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Siemens Ag

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Siemens AG weighs cellphone production

Siemens AG is looking at setting up a cell phone manufacturing facility in India as a part of the German conglomerate's long term strategy. Peter Gartenberg, executive vice president, information &......

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

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. Photograph:......

Siemens to divest stake in network arm

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, Bangalore, to its joint venture......

Siemens to invest $500 mn more in India

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......

Siemens to axe 15,000 software jobs globally

The euro 75 billion Siemens AG is looking at axing more than 15,000 of its software jobs in high-cost countries and move them to low-cost centres such as India, China and Eastern European......

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