Even as the results of Siemens for the second quarter of 2025-26 (Q2FY26) were a mixed bag, the stock was the top gainer in the BSE 200 index, rising 4.92 per cent in trade. Most brokerages are neutral or positive on the company.
Power systems major Siemens, the Indian subsidiary of German Siemens AG, has decided to divest its 100 per cent stake in Siemens Public Communication Networks
Global handset major Siemens India Ltd is planning to invest over $500 million in India in the next three to four years for setting up new factories and expanding its existing capacities in the country.
German MNC Siemens on Tuesday announced consolidation of its telecom operations in India by buying out 100 per cent equity stake in its telecom company, Siemens Public Communication Networks Pvt Ltd, for a consideration of Rs 195 crore (Rs 1.95 billi
Siemens reported solid results in the July-September quarter (fourth quarter, or Q4) of 2022-23 (FY23), with the top line growing 25 per cent year-on-year (Y-o-Y) to Rs 5,808 crore. The operating profit margin stood at 12.1 per cent, led by lower employee costs and other operating expenses. The company follows the October-September financial year.
The company is facing a string of losses and shrinking customer base.
Power and automation major Siemens Ltd on Wednesday said it has bagged an export order worth Rs 1,000 crore (Rs 10 billion) from Qatar.
The board of directors of Siemens Ltd, the Indian unit of the German electronics giant Siemens AG, has deferred a proposal to buy back its shares, the Bombay Stock Exchange said on Thursday.\n\n\n\n\n\n\n\n
It has 150 research and development locations in over 30 countries around the world, employing over 32,300 people.
The company, a joint venture between Finnish cell phone maker Nokia and German conglomerate Siemens AG, is planning to bring down its annual operating expenses and production overheads by 500 million euros by the end of 2011.
Multinational healthcare and pharmaceutical major Bayer Group said on Friday it is planning to sell its diagnostics business to Siemens AG, Germany for euro4.2 billion.
Siemens AG said on Tuesday that it will sell its struggling mobile phone unit to Taiwan's BenQ, capping months of talks about the unit.
Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).
Things are looking up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity, which is expected to continue through the 2023-24 financial year (FY24), the Budget has a strong infrastructure thrust, which works in Siemens' favour. The company reported a standalone Ebitda (earnings before interest, tax, depreciation and amortisation) of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows the October-September accounting year).
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Siemens Ltd plans to acquire 100% stake in Siemens Buildings Technologies Pvt Ltd, from Siemens Building Technologies AG, Switzerland, for Rs 4.79 crore
Audit is being questioned by investors. Subhiksha is an example. In the case of Siemens India, institutional investors questioned the valuation in a deal involving the sale of Siemens Information Systems to German parent Siemens AG. This shows the low level of investor confidence in the corporate governance system. The audit committee mechanisms need strengthening.
The first six months of the financial year (Siemens follows an Oct-Sept calender) has not been encouraging.
Human capital management is now part of all managers' performance reviews.
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
Prime Minister Narendra Modi will hardshell India as an attractive investment destination during his Germany trip.
Compared to their Indian peers, MNCs have higher return ratios.
The Airports Economic Regulatory Authority has turned down Bengaluru International Airport Ltd's (BIAL) proposal to increase User Development Fee (UDF) by 239 per cent for domestic and 79 per cent for international departing passengers from the airport.
