 (ANI): The Central Bureau of Investigation (CBI) on Thursday served notices on 21 companies that had allegedly received loans from Indian public sector banks and financial institutions, a day ... Read more...
Posted in National |
Loan scam: CBI serves notice on 17 companies
November 25th, 2010 - 7:52 pm ICT by ANI
New Delhi, Nov.25 (ANI): The Central Bureau of Investigation (CBI) on Thursday served notices on 17 companies that had allegedly received loans from Indian public sector banks and financial institutions, a day ... Read more...
Posted in Feature |
Suzlon bags contract for 30 mw wind turbine in Rajasthan
September 3rd, 2010 - 5:50 pm ICT by IANS
New Delhi, Sep 3 (IANS) The country's largest wind turbine manufacturer Suzlon Energy Friday said it has won a 30 MW wind turbine order from Bhubaneswar-based mineral developer Altrade Group.
Suzlon said it ... Read more...
Posted in Business |
India ninth most attractive investment destination: UN agency
July 23rd, 2010 - 12:48 am ICT by IANS
New Delhi, July 22 (IANS) India climbed four notches to be ranked the ninth most attractive investment destination in 2009 with a total foreign direct investment inflow of $34.61 billion, a UN ... Read more...
Posted in Business |
Africa is destination next for India Inc (Comment)
March 28th, 2010 - 10:16 am ICT by IANS
By Sushma Ramachandran
The move by India's top telecom player Bharti Airtel to acquire the African assets of Kuwait's Zain marks the biggest foray of a domestic company into the continent. The landmark ... Read more...
Posted in Business |
Over 350 job offers for IIM-Lucknow students
March 12th, 2010 - 4:10 pm ICT by IANS
Lucknow, March 12 (IANS) The Indian Institute of Management Lucknow (IIM-L) Friday completed its final placements with a total of 370 job offers for 315 students, the largest ever graduating batch ... Read more...
Posted in Business |
Maldives banking on India Inc for infrastructure projects
January 23rd, 2010 - 5:48 pm ICT by IANS
Chennai, Jan 23 (IANS) A host of Indian companies are investing in the Maldives, as this South Asian paradise for tourists is wooing investments in a wide variety of sectors from infrastructure ... Read more...
Posted in Business |
Suzlon repays $780 mn of acquisition loans
December 18th, 2009 - 2:22 pm ICT by IANS
Mumbai, Dec 18 (IANS) Wind energy major Suzlon Friday said it had paid back $780 million in loans it took to acquire the Belgium-based Hansen Transmissions International, thus reducing the debt ... Read more...
Posted in Business |
Suzlon bags order from Turkish firm
October 6th, 2009 - 7:23 pm ICT by IANS
Mumbai, Oct 6 (IANS) Wind turbine manufacturer Suzlon Energy Tuesday said it has bagged an order from Turkey-based Ayen Enerji to supply and install 27 turbines.
The turbines, which will have a combined ... Read more...
Posted in Business |
Suzlon posts net loss of Rs.160 crore in first quarter
August 1st, 2009 - 2:34 pm ICT by IANS
Mumbai, Aug 1 (IANS) Wind power major Suzlon posted a net loss of Rs.160.47 crore for the quarter ended June 30, compared to a net profit of Rs.88.04 crore in the same ... Read more...
Posted in Business |
Hindalco to raise $500 mn, net up 79 percent
July 31st, 2009 - 9:47 pm ICT by IANS
Mumbai, July 31 (IANS) Aluminium maker Hindalco Industries plans to raise $500 million (around Rs.2,400 crore) through issue of securities, including global depository receipts (GDRs), in both international and domestic markets.
"In ... Read more...
Posted in Business |
Foreign investor interest in Indian firms rising
July 21st, 2009 - 5:18 pm ICT by IANS
New Delhi, July 21 (IANS) Three Indian companies have raised over $2 billion in two weeks through the depository receipt route, strengthening belief that foreign investors are once again looking at Indian ... Read more...
Posted in Business |
Suzlon to raise $200 mn from overseas
July 21st, 2009 - 3:37 pm ICT by IANS
Mumbai, July 21 (IANS) Wind energy major Suzlon will raise $201.91 million by issuing global depository receipts (GDR) and zero coupon convertible bonds, the company said Tuesday.
In a statement, Suzlon said it ... Read more...
Posted in Business |
Suzlon posts Rs.4.69 billion loss
June 29th, 2009 - 12:31 pm ICT by IANS
Mumbai, June 29 (IANS) Wind energy major Suzlon posted a net loss of Rs.4.69 billion in the last fiscal compared to a profit of Rs.12.65 billion in the previous fiscal, the company ... Read more...
Posted in Business |
Suzlon raises stake in Germany’s REpower
June 6th, 2009 - 5:49 pm ICT by IANS
Mumbai, June 6 (IANS) Wind turbine maker Suzlon Energy has raised its stake in Germany-based REpower Systems AG to 90.72 percent by acquiring Martifer Group's 14.4 percent stake in the company, it ... Read more...
Posted in Business |
Suzlon’s Gujarat wind power plant to be ready in September
May 26th, 2009 - 9:17 pm ICT by IANS
Gandhinagar, May 26 (IANS) A 52 MW wind power plant that Suzlon Energy is executing for Gujarat State Petroleum Corp (GSPC) in Gujarat will be commissioned in September, a state government official ... Read more...
Posted in Business |
Suzlon picks up Areva’s stake in REpower
June 6th, 2008 - 1:41 pm ICT by IANS
Mumbai, June 6 (IANS) Leading wind power equipment manufacturer Suzlon Energy has acquired France-based Areva's 30 percent stake in German wind turbine maker REpower Systems. This acquisition will consolidate the company's total ... Read more...
Posted in Environment |
Indian turbine supplier recalls cracked windmill blades
April 18th, 2008 - 10:56 pm ICT by admin
New York, April 18, (IANS) Indian industrialist Tulsi Tanti-led Suzlon Energy, the world's fifth largest wind turbine supplier, has withdrawn most of the blades it sold in the US market after company's ... Read more...
Posted in Business |
Stock market opens with sharp drop, slips over 400 points
March 13th, 2008 - 12:53 pm ICT by admin
Mumbai, March 13 (IANS) The Indian equities market Thursday opened with a sharp cut in line with its global peers. There was heavy selling by investors in key sectors during early trade. ... Read more...
Posted in Business |
Indian wind energy firm wins major German order
February 22nd, 2008 - 12:19 am ICT by admin
DPA
Hamburg, Feb 21 (DPA) A European unit of Indian wind energy company Suzlon said Thursday it had won a key German order, estimated by industry observers to be worth 2 billion euros ... Read more...
Posted in World |