TPG-led consortium set to acquire Siemens Gamesa Renewable Power for $500-550 millionTPG, along with Vellayan Subbiah and Prashant Jain, is set to acquire Siemens Gamesa Renewable Power's Indian wind energy assets for $500-5...
25 Mar, 2025, 07.08 AM IST
TPG is said in advanced talks to buy Siemens Gamesa India assetsTPG Inc. is in advanced discussions to acquire the Indian wind energy assets of Siemens Gamesa, potentially valuing them at over $300 milli...
26 Nov, 2024, 09.24 AM IST
Sembcorp files suit against Siemens Gamesa over unsettled arbitrationSembcorp's India unit has filed a lawsuit in a Bengaluru court to prevent Siemens Gamesa from selling its Indian business assets before set...
26 Jun, 2024, 03.50 PM IST
Siemens India to spinoff energy operationsSiemens Ltd. has approved a proposed demerger of its energy business into a separate unit, with the Indian unit of the German engineering f...
18 Dec, 2023, 02.49 PM IST
Siemens AG to acquire 18% stake in Siemens India for €2.1 billionSiemens has also agreed with Siemens Energy for indirect financial measures worth €1 billion, to allow third parties to arrange guarantees ...
16 Nov, 2023, 12.29 AM IST
Siemens demerger: What the investors need to know“It would be more of a legal demerger process and maybe internally, they have outlined December 25 as a timeline. But what the announcement...
15 Nov, 2023, 03.01 PM IST
Siemens Ltd Demerger: Siemens AG to buy Siemens Energy's stake for €2.1 billion"This would increase Siemens’ stake in the publicly listed Siemens Ltd India from 51% to 69%, while Siemens Energy’s stake would decrease f...
15 Nov, 2023, 01.25 PM IST
Siemens to pick Siemens Energy's stake in India JV at 15% discountSiemens AG intends to buy an 18% share from Siemens Energy in their Indian joint venture Siemens Ltd for €2.1 billion ($2.28 billion), at a...
15 Nov, 2023, 12.23 PM IST
World’s top renewable firms reel even as installations surgeSome of the largest wind turbine and solar panel manufacturers are seeing their most serious financial challenges in years even as deployme...
03 Nov, 2023, 09.32 AM IST
Siemens Energy weighs sale of stake in Indian firm to Siemens -sourcesBloomberg, which first reported the possible stake sale, said Siemens Energy may announce the divestment of shares in Siemens Ltd as early ...
31 Oct, 2023, 10.59 AM IST
Wind 'Turbinegeddon' is a troubling climate omenThe wind industry is entrapped by a variety of troubles instead of flying high.
08 Aug, 2023, 10.05 AM IST
German shares lead Europe higher on M&A cheerThe pan-European STOXX 600 index was up 1.2% by 0720 GMT, after posting its fifth weekly loss in six weeks as investors fled riskier assets...
23 May, 2022, 02.45 PM IST
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...
02 Feb, 2021, 12.08 PM IST
Siemens AG elevates CTO Roland Busch as CEO with aim to push digital businessGerman engineering major Siemens AG has appointed Roland Busch as president and chief executive officer of its global operations as a part ...
20 Mar, 2020, 08.35 AM IST
German parent’s job cut plans to hit Siemens IndiaSiemens will cut 15,000 jobs globally; it has 19,000 employees in India.
01 Oct, 2013, 06.08 AM IST
Siemens bags Rs 271 crore order from Rashtriya Ispat NigamVizag steel plant's modernisation is a part of the expansion project which is intended to boost annual pig iron production to 7.3 million t...
30 Sep, 2013, 01.03 PM IST
- CCI approves Winergy Drive Systems' amalgamation with Siemens Ltd
CCI has approved the proposed amalgamation of wind mill equipment maker Winergy Drive Systems India with diversified entity Siemens Ltd.
21 Sep, 2012, 08.31 PM IST