Moser Baer India announced that the company's wholly owned photovoltaic subsidiary entered into definitive agreements from a consortium of global investors including Nomura, CDC Group, Credit Suisse, Morgan Stanley, IDFC PE and IDFC to fund the photovoltaic units ambitious growth plans.
The transaction values Moser Baer's PV business at Rs.6, 350 crores. The company plans to utilize the capital infusion to the capacity expansion of its high efficiency crystalline silicon and thin film solar verticals.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.