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India’s Siemens to explore energy business spin-off, shares jump to record high – EQ

In Short : Siemens, the German multinational conglomerate, is reportedly exploring the possibility of spinning off its energy business. The decision has led to a surge in the company’s shares to a record high. This strategic move may indicate Siemens’ focus on reshaping its portfolio to align with evolving market dynamics and trends in the […]

India on track to become $35 trillion, fully developed economy by 2047: Goyal – EQ

Siemens net profit down 12.4% to Rs 571 crore in September quarter – EQ

In Short : Siemens’ net profit for the September quarter has decreased by 12.4% to Rs 571 crore. This decline in net profit signals a decrease in the company’s earnings compared to the same period in the previous year. In Detail : Siemens in India reported a 12.4 per cent dip in its net profit […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Siemens to acquire Mass-Tech Controls’ EV division for Rs 38 crore – EQ Mag

Siemens will acquire the Mumbai-based company for ₹38 crore Siemens Limited has announced that it will acquire the electric vehicle division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in design, engineering and manufacturing of a wide range of AC chargers and 30-300kW capacity DC chargers for EVs. The purchase consideration is ₹38 […]

RenewSys plans Rs 6,000cr investment in Telangana – EQ

Siemens rallies after emerging as the lowest bidder for manufacturing 1,200 electric locomotives – EQ Mag

On Wednesday, the stock opened at Rs 2806 and touched a high and low of Rs 2926 and Rs 2806, respectively. At 10 am, the shares of Siemens were trading at Rs 2902.55, up by 136.15 points or 4.92% from its previous closing of Rs 2766.40 on the BSE. Siemens was the lowest bidder for […]

RenewSys plans Rs 6,000cr investment in Telangana – EQ

Siemens, others call for only zero-emission freight trucks to be sold in EU – EQ Mag

More than 40 manufacturers, shippers and industry groups including Siemens, Maersk and Unilever called on the EU on Thursday to mandate that all freight trucks be zero-emission models by 2035. In a letter published on Thursday the group said its signatories “urge the European Commission to set all new freight trucks on a path to […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

We are capable of installing passenger EV charging infra in India: Siemens – EQ Mag Pro

As the Indian government pushes for electric vehicle (EV) adoption and installing the public charging infrastructure, German industrial manufacturing major Siemens has stressed that it has proven capabilities to help the government realise its passenger EV mobility dream too. The company is currently working on the commercial EV mobility side in India, working with leading […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

Siemens’ new home EV charger adapter ends need for electrical panel upgrades – EQ Mag Pro

Siemens and Philadelphia-based ConnectDER have partnered to roll out a groundbreaking simple home EV charger connector. Previously, homeowners who wanted to install EV chargers might have had to spend thousands of dollars to modify their home’s electrical panel. This new proprietary plug-in adapter will eliminate that cost and allow installation and connection in minutes. Siemens’ […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

Tata Power Delhi Distribution Limited and Siemens ink partnership for capacity building training in Power Distribution Sector – EQ Mag Pro

• Aims to create a pool of skilled workforce for discoms • The training programs under the partnership will be designed in accordance with new and emerging technologies Tata Power Delhi Distribution Limited, a pioneering power distribution utility, supplying electricity to a populace of over 7 million in North Delhi, signed a Memorandum of Understanding […]

RenewSys plans Rs 6,000cr investment in Telangana – EQ

Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 (“Listing Regulations”) – EQ Mag Pro

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ReNew Announces Results for the Third Quarter and Nine Months of Fiscal Year 2024: Increases the bottom end of Adjusted EBITDA guidance for FY24 by 2% – EQ