Suzlon Energy signed an agreement with Martifer for an early acquisition of the Portuguese conglomerate`s stake in Germany-based REpower Systems for EUR 270 million.

Edelweiss Asset Management, the Investment Manager to Edelweiss Mutual Fund, has plans to launch 10-12 products over the next 12 months across the spectrum covering the equity, derivatives and debt.


Gammon Infrastructure Projects has received the letter of allotment for the development of the Youngthang Khab Hydro Electric Project on build, own, operate and transfer (BOOT) basis from Himachal Pradesh (HP) government.


Anil Dhirubhai Ambani Group (ADAG) is all set to become a fully-integrated player in the wind energy sector with its newly-formed arm Global Wind Energy (GWE), Reliance Wind Energy (RWE), a subsidiary of Reliance ADA Group`s energy business, will manufacture wind farm equipment, right from turbines, towers to even blades. ADAG has lined up about Rs 10 billion for a greenfield project in Kherdi, 22 km from the union territory region of Silvassa, where it has acquired close to 50 acres of land.


Sanwaria Agro Oils board has decided to issue bonus shares in the ratio of 1:1 and fixed Sep 15 as the record date for this purpose.


Hyundai Motor India (HMIL), a wholly owned subsidiary of Hyundai Motor Company, is planning to launch its 800cc small car by 2011-12,