Page 5 - Siemens

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Biden to announce Siemens investment, planned factory jobs

Joe Biden has been pushing for more U.S. factory jobs and he'll be joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment

India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts

RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems

Expensive valuation likely to keep Siemens stock under pressure

December quarter was mixed with steady revenue, but margins were a miss

Siemens December quarter net profit drops 15% to Rs 250 crore

Siemens on Friday reported 15 per cent dip in consolidated net profit at Rs 250.8 crore for December quarter 2021. The company had logged a net profit of Rs 295.5 crore in the year-ago period, a BSE filing stated. Total income rose to Rs 3,610 crore in the quarter from Rs 2,983.3 crore in the same period a year ago. Total expenses also rose to Rs 3,272.5 crore from Rs 2,623 crore. The company follows October to September financial year. During the quarter, Siemens registered revenue from continuing operations at Rs 3,197 crore, 11.8 per cent increase over the year-ago period, a company statement said. New orders from continuing operations stood at Rs 5,300 crore, a 65.3 per cent increase over the same period last year. The company's order backlog stands at Rs 15,575 crore. Profit after tax from continuing operations was at Rs 245 crore, down 6.5 per cent over the same period last year, it stated. "All our businesses demonstrated very strong growth. New orders booked in the quar

Tata-Siemens JV to build 23-km Metro line for Pune via PPP mode

This is the first metro project in India to be taken up under the Centre's new Metro Rail Policy

Siemens Q4 earnings damp squib, but strong revenue expected

Rising commodity and logistics costs impacted margins in Sept qtr and remain an overhang

Siemens dips 8% on profit booking after Q4 margin disappointment

Q4FY21 Ebitda margin declined 250 bps to 10.4 per cent as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins

Siemens' net profit dips 2.6% to Rs 321 crore in September quarter

Siemens said its consolidated net profit dipped 2.6% to Rs 321.6 crore in the September 2021 quarter, mainly due to a rise in raw material and logistics costs

Stocks to Watch: Airtel, RIL, Siemens, Escorts, Radhe Dev, Indian Metals

Upside in Vedanta may be capped unless commodity prices rebound, say analyst

Siemens inks pact to acquire 26% equity in Sunsole Renewables

Siemens Ltd on Friday said it has inked an agreement for subscription of 26 per cent paid up equity share capital of Sunsole Renewables for Rs 1.6 crore

Reliance Industries looks at global tie-ups in renewables, says report

Ballard Power could be one of potential collaborators in fuels cells, Saudi Aramco for green ammonia and Siemens Green Energies for carbon capture and storage

Siemens, Tata Power-DDL deploy smart metering tech in north Delhi

Siemens and Tata Power Delhi Distribution Ltd (Tata Power-DDL) have jointly announced deployment of smart metering technology for over two lakh smart meters in north Delhi. "Siemens Ltd and Tata Power Delhi Distribution Ltd jointly announced the successful deployment of smart metering technology for over 2,00,000 smart meters in north Delhi," Siemens said in a statement. The state-of-the-art EnergyIP Meter Data Management System, installed and commissioned by Siemens, enables timely and accurate collection of electricity meter data, leading to increased visibility of the consumer network and reduction in carbon emissions. The AMI (advanced metering infrastructure) programme is one of Tata Power-DDL's key strategic initiatives for the modernisation of the grid. This implementation will help the consumers in real-time consumption monitoring and better energy usage management while also providing them outage and low power factor alerts. It will also enable faster outage ...

Siemens posts multiple jump in PAT to Rs 162 crore for June quarter

Siemens Ltd on Tuesday said its standalone profit after tax (PAT) saw a multifold jump to Rs 162 crore during the quarter ended June 30, 2021, boosted by higher revenues

Siemens surges 10%, hits new high on strong March quarter results

Siemens registered new orders from continuing operations of Rs 3,309 crore, registering a 16.9 per cent increase over the same period last year

Siemens' consolidated net profit rise 90% at Rs 334 cr in March quarter

Siemens posted an over 90 per cent rise in consolidated net profit at Rs 334.4 crore for the March quarter, mainly on the back of higher revenues

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Siemens ties up with Hinduja Group for electric vehicle charging infra

Siemens Limited and the Hinduja group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment

Siemens gains 4% on signing MoU with Ashok Leyland for E-Mobility solutions

The MoU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India

Govt trying to construct e-highway on Delhi-Mumbai Expressway: Gadkari

'We are trying to build 'e-highway' on the 1,300-km highway between Delhi and Mumbai,' Gadkari said