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SIEMENS RESTRUCTURING FOR PROFITABILITY
Siemens launches fresh AI reinvention drive to boost returnsStarting Oct. 1, four units within the top division, Digital Industries, will combine into a single automation business. Connecting sales, ...
Siemens shares in focus as co approves Rs 2,200 crore sale of low voltage motors business to InnomoticsSiemens shares may be in focus after the company approved the sale of its Low Voltage Motors and Geared Motors business to Innomotics India...
Siemens Energy to cut 7,800 jobs in bid to raise margins"The energy market is significantly changing which offers us opportunities but at the same time (it) presents us with great challenges," Ch...
Stocks in the news: RIL, Bajaj Auto, DRL, Bajaj Finance, Ultratech Cement, and Tata PowerHere are a few stocks which may create some buzz in Wednesday’s trade.
Minority shareholders increasingly having a say in key decisions of companiesIn the past few months, public shareholders have managed to push companies to alter or reconsider their proposals that were not in their be...
India-born Rajeev Suri: Know all about the likely new CEO of NokiaBorn in 1967, Suri is one of the few top bosses in the business world who doesn't boast of a management degree from a pedigreed MBA institu...
Siemens Global CEO Joe Kaeser sees long term growth in IndiaJoe Kaeser feels energy & healthcare sectors are key, emphasises on demand creation and need to localise products and even leadership.
West Bengal govt may ask Nokia Siemens Networks to vacate Kolkata factory land, post-July 31West Bengal govt has repeatedly urged Siemens to honour an earlier pledge of setting up an IT-cum-telecom park on the NSN factory land.
Nokia Siemens Networks to shut down Kolkata telecom factory on July 31Telecom equipment-maker Nokia Siemens Networks (NSN) will close down its fixed-line manufacturing facility in the city from July 31.
- Siemens Q2 net up 11% at Rs 304 crore
Siemens reported a 10.8% growth in its net profit at Rs 304 crore for the second quarter ended March 31 as against Rs 274.34 crore in the y...
- Nokia Siemens to cut 17,000 jobs worldwide
Nokia Siemens Networks will eliminate 17,000 jobs worldwide in its biggest cull to narrow the gap behind market leader Ericsson AB.
- Siemens India: Post revamp, co is on a roll, outlook bright
The outlook is promising considering that a good part of restructuring has been completed, which should help the company take advantage of ...
- SHL-Siemens share-swap ratio offers a fair deal
The merger of Siemens Healthcare Diagnostics (SHL) with Siemens is a logical extension of the ongoing business restructuring within Siemens...
- Stocks to watch: ONGC, Tata Steel, Tata Power, Mahindra Satyam, Siemens, Patni Computers
Crude oil prices extended their decline from the previous day to fall to $76 a barrel on Friday, as debt problems in Dubai rattled investor...
- Siemens posts strong results, tries to put scandal behind
Engineering giant Siemens posted unexpectedly strong results and orders on Wednesday and tried to turn the page on a scandal over which it ...
- Siemens to rejig its major international operations
German engineering group Siemens is planning to shake up its national entities and reorganise international operations into 20 regional cen...
- Siemens chief plans thousands of job cuts
The new head of German conglomerate Siemens plans thousands of job cuts as well as a drive to link the pay of top management closer to perf...
- Siemens in growth trajectory, rides robust order wave
Siemens India seems to be headed for a hat-trick with more than 50% sales growth. Its revenues for the year ended September ‘06 has risen 6...
- Schubert puts Siemens back on track
There is a high level of dynamism in the brand across categories like power equipment, health care systems and infrastructure. The company ...
- Nokia, Siemens to merge phone equipment units
Nokia and Siemens have agreed to combine the bulk of their telecom equipment businesses to create one of the biggest players in the industr...