Page 2 - Schneider Electric

Schneider Electric invests undisclosed amount in Biofuels Junction

Energy management and automation firm Schneider Electric on Friday said it has made an equity investment in Biofuels Junction. The investment has been made through Schneider Electric Energy Access (SEEAA), Schneider Electric said in a statement. SEEAA is the Asia-focused clean energy fund, co-funded by Norfund, EDFI MC and Amundi, it added. "Schneider Electric...has made an equity investment in Biofuels Junction. Through this collaboration, Schneider Electric is empowering Biofuels Junction in their business objective of preventing stubble burning of agricultural waste," it said. The company did not disclose the financial details of the deal. Biofuels Junction is a Mumbai-based clean-energy venture that manufactures and aggregates solid biofuels in the form of briquettes and pellets made from agricultural residues to be used as a replacement for fossil fuels in various industries.

Maruti Suzuki India appoints Schneider's executive Arnab Roy as CFO

Roy to take charge as CFO from January 1, 2024

Schneider Electric withdraws appeal from SAT against Sebi's order

Company will have to follow Sebi's January 2021 directions within six months

Schneider Electric to set up new factory in Bengal at Rs 140 cr investment

Schneider Electric on Thursday said it will invest Rs 140 crore to set up a new factory in West Bengal. The new facility will located at Prospace Industrial Park Pvt Ltd in Kolkata, covering an area of 9 acres, Schneider Electric said in a statement. "Schneider Electric aims to grow its capacity in producing products such as vacuum interrupters (VI) and strengthen its power systems vertical through this new factory," it said. This new facility is planned to be completed by February 2024, with the manufacturing operations expected to begin in the second quarter of the next financial year, the company added.

Schneider, Capgemini, Qualcomm join hands to boost 5G automated solution

The three companies have joined efforts on the design and installation of the solution at Schneider Electric's hoisting lab in Grenoble, France

Smartworld Developers expect sales worth Rs 250 cr from retail project

The 100,000 sw ft project in Gurugram is spread over three floors, with units ranging from 500 sq ft to 12,000 sq ft

Smartworld Developers inks MoU with Schneider Electric for home automation

Realty firm Smartworld Developers Pvt Ltd on Tuesday said it has tied up with Schneider Electric for home automation in its upcoming projects. Both the companies have signed a Memorandum of Understanding (MoU) for driving 360 degree home automation in the upcoming projects. Through this collaboration, Smartworld Developers said it would "build positive impact homes with lower waste and healthier interiors by incorporating smart product lines from Schneider Electric, which includes Wiser Smart Homes, Modular Switches, etc." "A smart home ecosystem is the future. With over 4,000 homes already under construction and another 15,000 homes to be added in the next two years, at Smartworld one of our key differentiators is our approach towards development of homes that are SMART," Vivek Singhal, CEO of Smartworld Developers, said. Schneider Electric would complement the supply and service of products and solutions with a quarterly training and upskilling programme for the staff of Smartwor

NMDC institutes in Chhattisgarh's Dantewada district send youths to MNCs

Besides mining, the company has pioneered development initiatives and steered changes in improving the quality of education in remote areas as part of its corporate social responsibility (CSR).

Schneider Electric India to set up 2nd unit in Telangana, invest Rs 300 cr

Schneider Electric India Pvt Ltd will set up its second facility in Telangana with an investment of Rs 300 crore, company's CEO and MD Anil Chaudhary said on Thursday. The factory will be set up on a 18-acre land at GMR Industrial Park in the state capital of Telangana. He was speaking at the ground-breaking ceremony of the facility where Telangana Minister of IT, Municipal Administration and Urban Development KT Rama Rao was the chief guest. "The new state-of-the-art smart factory is testament to our commitment towards making Hyderabad a leading manufacturing hub in the country. We will be investing over Rs 300 crore in this project, which will in turn create additional 1,000 jobs," Chaudhary said. Rao in his address said Telangana is becoming a hub for manufacturers. He said the new unit of Schneider Electric will be the company's largest factory in India. "The upcoming smart factory will greatly contribute to the state's economy, which is bolstering its position as a leading ..

Schneider Electric hits over 6-year high, surges 12% in a weak market

With a number of reforms being introduced in the Power & Grid sector, the company expects it to remain resilient.

Schneider Electric eyes ties with Indian firms as green energy push grows

Increasing investments across functions, GreeNext JV, focused on India, progressing well, says top executive

RR Kabel acquires Luminous' home electrical business, plans IPO in Q4 2023

Luminous' HEB consists of fans and lights and would help RR Kabel enter into the premium segment of this category

Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks

Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark

Schneider to infuse Rs 350-400 cr in Indian subsidiary Luminous Power

A significant part of the investment will be focused on Luminous Power's solar business

Delisting issue: 'Reviewing court order,' says Schneider Electric

Company had approached Bombay High Court after stock market regulator's January order

Schneider-Sebi spat: Bombay HC redirects firm to SAT in delisting case

Court asks SAT to look at new appeal without being influenced by its earlier order of November 26, 2019; Sebi told not to take any coercive action against firm for three weeks

Schneider Electric Infrastructure net profit up 11 pc in December quarter

Schneider Electric Infrastructure on Wednesday posted an 11 per cent rise in quarterly net profit at Rs 33.33 crore

Two trading ideas by Vaishali Parekh of Prabhudas Lilladher

Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days

Schneider Electric Infrastructure posts Rs 6.25 cr net profit in Q2

Schneider Electric Infrastructure on Thursday posted a net profit of Rs 6.25 crore in September quarter mainly due to higher revenues.

Schneider deal boosts L&T Q2 net profit to Rs 5,520 cr; revenue dips 12%

The firm also announced a special dividend of Rs 18 per share