Finance

surana

BSE, NSE release withheld pay-outs in Surana Solar trades

Top stock exchanges BSE and NSE have allowed brokers to release the payouts relating to certain trades in shares of Surana Solar which were earlier withheld pending an investigation. The payouts have been released following … More →

surana

Indian solar firm drops after star investor denies buying stake

Shares in India’s Surana Solar Ltd dropped 13.6 per cent on Wednesday, more than reversing steep early gains, after widely-followed investor Rakesh Jhunjhunwala denied exchange data showing he had bought the stock. Earlier, the shares … More →

Inox Wind

Inox well placed to ride the rally in wind sector; we see 20% upside in 1 year: BofA-ML

BofA-ML, in its latest report, has initiated coverage on Inox Wind (IWL) with a buy rating and a target price of Rs 562, which translates into an upside of 20 per cent from Friday’s closing price of … More →

Techno Electric & Engineering Company

Techno Electric jumps after subsidiary sells wind power assets

Techno Electric & Engineering Company rose 4.20% to Rs 406.80 at 13:07 IST on BSE after the company said its subsidiary sold wind power assets in Tamil Nadu for Rs 215 crore. The announcement was … More →

mytrah energy

Mytrah Energy raises $ 60 million through NCDs

Mytrah Energy Ltd, an independent power producer focussing on wind power generation projects, has raised $60 million of new capital in the form of a non-convertible debenture. Together with the cash flow from its existing … More →

Suzlon (2)

Suzlon to sell SE Forge, other assets

Tulsi Tanti-led Suzlon Group plans to raise Rs 2,500 crore by selling its Vadodra-based forging unit, SE Forge, and other assets, as the world’s fifth largest wind turbine maker looks to reduce its debt. Suzlon, … More →

Argonaut Ventures

Argonaut Ventures, New Silk Route, Bessemer Venture looking to sell 80% stake in Kiran Energy

Three private equity funds, which own about 80% of Mumbaibased solar power producer Kiran Energy, are seeking to sell their stake at a valuation of Rs 1,200 crore or $200 million, two people with direct knowledge … More →

suzlon

Hot stock: Suzlon Energy in limelight on ‘buy call, launch of Inox Wind IPO

Shares of renewable energy player Suzlon Energy has surged as nuch as 13.4 per cent in last two sessions after a ‘Buy’ report from HDFC Securities and the launch of Inox Wind initial public offering. … More →

inox

Inox Wind: Strong business outlook

Inox Wind, India’s fourth-largest wind energy turbine generator (WTG) manufacturer, is coming out with a Rs 1,000-crore initial public offering (IPO) comprising a fresh issue of up to Rs 700 crore; the rest is an offer for … More →

Ministry Of Finance India

Government mulls cutting subsidy by half for rooftop solar projects

With limited funds at disposal and price of solar panels going down, thegovernment has proposed to reduce thesubsidy on rooftop projects by half, Parliament was informed today. “The ministry has proposed to reduce the subsidy on rooftop solar power plants to 15 per … More →