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Manufacturing

India Inc Registers 501 Deals Valued at $21.4 Billion in Q2 2024: Report

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India Inc has recorded a total of 501 deals valued at USD 21.4 billion in Q2 2024, according to Grant Thornton Bharat Dealtracker. As per the consultancy firm, Q2 2024 witnessed the highest quarterly volumes in two years, while values declined due to the absence of big-ticket M&A transactions. The merger and acquisition (M&A) and …

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SolarEdge Technologies Announces 16% Workforce Reduction Amidst Strategic Operational Adjustments

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In a strategic move to streamline operations and cut operating costs, SolarEdge Technologies announced on Sunday that it will be implementing a significant workforce reduction, affecting approximately 16% of its global workforce, or roughly 900 employees. This decision comes on the heels of the firm’s recent strategic shifts, including the discontinuation of manufacturing operations in …

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