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Essel Group signs pact with German firms

Last Updated: Wednesday, April 15, 2015, 17:00

The Essel Group Wednesday announced entering into technology transfer pacts with three leading German firms.

IPOs worth Rs 5,000 cr held up due to tepid retail investor mood

Last Updated: Tuesday, April 14, 2015, 17:11

At least 11 companies, planning to mop-up over Rs 5,000 crore through IPOs, are yet to hit the capital market amid lukewarm demand from retail investors despite positive market trend.

Inox Wind marks splendid debut; shares soar 35.5%

Last Updated: Thursday, April 9, 2015, 18:34

Integrated wind energy firm Inox Wind made a splendid debut on the bourses Thursday, surging by 35.5 percent over the issue price of Rs 325 a share.

Suzlon to allot 16.9 crore shares to bond holders

Last Updated: Wednesday, March 25, 2015, 21:24

Wind turbine maker Suzlon Energy today said it will allot over 16.88 crore shares to bondholders upon conversion of some bonds that are due in July 2019.

Inox Wind IPO subscribed 18 times

Last Updated: Friday, March 20, 2015, 19:22

The initial public offer of Inox Wind, an integrated wind energy firm, saw a subscription of over 18 times on the last day of the share sale on Friday.

Siemens signs `4 bn euro` power deal with Egypt: company

Last Updated: Saturday, March 14, 2015, 22:23

German conglomerate Siemens has signed a "four billion euro" power deal with Egypt, a company spokesperson said on Saturday.

Inox Wind's Rs 700-crore IPO to hit market on March 18

Last Updated: Wednesday, March 11, 2015, 19:17

Wind power solutions provider Inox Wind is hitting the capital market next week to raise up to Rs 700 crore through an initial public offering (IPO) to fund expansion and meet other requirements.

Suzlon commissions 350 MW wind energy projects in Brazil

Last Updated: Tuesday, February 24, 2015, 14:57

Suzlon Group, wind turbine maker, on Tuesday said it has commissioned wind energy projects having a total capacity of 350 MW in Brazil.

Suzlon's Q3 net loss widens to Rs 6,538.68 crore

Last Updated: Saturday, February 14, 2015, 16:16

Debt-laden wind turbine maker Suzlon today reported a widening of consolidated net loss at Rs 6,538.68 crore for the third quarter ended December 2014 on the back of sale of its overseas subsidiary Senvion.

Suzlon Energy to sell German unit for $1.16 billion

Last Updated: Thursday, January 22, 2015, 10:17

Wind turbine maker Suzlon Energy Ltd said it had agreed to sell its German unit Senvion SE to Centerbridge Partners LP for 1 billion euros ($1.16 billion) in an all-cash deal that will help the group reduce its debt.

Nalco to add 100 MW wind power capacity at a cost of Rs 700 crore

Last Updated: Sunday, January 18, 2015, 16:46

State-owned aluminium maker Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of Rs 700 crore, a top company official said.

Suzlon shares soar 16% on Senvion sale rumours; co denies

Last Updated: Wednesday, January 7, 2015, 21:23

Suzlon Energy shares Wednesday surged over 16 percent amid reports that the company is looking to sell its German subsidiary Senvion even as the wind turbine maker termed them as "false and speculative".