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  • Aim to increase market share from 33% to 40% by 2018: Suzlon

    Aim to increase market share from 33% to 40% by 2018: Suzlon

    Suzlon Energy has undergone transformation in the last three-four quarters especially in terms of operational improvement of numbers. In a special episode from CNBC-TV18’s series, Under the Lens, Varinder Bansal finds out what led to the improvement in the company's performance.

  • Aim for 15,000 MW capacity in next five years: Suzlon

    Aim for 15,000 MW capacity in next five years: Suzlon

    Speaking to CNBC-TV18 on the sidelines of the World Economic Forum in Davos Tulsi Tanti, Founder of Suzlon Energy, said the renewables space is vastly growing.

  • UK, coming out of EU, needs a nation like India: Sunil Mittal

    UK, coming out of EU, needs a nation like India: Sunil Mittal

    Theresa May coming to India with trade delegates indicates that the country is a place that UK wants to strengthen its bilateral and economic ties, believes Sunil Mittal, chairman of Bharti Enterprises.

  • Risk premium was high before Modi arrived: Tulsi Tanti

    Risk premium was high before Modi arrived: Tulsi Tanti

    Suzlon chief Tulsi Tanti says India is now attracting more FDI, as opposed to largely portfolio investments it was pulling in earlier.

  • Mineral-based projects will get sorted in 2 yrs: JSW Steel

    Mineral-based projects will get sorted in 2 yrs: JSW Steel

    Sajjan Jindal, Chairman & MD, JSW Steel says with iron-ore and mining ordinances, it has become very clear that now it will be through the auction route, through a transparent route. So, I think over the next two years, all these large projects which are mineral based will get sorted out.

  • Suzlon can now return to black: SBI boss at Davos

    Suzlon can now return to black: SBI boss at Davos

    State Bank of India chairman Arundhati Bhattacharya feels the Suzlon did the right thing by selling its overseas arm. The company can repay debts, improve its books and take advantage of the government reforms.

  • Interest cost to halve; to turn profitable in FY16: Suzlon

    Interest cost to halve; to turn profitable in FY16: Suzlon

    Suzlon Energy chairman Tulsi Tanti said the sale of its German subsidiary Senvion, which accounted for half of the group's revenues, would help the residual business grow at a faster pace.

  • Suzlon exposure to halve post loan repayment: Central Bank

    Suzlon exposure to halve post loan repayment: Central Bank

    Suzlon today said it will repay domestic term loans worth Rs 5000 crore with the proceeds from the sale. It further said it will use Senvion‘s offshore technology by paying a license fee.

  • Can bring USD 500m from non-critical assets sale: Suzlon

    Can bring USD 500m from non-critical assets sale: Suzlon

    Debt-laden Suzlon Energy, which last month got formal approval from banks to restructure its loans, says it can raise about USD 0.5 billion from selling non-critical assets. However, Kirti Vagadia, its CFO, maintained that there is no plan to sell its German unit REpower, which is among the fastest growing in the industry.

  • Need Rs 12K-17K crore in 2 yrs; see signs of revival: SBI

    Need Rs 12K-17K crore in 2 yrs; see signs of revival: SBI

    Diwakar Gupta, MD & CFO of State Bank of India informed that they are undertaking road shows to focus on under valuation of public sector banks and to attract foreign institutional investors.

  • No more credit to KFA, home loans raking revenue: SBI

    No more credit to KFA, home loans raking revenue: SBI

    Pratip Chaudhuri, chairman, State Bank of India (SBI), says that the bank is urging KFA to take action on urgent basis and a consortium meeting is scheduled for next week.

  • Targeting a debt/equity ratio of 1.4x by end FY12: Suzlon

    Targeting a debt/equity ratio of 1.4x by end FY12: Suzlon

    As analysts have been slamming the stock for the high debt/equity ratio, Tanti says the company’s net debt to equity ratio stands at 1.65 times. And says, "The company is targeting a debt/equity ratio of 1.4 times by end FY12, and hope to have it at 1 by end FY13."

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