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Suzlon Energy shares update on subsidiary merger; stock down 5%

Suzlon Energy shares update on subsidiary merger; stock down 5%
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Suzlon to merge wholly-owned subsidiaries, spin off projects business

The board of directors of wind power pioneer Suzlon Energy Ltd has approved a scheme of amalgamation under which the company will merge its wholly-owned subsidiaries, Suzlon Global Services and Suzlon

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Suzlon Energy shares in focus over merger of wholly-owned subsidiary with itself

Highlighting the need for restructuring, Suzlon Energy said that the amalgamation would result in simplified group structure to further improve transparency.

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Forex reserves fall for third straight week

Forex reserves fall for third straight week
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Jio proposes to build Railways, disaster services common 4G/5G network

Jio proposes to build Railways, disaster services common 4G/5G network
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