Suzlon Energy

Suzlon Energy, the world's third largest maker of wind turbines, it has sold a 35% stake in subsidiary Hansen Transmissions for $ 370 million. as part of its effort to reduce debt. it currently has gross debt totalling Rs 12,500 crore. Thursday stake sale will reduce Suzlon's shareholding in Hansen to 26% from 61%. Suzlon had bought the Belgium - based company in 2006 for $ 565 million.