I would recommend three books for you for starters.
Secrets For Profiting in Bull and Bear Markets - Stan Weinstein (for technical analysis)
The Five Rules for Successful Stock Investing - Pat Dorsey and Joe Mansueto (for fundamental analysis)
How To Make Money In Stocks - William J O'neil (About having Systems for investing/trading)
About equity investing, my advice to you is 1) Since you have financial obligations, start with only that portion of your corpus which you can afford to loose. 2) Every cheap stock is not a good investment opportunity. 3) Do your complete research before you begin investing and not after you have taken a position
About your portfolio, my advice is - 'Do not try catching a falling knife'. Lycos is in a long-term downtrend. Don't try predicting its bottom. Instead, let the stock bottom out, form a base and show a healthy uptrend before you invest. You can hold Suzlon for long-term for good returns.
Lastly, my advice you to stay away from equities until you gain decent understanding of it. Try parking your money in mutual funds. Your returns were moderate because large caps did not do well in last few years compared to midcaps and smallcaps. MFs take a long-term commitment (5-10 years) to give you decent returns. Invest in a 5-star rated multi-cap diversified fund if you are unsure. You can research MFs in valueresearch or moneycontrol.