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Siemens to grow its environmental portfolio12-NOV-09
Siemens, the German engineering giant, says it plans to expand its green energy portfolio to enable ¤25 billion (approximately Rs 1,74,339 crore) savings globally by 2011, with significant carbon dioxide (CO2) reduction from its products and processes in key markets, including India.
State aims to revive IT sector with event11-NOV-09
The twelfth edition of Asia’s premier ICT event, Bangalore IT.Biz 2009 is all set to begin here tomorrow. Union Minister of State for Information Technology and Communications Gurudas Kamat would inaugurate the three-day event, which will be presided over by Chief Minister B S Yeddyurappa.
Siemens softens despite bagging contract09-OCT-09
Siemens closed at Rs 571, down by 2.5% or Rs 14 on the BSE. The stock opened at Rs 590 and touched a high of Rs 605 and a low of Rs 565 during the day. A total of 272,659 shares were traded on the BSE as against the 2-week average of 109,271 shares.
NEWSALERT: Siemens Healthcare appoints Narendra Jhaveri as chairman23-SEP-09
The board has also appointed Pradip V Nayak as chairman of the Audit committee, the company said in a filing to BSE.
HCL appoints Rothin Bhattacharyya as CEO of security arm15-SEP-09
HCL Security, a subsidiary of HCL Infosystems, today announced the appointment of Rothin Bhattacharyya as its Chief Executive Officer (CEO).
Siemens: Challenging times18-AUG-09
Engineering firm Siemens’ order book has remained stagnant for more than two years at around Rs 10,100 crore but the stock has outperformed the market since May. Of course, it lost 5 per cent on Monday in a weak market.
'The market will go back to golden years soon'10-AUG-09
Siemens, the German engineering giant, has split its global business empire into 20 clusters for fast-tracking growth and avoiding structural duplication. The Rs 17,500-crore India business has a significant role in the new structure as headquarters of the South Asia cluster, which includes Sri Lanka, Bangladesh, Bhutan, Nepal and Maldives. Siemens MD ARMIN BRUCK is also the cluster chief exe-cutive.
Ericsson to buy Nortel unit26-JUL-09
Will pay $1.13 bn for insolvent co’s wireless equipment division.
Zee News, Info Edge, Mastek & Siemens Q1 results24-JUL-09
Subhash Chandra promoted firm Zee News on Thursday announced a net profit of Rs 11.9 crore for the first quarter ended June 30 over Rs 8.76 crore quarter-on-quarter. Its operating revenue was down at Rs 137 crore versus Rs 138.4 crore Q-o-Q.
LIC hikes stake in Siemens up to 13%20-JUL-09
Life Insurance Corporation of India has hiked its stake to 13.34 per cent in Siemens, a part of German conglomerate, after purchasing shares worth over Rs 213.25 crore, through an open market transaction.
Tehri Hydro moves SC against cartelisation in tender matter15-JUL-09
Tehri Hydro Development Corporation has moved the Supreme Court seeking protection from cartelisation by French and German multinationals in a tender matter.
TN to get 5 new projects worth Rs 6,500 cr14-JUL-09
Five new projects worth over Rs 6,500 crore are expected to commence during the current fiscal in Tamil Nadu, according to Tamil Nadu Deputy Chief Minister M K Stalin.
Siemens IT arm asks 500 to leave11-JUL-09
Siemens Information Systems, a business unit of Siemens India, part of German technology giant Siemens is understood to have laid off around 500 people over the last three days. The company has 5,500 employees across eight cities in India and provides software solutions and services to aviation, financial services, healthcare, manufacturing and telecom companies.
WB reaches settlement with Siemens on corruption charges03-JUL-09
The World Bank has reached a settlement with Siemens AG related to the German conglomerate's past "misconduct", including alleged corruption, and will pay $100 million for anti-corruption measures of the global lender.
Nokia Siemens defends Iran spy tech deal01-JUL-09
Nokia Siemens Networks defended its decision to sell eavesdropping technology to Iran last year, saying today it had followed trade rules and acted ethically.
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