Siemens board approves demerger of energy biz into separate listed entity
Shareholders of Siemens will receive one share of Siemens Energy India for every one share of Siemens.
Shareholders of Siemens will receive one share of Siemens Energy India for every one share of Siemens.
Siemens AG to buy 18% stake in India JV from Siemens Energy AG for ₹18,968 cr
Deal to strengthen the balance sheet of energy arm Siemens Energy and will have no impact on its India operations
In a boost to Make in India, Siemens India will make and maintain 1,200 high horsepower (9,000 HP) electric freight locomotives at the railways' factory at Dahod, Gujarat.