Siemens Limited
Siemens, Mitsubishi in metals alliance
07 May 2014
The JV with approximately 9,000 employees, will focus fully on iron, steel and aluminum industries
Siemens to table offer for Alstom if given four weeks to conduct due diligence
30 Apr 2014
On Sunday, Siemens barged into Alstom's late-stage talks to sell its energy assets to General Electric Co (GE) by proposing an asset swap deal worth $14.5 billion
Siemens barges into Alstom - GE deal with asset-swap offer
By By Ravi Kunder | 28 Apr 2014
Siemens proposes to give some of its high-speed train and locomotive businesses plus cash to Alstom in exchange for its power business, which GE was close to buying for $13 billion. By Ravi Kunder
US court throws out whistleblower's plea against Siemens China
22 Oct 2013
The ruling that has ramifications for entities using US courts to sue for violations outside the country
Siemens to slash 15,000 jobs worldwide
30 Sep 2013
German engineering giant Siemens AG plans to cut a massive 15,000 jobs by late next year as part of the company’s cost reduction programme in its efforts to improve competitivenes
Siemens pulls out of Crossrail bid
06 Jul 2013
Nokia to buy Siemens stake in NSN Networks for $2.21 bn
01 Jul 2013
Both Siemens and Nokia have been looking to exit the joint venture through a buyout or public offering
Siemens to shut down loss-making solar business
18 Jun 2013
After losing over $1billion since 2011, global engineering and electronics giant Siemens AG will shut down its solar power unit after failing to find a buyer for it
Siemens to acquire rail automation unit of Invensys for $2.78 bn
29 Nov 2012
Siemens AG, Europe’s biggest engineering firm plans to strengthen its signalling business with the acquisition of Invensys Rail, the rail automation unit of British engineering and software company Invensys
Siemens unveils $7.7-bn cost cutting plan
09 Nov 2012
Siemens AG yesterday unveiled a €6-billion ($7.7 billion) cost cutting plan, which includes asset sales and job cuts, in order to compete with rivals amid a deteriorating global economy
Siemens looks to Canada to power future growth
29 Aug 2012
Siemens AG cuts annual profit forecast to €5.4 billion
27 Apr 2012
Diversified German engineering giant Siemens AG has cut its annual profit forecast for the third time in five years with delays in linking off-shore wind parks to Europe’s power grid hindering its renewable energy initiatives
Bosch Siemens Home Appliances to set up base in India, expand business
21 Sep 2011
Bosch Siemens says its products will be placed in the mass premium segment of the market, so as to derive the benefits of both the mass market and demand for product quality.
Siemens AG to exit nuclear business, focus on renewable energy
19 Sep 2011
Siemens AG, Europe’s largest engineering company, yesterday said that it would cease building nuclear power plants globally and focus on renewable energy after the German government decided to phase out nuclear power by 2022
Bosch, Siemens to set up Rs479 crore manufacturing unit in Tamil Nadu
03 Sep 2011
German home appliances major BSH Bosch, jointly with Siemens Hausgeräte GmbH, plans to invest Rs479.27 crore to manufacture home appliances.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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