Equirus Capital, Indian financial advisory, has partnered with Clairfield Partners, an international network of investment banks.
The partnership will enhance Equirus M&A capability and coverage across Europe, US, Asia and Australia. Equirus Capital specialises in private equity advisory, capital markets, structured financing and institutional equities.
Wind turbine manufacturer, Suzlon Energy Ltd said it won an order from the Malpani Group to set up, operate and maintain two new wind power projects totalling 19.8 MW capacity in Karnataka and Maharashtra. No financial details were provided.
The 19.8 MW order comprises eight units of Suzlon’s S88-2.1 MW and two units of Suzlon’s S82-1.5 MW wind turbine generators (WTG) to be commissioned in Karnataka and Maharashtra, respectively, the company said in a regulatory filing.
On Monday, Suzlon shares closed 0.4% up at Rs58 on the Bombay Stock Exchange, while the Sensex ended at 0.6% up at 17,937 points.
Hyderabad-based LGS Global Ltd reported a full year net profit of Rs34.68 crore compared to net profit of Rs26.98 crore the previous year. During the period to end-March, the company’s total revenues increased to Rs384.46 crore from Rs294.58 crore.
On a standalone basis, the company has posted a net profit of Rs10.48 crore for the full year as compared to net profit of Rs22.72 crore for the year to end-March 2009. LGS is a global information technology implementation and outsourcing services provider.
On Monday, LGS Global shares gained 2.6% to Rs139 on the Bombay Stock Exchange, while the Sensex ended at 0.6% up at 17,937 points.