Mr Verma, who became SAIL’s chairman in 2010, has steered the company of over one lakh employees through a massive modernization and expans...

According to him, the FDI proposal in retail had got trapped "because of partisan politics of opposition and in bruising turf battles".

Business leaders called upon global corporations to re-invent themselves and become socially responsible to survive in today's challenging ...

The German industrial group Siemens said on Wednesday that six more former directors would pay damages in connection with a wide-ranging co...

The pace of US job losses slowed in August as signs emerged that the recession is ending, while the unemployment rate reached a 26-year hig...

US lost 524,000 jobs in December, making last year’s collapse in employment the worst since the end of World War II and underscoring the se...

Aluminum producer Alcoa Inc is cutting roughly 13 per cent of its global work force by the end of the year as it slashes costs in the face ...

Engineering giant Siemens posted unexpectedly strong results and orders on Wednesday and tried to turn the page on a scandal over which it ...

Siemens AG said on Tuesday it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption sc...

Siemens will ask former CEO, Klaus Kleinfeld, chairman Heinrich von Pierer and nine other former officials to pay damages for failing to ha...

The decision by the court and the settlement with the tax authorities "conclude the German investigations into illegal conduct and tax viol...

Siemens, beset with at least three corruption investigations, was ordered by a German court to pay 38 million euros ($51 million) as two fo...

Siemens hired Goldman Sachs Group, Deutsche Bank and Morgan Stanley to manage the planned initial public offering of its VDO automotive par...

The chief executive of Siemens, Europe's biggest engineering company, said on Wednesday he would leave his post this year to allow the comp...

Siemens, Europe’s largest engineering company, will combine its unprofitable computer-services division with software development subsidiar...

Siemens said it will defer an executive pay hike and contribute the proceeds to a e35m ($44.3m) fund to help employees of its former cell p...