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Suzlon Energy Clinches 195 MW Wind Power Order from Sunsure
Suzlon Energy (NSE:SUZLON, BOM:532667) has received a repeat order of 195 MW from Sunsure Energy for the latter's project in the Bijapur district of Karnataka, India, according to a Friday filing to the Indian stock exchanges.The latest order, the cumulative partnership between Suzlon and Sunsure, has increased to nearly 300 MW across the states of Maharashtra and Karnataka.Under the latest contract, Suzlon will install 65 units of S144 wind turbine generators (WTGs), each rated at a 3.0 MW capacity. The renewable energy company will supply wind turbines, execute the project, including erection and commissioning, along with operations and maintenance services post-commissioning.With this order, the company's order book in Karnataka now stands at over 2 GW.The company's shares were up over 1% in recent trade.
$BOM:532667$NSE:SUZLON
Asia
Shyndec Pharma Gets Registration Certificate for Ibrutinib Capsules
Shanghai Shyndec Pharmaceutical (SHA:600420) received a drug registration certificate from China's National Medical Products Administration for ibrutinib capsules, according to a Shanghai bourse filing on Friday.The drug is used to treat cancers such as lymphoma and Waldenström Macroglobulinemia.The pharmaceutical company invested 15.6 million yuan into the drug's research and development.
$SHA:600420
Asia
Welspun Corp's Consolidated Profit Slumps in Fiscal Q4; Shares Fall 4%
Welspun Corp (NSE:WELCORP, BOM:532144) consolidated attributable net profit declined to 3.70 billion rupees in the fiscal fourth quarter ended March 31 from 6.98 billion rupees a year ago, according to a filing to the Indian stock exchanges on Thursday.Shares of the pipes manufacturer fell over 4% in Friday's trade.Earnings per share contracted to 14.04 rupees from 26.50 rupees a year earlier.Revenue from operations in fiscal Q4 increased to 43.1 billion rupees from 39.2 billion rupees a year ago.The company's board of directors recommended a final dividend of 5 rupees per share for the financial year ended March 31.
$BOM:532144$NSE:WELCORP