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 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.