An Indian lender has approved Suzlon Energy‘s intention to convert some of its debt of around Rs 4,100 crore into equity. Following the dilution, creditors’ ownership would increase to 35Continue Reading
Debt-laden, Suzlon Energy has finally received two critical lifelines from its lenders and bondholders. Multiple banks, led by India’s largest — State Bank of India — approved a plan toContinue Reading
Suzlon Energy Ltd has found a new suitor even as a rescue plan of Canada’s Brookfield Asset Management Inc. faltered, said Tulsi Tanti, the founder and chairman of the financially-troubled windContinue Reading
For years, Suzlon Energy had been flirting with financial turmoil and recently the company witnessed a rather unfortunate milestone which could define the company’s future. As several market analysts hadContinue Reading
Shares of Suzlon Energy have more than doubled from its 52-week low, touched in February 2019. Suzlon Energy has rallied 26 per cent to Rs 7.52 apiece on Tuesday onContinue Reading
Sebi today slapped a fine of more than Rs 1 crore on wind turbine maker Suzlon Energy for violating listing agreement norms. A total fine of Rs 1.1 crore, includingContinue Reading
Shares of renewable energy solution provider Suzlon Energy today zoomed 14 per cent after the company posted consolidated net profit of Rs 47.84 crore for the quarter ended June. TheContinue Reading
Suzlon Group, India’s renewable energy behemoth, has received its second order for the 3 MW product series, signing a contract with Juniper Green Energy Private Limited for a 69.3 MWContinue Reading
