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Siemens Ag

Siemens rises 4% as German parent to buy additional 18% stake for $2.28 bn

Siemen AG's total stake in its Indian arm will jump to 69 per cent from 51 per cent at present

Siemens rises 4% as German parent to buy additional 18% stake for $2.28 bn
Updated On : 15 Nov 2023 | 2:30 PM IST

Siemens to acquire 18% in Indian arm from Siemens Energy for 2.1 bn euros

With this, the company's total stake in its Indian arm will jump to 69 per cent from 51 per cent earlier

Siemens to acquire 18% in Indian arm from Siemens Energy for 2.1 bn euros
Updated On : 15 Nov 2023 | 12:48 PM IST

Siemens AG seeks discount for Siemens Energy's stake in Indian JV: Report

Siemens AG spun off Siemens Energy in 2020 but Siemens Ltd, the Indian division which comprises business of both groups, remained integrated

Siemens AG seeks discount for Siemens Energy's stake in Indian JV: Report
Updated On : 06 Nov 2023 | 6:43 PM IST

Siemens Energy considering to sell substantial part of 24% stake to Siemens

The shares are currently worth about 3.3 billion ($3.5 billion). Siemens already owns 51% of the Indian business

Siemens Energy considering to sell substantial part of 24% stake to Siemens
Updated On : 30 Oct 2023 | 10:54 PM IST

HCLTech wins multiyear cloud services deal from Germany's Siemens AG

Indian firm will also supply IT infrastructure services to Siemens AG

HCLTech wins multiyear cloud services deal from Germany's Siemens AG
Updated On : 07 Sep 2023 | 10:21 PM IST

Siemens okays drives applications biz sale to subsidiary for Rs 440 cr

The LDA business within Siemens Ltd recorded revenue from operations of Rs 4,437 million for FY 2021 and an operating profit of Rs 251 million, a company statement said.

Siemens okays drives applications biz sale to subsidiary for Rs 440 cr
Updated On : 27 May 2022 | 4:02 PM IST

75F raises $5 mn from Siemens, taking the total Series A funding to $28 mn

75F, which designs and manufactures IoT-based Building Management System, on Friday said it has raised USD 5 million from Siemens AG, bringing total 'Series A' funding to USD 28 million.

75F raises $5 mn from Siemens, taking the total Series A funding to $28 mn
Updated On : 16 Jul 2021 | 11:53 PM IST

Siemens AG sells nearly 48% stake in Siemens Ltd for Rs 18,237 cr

Siemens Aktiengesellschaft is the parent company of Siemens Ltd, which is listed in India

Siemens AG sells nearly 48% stake in Siemens Ltd for Rs 18,237 cr
Updated On : 23 Jun 2020 | 9:05 PM IST

Limited visibility may hurt ABB, Siemens more than Thermax or Cummins

An analyst at a domestic brokerage said that Siemens is a highly cyclical stock, due to the high correlation between the company's revenue growth and India's gross fixed capital formation

Limited visibility may hurt ABB, Siemens more than Thermax or Cummins
Updated On : 17 Jun 2020 | 12:42 AM IST

Siemens: Growth concerns, lack of clarity on large projects cloud outlook

Order flow pick-up, higher proceeds from businesses transferred to parent act as triggers

Siemens: Growth concerns, lack of clarity on large projects cloud outlook
Updated On : 09 May 2018 | 7:00 AM IST