Inox Clean Energy is set to acquire US-based Boviet Solar in a deal valued around $750 million, aiming to accelerate its entry and expansion in the American solar market. Boviet Solar is described as a major player among US solar equipment makers, making the acquisition a potential shortcut to scale and market presence rather than building from scratch.
Indian pharma’s US outlook has improved after years of pressure from price erosion and compliance hurdles. Drug shortages have temporarily slowed price erosion, while launches of key generic drugs have helped companies regain footing. Yet the real question is sustainability: will the same conditions hold, or will competition and supply normalization bring renewed margin stress?
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
A McKinsey report says India has become a major smartphone supplier to the United States, covering about 40% of demand that China previously met. The shift highlights how supply chains are being redrawn, with Indian production playing an outsized role in meeting US handset needs. The development could reshape bargaining power for global mobile brands.
Swipe through stories, personalise your feed, and save articles for later — all on the app.