Suzlon's market share in India is expected to improve to 35-40 percent by FY27, according to Morgan Stanley, which also forecasts India’s wind additions to generate 32GW of demand worth $31 billion for wind OEMs between FY25 and FY30.Suzlon Energy shares surged 5 percent to hit the upper circuit limit of Rs 62.22 in early trade on November 19, marking a third consecutive day of gains, following ...

Market veteran Sushil Kedia believes that the current pullback in the Nifty and Bank Nifty indices should be seen as a buying opportunity. Kedia noted that the Nifty recently touched a strong resistance level of 23,150, a level anticipated for the past three weeks, which led to a reversal. "Nifty kissed its tight resistance of 23,150, and it made a reversal behavior," he observed. The lack of stre...

BAF has a shot at being first NBFC to launch credit card, if RBI approves. This would enable Bajaj Finance (BAF) to take product to deeper markets as against the Top-100 towns where it sells cards of RBL Bank/DBS Bank and where majority of players operate. If it achieves 20-40% cross-sell to nondelinquent client base of 40m and even at lower transaction values, it could make `9-17bn in profit ...

Digital insurer Edelweiss General (EGI) has extended its Group Health Insurance policy to include members of the LGBTQIA community. EGI’s revamped group health policy now covers both LGBTQIA and unmarried partners (partners of the same or other gender, who may be living in). The policy will also cover disabled children without any age limit and dependent children (with no disability) up to 30 ...

Pakistan on Saturday made a desperate plea to the international community to ensure that their resolve to support the country remains undeterred, as the cataclysmic floods, similar to the destruction caused by Hurricane Katrina in the US in 2005, has killed over 1,200 people and displaced more than 33 million. Pakistan is struggling to respond to the floods given their unprecedented magnitude.Rec...