The acquisition comes amid projections of 8-10 per cent CAGR for India’s transformer market, driven by rising demand from emerging sectors such as green hydrogen, EV charging infrastructure, data centres, 5G rollout and railway electrification. Waaree Energies Ltd, India’s largest solar module manufacturer, has acquired a 64 per cent equity stake in Kotsons Pvt. Ltd...
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Bharti Airtel drags Reliance Jio to CCI
Bharti Airtel has approached the Competition Commission of India accusing Reliance Jio Infocomm of predatory pricing and indulging in an anti-competitive behaviour.