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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.