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Switch Mobility and Siemens MoU to cost-effective e-mobility solutions
As part of the MOU, Siemens Financial Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mobility Private Ltd., the eMaas platform company to be formed as a subsidiary of Switch Mobility Automotive Ltd.Read more
Siemens, BMZ, and MSDE launch technical education initiative IGnITE
Indo-German Initiative for Technical Education (IGnITE) aims at developing highly qualified technicians based on the German Dual Vocational Educational Training (DVET) model with a focus to make them industry and future ready. IGnITE aims to help develop around 40,000 skilled workforce by 2024Read more
Siemens acquires C&S Electric for Rs 2100 cr to meet increasing electrification
In order to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. has signed an agreement to acquire New Delhi-based C&S Electric Limited.Read more
Siemens to acquire C&S Electric in India to meet increasing electrification
This acquisition addresses rising demand for low-voltage power distribution in India. Siemens will acquire 99 per cent of C&S Electric Ltd. from its promoters.Read more
Siemens registers 15.7 per cent growth in revenue for Q1 FY19
The company’s PAT is up by 19.7 per cent at Rs 228 croreRead more
