Suzlon bondholders reject extension; stock down 5%

Wind turbine maker Suzlon Energy on Thursday said bondholders have rejected its proposal seeking four-month extension to repay debt of nearly $221 million.The Foreign Currency Convertible Bonds......

I-T sleuths search Suzlon premises

Income-tax department officials today searched 50 premises of Suzlon group, which included 30 sites and 20 offices. The company is involved in the production of energy by installing windmills and......

'If Nifty Continues To Decline Below 23,000 Mark...'

'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.' Illustration: Dominic Xavier/Rediff.com   A falling market in the last few weeks has taken 404 of......

REVEALED! How Suzlon chairman plans to turn the company around

Suzlon group chairman Tulsi Tanti outlined the company’s plans and debt-reduction strategy in a conference call from Davos. Edited excerpts: How will the deal help reduce Suzlon’s debt?......