Siemens India

Harish Shekar to take over as CFO of Siemens Energy Business from Jan 1

Siemens Ltd on Thursday announced the appointment of Harish Shekar as Chief Financial Officer of the company's energy business with effect from January 1, 2025. Shekar has been the head of accounting and controlling of Siemens Ltd, India since 2018, a BSE filing said. Prior to 2018, he held the position of head of shareholder controlling at Siemens AG, Germany, and was also responsible for Asia and Middle East as Country CFO of Egypt, with additional responsibility as energy sector controller. According to the filing, Shekar has been with Siemens for over 27 years, holding several senior management positions in India and abroad. His expertise spans corporate finance, mergers and acquisitions, accounting and audit. Before joining Siemens in 1997, he was with a leading financial services company. Shekar is a chartered accountant and a cost accountant. Meanwhile, the company also announced that Vineet Rastogi has been appointed as the head of accounting and controlling of the compan

Siemens Sep quarter net profit jumps 45% to Rs 831 crore on higher income

New orders in the quarter, the company said, were up 37 per cent to Rs 6,164 crore from a year ago

HPCL, Siemens, Petronet among 5 stocks with up to 22% downside risk

Technical chart shows that the key momentum oscillators for these 5 NSE stocks have turned negative; In case of a pullback, here are the key resistance levels for these 5 stocks.

ABB India, Siemens surge 5% on hopes of healthy September quarter earnings

The capital goods sector's long-term outlook remains strong across segments as companies focus on energy transition globally, on top of manufacturing localisation and infra development pace in India.

Navratri 2024: 5 largecap, midcap, smallcap stocks to buy for 10% upside

BDL, Siemens and Colgate Palmolive among 5 stocks that look favourably placed on the technical charts for short-term gains; check key support, resistance levels here.

Siemens extends rally on solid outlook; stock zooms 91% thus far in CY 2024

Siemens is best placed to support India in its growth story, whether in energy, infrastructure, manufacturing or mobility, as per analysts

Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo

Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday

Power stocks dip up to 19% on June 4; Adani Green, Adani Energy top losers

At 10:16 AM, all constituents of the BSE Power Index were trading in negative territory

Stock market gives thumbs up to Siemens' strong performance in Q2

The company is expanding facilities across GIS, metro and transformers to cater to domestic and export demand

Siemens profit surges 70%, to list energy biz into separate entity

Announces demerger of energy business into a separate listed entity, incremental capex of Rs 500 crore

This large cap MNC stock has zoomed 101% since November

Siemens stock update: In past three months, since Q1 results, Siemens has appreciated by 54 per cent after the company reported healthy earnings.

India emerges as a curious mkt in global restructuring of industrial majors

Linde Plc, Siemens, and GE are three such entities that have made changes to their global business structures in the past few years

With growing economy, Siemens has high hopes from Indian biz, says exec

Rebellius, head of Siemens' Smart Infrastructure business, said India was a priority for future investments as it upgrades its electric grid and invests in renewable energy

Siemens Q3 results: Net profit up 9% at Rs 505 crore, revenue rises 17%

In his outlook, Mathur said, 'Capex demand across segments, largely driven by Capex spending in Public Infrastructure, continues to be good. Private Capex is also beginning to pick up'

Siemens results: Profit grows 9% to Rs 506 cr in Dec qtr, order book up 10%

Siemens Ltd on Tuesday posted a 9.2 per cent rise in net profit at Rs 505.7 crore in the first quarter ended December 31 due to higher revenues. The company follows the October to September fiscal year. It had reported a net profit of Rs 462.7 crore in the October-December period of the preceding financial year, Siemens Ltd said in an exchange filing. Its total income rose to Rs 4,989.3 crore over Rs 4,116.8 crore a year ago. Expenses stood at Rs 4,311 crore as against Rs 3,495.7 crore in the first quarter of last fiscal. In a separate statement, the company said it has received new orders of Rs 5,971 crore in the first quarter, a 10 per cent increase over the same period of last year. The first quarter (result) includes significant gain of Rs 103 crore due to positive effects of foreign exchange and commodities, the company said. Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, "While strong revenues came in from our digital industries, smart

Siemens' strong July-September quarter results fail to cheer markets

A near 10 per cent rally in November and restructuring of promoter holding are seen as reasons for the subdued reaction

Siemens net profit down 12.4% to Rs 571 crore in September quarter

"The expansion in capacities of both these products will enable the company to meet the growing demand both in India and globally," the company said

Siemens AG to buy 18% stake in Indian joint venture for $2.28 billion

Once the demerged entity is listed, Siemens Energy is to ultimately acquire a controlling stake in the demerged energy business

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 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