Siemens on Tuesday reported over 37 per cent decline in its net profit to Rs 408 crore in March quarter, compared to the same period year ago, mainly due to under-absorption of fixed costs and higher material costs in the Digital Industries business. The company follows an October to September fiscal year.
Siemens Ltd plans to acquire 100% stake in Siemens Buildings Technologies Pvt Ltd, from Siemens Building Technologies AG, Switzerland, for Rs 4.79 crore
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
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.
Siemens Ltd is looking for engineering graduates for its Power Transmission and Distribution Division.
Siemens Ltd has informed BSE that P M Thampi has ceased to be a director of the company with effect from January 22, 2003.\n\n\n\n
Electrical and electronics major Siemens Ltd has posted a 28.02 per cent rise in net profit at Rs 15.53 crore for the third quarter ended June 30, 2003, compared to Rs 12.13 crore in the corresponding quarter last fiscal.
Hit hard by infrastructure chaos in Bangalore, Siemens Ltd has decided to stop its expansion in the city, J Schubert, managing director, Siemens said on Friday.
Siemens Ltd has posted a net profit of Rs 344.15 million for the quarter ended December 31, 2002 as compared to net profit of Rs 204.68 million in the quarter ended December 31, 2001.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
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
Tata Power Company Ltd has signed a development agreement with Germany's Siemens Project Ventures GmbH to jointly bid for ultra mega power projects.
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.
Telecom equipment vendor Nokia-Siemens filed a case in the Delhi High Court today against its disqualification on technical grounds as a bidder for state-owned Bharat Sanchar Nigam Ltd's tender for 94 million lines, one of the world's largest telecom contracts worth over Rs 50,000 crore.
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.
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.
74 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6).
The Rs 8,000-cr deal is expected to be finalised early next month.
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
CRRC Pioneer Electric (India) Private Limited, whose bid for the project is a joint venture of the Chinese firm CRRC Corporation Ltd with a Gurugram-based company according to its website, is one of the six contenders for the tender for procuring propulsion systems or electric traction kits for 44 trains to function as the Vande Bharat Express or Train 18.
Phase-II yet to begin, will take three years to conclude.
The award has been instituted by the Palladium Group Inc, a leading global professional services firm that enables companies to better measure and manage performance using the BSC approach, Infosys said in a statement.
Decision against panel's suggestion.
Satyam Computer Services Ltd on Tuesday announced the signing of a multi-million dollar deal with the prestigious New Bangkok International Airport-Airport information Management System.\n\n
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
In a departure from its stand, the government has decided to go ahead with the privatisation of the four airports.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
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