Page 2 - Schneider Electric
Schneider Electric India to set up 2nd unit in Telangana, invest Rs 300 cr
Schneider Electric India Pvt Ltd will set up its second facility in Telangana with an investment of Rs 300 crore, company's CEO and MD Anil Chaudhary said on Thursday. The factory will be set up on a 18-acre land at GMR Industrial Park in the state capital of Telangana. He was speaking at the ground-breaking ceremony of the facility where Telangana Minister of IT, Municipal Administration and Urban Development KT Rama Rao was the chief guest. "The new state-of-the-art smart factory is testament to our commitment towards making Hyderabad a leading manufacturing hub in the country. We will be investing over Rs 300 crore in this project, which will in turn create additional 1,000 jobs," Chaudhary said. Rao in his address said Telangana is becoming a hub for manufacturers. He said the new unit of Schneider Electric will be the company's largest factory in India. "The upcoming smart factory will greatly contribute to the state's economy, which is bolstering its position as a leading ..
 "Schneider Electric India to set up 2nd unit in Telangana, invest Rs 300 cr")
Schneider Electric hits over 6-year high, surges 12% in a weak market
With a number of reforms being introduced in the Power & Grid sector, the company expects it to remain resilient.
Schneider Electric eyes ties with Indian firms as green energy push grows
Increasing investments across functions, GreeNext JV, focused on India, progressing well, says top executive
 "Schneider Electric eyes ties with Indian firms as green energy push grows")
RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023
Luminous' HEB consists of fans and lights and would help RR Kabel enter into the premium segment of this category
 "RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023")
Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks
Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark
 "Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks")
Schneider to infuse Rs 350-400 cr in Indian subsidiary Luminous Power
A significant part of the investment will be focused on Luminous Power's solar business
Delisting issue: 'Reviewing court order,' says Schneider Electric
Company had approached Bombay High Court after stock market regulator's January order
 "Delisting issue: 'Reviewing court order,' says Schneider Electric")
Schneider-Sebi spat: Bombay HC redirects firm to SAT in delisting case
Court asks SAT to look at new appeal without being influenced by its earlier order of November 26, 2019; Sebi told not to take any coercive action against firm for three weeks
Schneider Electric Infrastructure net profit up 11 pc in December quarter
Schneider Electric Infrastructure on Wednesday posted an 11 per cent rise in quarterly net profit at Rs 33.33 crore
 "Schneider Electric Infrastructure net profit up 11 pc in December quarter")
Two trading ideas by Vaishali Parekh of Prabhudas Lilladher
Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days
 "Two trading ideas by Vaishali Parekh of Prabhudas Lilladher")
Schneider Electric Infrastructure posts Rs 6.25 cr net profit in Q2
Schneider Electric Infrastructure on Thursday posted a net profit of Rs 6.25 crore in September quarter mainly due to higher revenues.
Schneider deal boosts L&T Q2 net profit to Rs 5,520 cr; revenue dips 12%
The firm also announced a special dividend of Rs 18 per share
 "Schneider deal boosts L&T Q2 net profit to Rs 5,520 cr; revenue dips 12%")
Schneider Electric ups 2020 revenue outlook as 3rd qtr returns to growth
The company also upgraded its full-year core profit margin target to 15.1%-15.4% from 14.5%-15.0% previously, and confirmed its aim to increase this to around 17% by 2022
 "Schneider Electric ups 2020 revenue outlook as 3rd qtr returns to growth")
L&T deal will push Make in India for the world: Schneider India chief
In a Q&A, Anil Chaudhry says the combined business will actively contribute to make the country green and digital
 "L&T deal will push Make in India for the world: Schneider India chief")
Two years later, L&T completes sale of E&A business to Schneider Electric
The deal, which was first announced in May 2018, is worth Rs 14,000 crore and is one of L&T's biggest divestment so far by value
 "Two years later, L&T completes sale of E&A business to Schneider Electric")
Schneider Electric 2020 Corporate Energy & Sustainability Progress Report
Schneider Electric 2020 Corporate Energy & Sustainability Progress Report
 "Schneider Electric 2020 Corporate Energy & Sustainability Progress Report")
How Conzerv Systems and Schneider Electric managed a tricky biz of merger
Most acquisitions fail because of a cultural clash. But Conzerv Systems and Schneider Electric managed this thorny issue successfully.
Finding the light: Schneider Electric reimagining the brand with a purpose
The 184-year-old global electrical energy company rewires the brand around environmental concerns, looks for a direct connection with consumers
 "Finding the light: Schneider Electric reimagining the brand with a purpose")
CCI clears Schneider Electric India, MacRitchie's buyout of L&T arm
The Competition Commission of India (CCI) on Thursday approved the acquisition of Larsen & Toubro's (L&T) electric and automation (E&A) business by Schneider Electric India and MacRitchie Investments.
 "CCI clears Schneider Electric India, MacRitchie's buyout of L&T arm")
Fuel price hike, green energy focus offer biz prospects: Schneider Electric
The company says has a strong R&D presence in India, backed by 1,400 engineers, for developing energy solutions and products for domestic and offshore markets
