Stay updated with breaking news from Revised List. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Following the Galwan Valley skirmishes in 2020, the Indian government issued orders to clamp down on participation of Chinese vendors in public procurement. Recently, the Indian procurement portal GeM announced the removal of hundreds of Chinese vendors over the past three years.
Suzlon Energy stock has witnessed a 14% correction over the last three trading sessions after hitting back-to-back 52-week highs. The last time it was on Friday when Suzlon Energy shares scaled a Rs 44 peak on the NSE.
Suzlon Energy: At JM Financial India Conference 2023, Suzlon Energy said the share of orders from the C&I segment has increased from 55 per cent in the June quarter to 64 per cent in the September quarter.
Suzlon Energy share price: The stock jumped 4.61 per cent to hit a one-year high of Rs 44. At this price, the multibagger scrip has gained around 410 per cent in the last six months. Bourses BSE and NSE have put the securities of Suzlon under the long-term ASM (Additional Surveillance Measure) framework.
The Reserve Bank of India has directed the company to stop the sanction and disbursal of loans under two of its lending products – ‘eCOM and ‘Insta EMI Card with immediate effect, as the non-banking financial company did not comply with certain norms.