📌Vedanta revised its demerger plan, opting to retain its base metals business within the parent entity following lender feedback. 📌NHPC signed a ₹5,500-cr MoU with Bihar to develop 1,000 MW solar and green hydrogen projects. 📌CCI approved UltraTech’s ₹3,954-cr acquisition of a 32.72% stake in India Cements. 📌HCC divested its stake in Steiner AG to m3 Immobilier.
Open FlipWaaree Energies on Friday said its wholly-owned subsidiary Waaree Solar Americas Inc. has started trial production of solar modules at its manufacturing facility in the US. The first phase is of 1.6 GW solar module manufacturing capacity. Homegrown Waaree Energies is the first Indian renewable energy company to establish a PV module manufacturing facility in Brookshire, Texas, United States.
Open FlipAccenture Plc’s renewed hiring—it added 49,000 people globally in the last six months—suggests technology services companies expect a much better growth in the coming months, according to analysts. The Dublin-headquartered company’s hiring spree paints a sanguine outlook for homegrown IT services companies that are expected to record better growth in the coming quarters, the analysts said.
Open Flip