Suzlon Energy Gains On Commissioning Solar Projects

Gold Silver Reports (GSR) – Suzlon Energy Gains On Commissioning Solar Projects — Shares of the Pune-based renewable energy firm rose as much as 2.3 percent to Rs 11.71 after it informed exchanges that it commissioned solar projects to the tune of 340 megawatts. 

Read More →

Binani Industries Gains On Reports Of Dalmia’s Winning Bid For Cement Unit

Gold Silver Reports (GSR) – Binani Industries Gains On Reports Of Dalmia’s Winning Bid For Cement Unit — Shares of Mumbai-based company were locked in a 5 percent upper circuit at Rs 101.65 after most creditors of its cement unit, which is being sold under the country’s insolvency process, will support the bid by an investor group backed by Bain Capital, people with knowledge of the matter said.    

Read More →

HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud

Gold Silver Reports (GSR) – HDIL Falls After Report Says Case Filed On Mumbai Unit For Fraud — Shares of the Mumbai-based real estate developer fell as much as 7 percent to Rs 41.40 after Maharashtra’s housing authority accused Guruashish Construction, a subsidiary of HDIL for selling chunks of its land to other developers and failing to build 3,000 flats for public housing, The Times of India newspaper reported.   

Read More →