Page 3 - Siemens

Siemens, Tata Power-DDL deploy smart metering tech in north Delhi

Siemens and Tata Power Delhi Distribution Ltd (Tata Power-DDL) have jointly announced deployment of smart metering technology for over two lakh smart meters in north Delhi. "Siemens Ltd and Tata Power Delhi Distribution Ltd jointly announced the successful deployment of smart metering technology for over 2,00,000 smart meters in north Delhi," Siemens said in a statement. The state-of-the-art EnergyIP Meter Data Management System, installed and commissioned by Siemens, enables timely and accurate collection of electricity meter data, leading to increased visibility of the consumer network and reduction in carbon emissions. The AMI (advanced metering infrastructure) programme is one of Tata Power-DDL's key strategic initiatives for the modernisation of the grid. This implementation will help the consumers in real-time consumption monitoring and better energy usage management while also providing them outage and low power factor alerts. It will also enable faster outage ...

Siemens posts multiple jump in PAT to Rs 162 crore for June quarter

Siemens Ltd on Tuesday said its standalone profit after tax (PAT) saw a multifold jump to Rs 162 crore during the quarter ended June 30, 2021, boosted by higher revenues

Siemens surges 10%, hits new high on strong March quarter results

Siemens registered new orders from continuing operations of Rs 3,309 crore, registering a 16.9 per cent increase over the same period last year

Siemens' consolidated net profit rise 90% at Rs 334 cr in March quarter

Siemens posted an over 90 per cent rise in consolidated net profit at Rs 334.4 crore for the March quarter, mainly on the back of higher revenues

How Covid-19 is accelerating digital manufacturing for factories in India

The ecosystem for digital manufacturing in India isn't yet as complex as it is in the West or China but is developing breadth and depth

Siemens ties up with Hinduja Group for electric vehicle charging infra

Siemens Limited and the Hinduja group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment

Siemens gains 4% on signing MoU with Ashok Leyland for E-Mobility solutions

The MoU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial vehicle customers in India

Govt trying to construct e-highway on Delhi-Mumbai Expressway: Gadkari

'We are trying to build 'e-highway' on the 1,300-km highway between Delhi and Mumbai,' Gadkari said

Private sector's cost efficiency drive aiding Siemens' profitability

Acquisition of C&S Technologies is seen margin accretive and will augment exports

Siemens December-quarter net profit up over 11% at Rs 295 crore

The jump in profit came mainly on the back of higher revenues

CCI approves acquisition of Varian Medical Systems by Siemens Healthineers

The Competition Commission of India (CCI) on Wednesday said it has given nod to acquisition of 100 per cent shares and sole control of Varian Medical Systems by Siemens Healthineers. As per a combination notice filed with the regulator, the transaction relates to the acquisition of 100 per cent shares of common stock and sole control of Varian by Siemens Healthineers Holding I GmbH, which is a wholly-owned subsidiary of Siemens Healthineers AG. The proposed transaction will bring together Siemens Healthineers' imaging equipment and Varian's oncology treatment solutions, allowing for a more innovative, efficient and comprehensive oncology solutions provider, the notice said. It will benefit cancer patients with improved treatments with the goal of ultimately turning cancer into a manageable disease, which is the driving rationale for the proposed transaction, it added. "Commission approves acquisition of 100% shares & sole control of Varian Medical Systems by Siemens Healthineers,"

Siemens reports stronger than expected results, to review outlook

The trains-to-factory software maker said it would review its outlook for fiscal 2021 when it publishes its first-quarter earnings in full on Feb. 3.

Ola to build Rs 2,400-crore EV manufacturing facility with Siemens

To set up global AI-powered facility in Tamil Nadu, according to a prior deal

Ola partners with Siemens for electric vehicles manufacturing facility

The manufacturing facility is coming up in Tamil Nadu

Siemens trades near record high on strong outlook; surges 25% in two months

The management has indicated that the automotive segment continues to face headwinds especially in passenger vehicles and commercial vehicle segment and going ahead sees recovery to be very gradual

Top headlines: Stalemate over farm laws continues, HCL Q3 net profit up 31%

Business Standard brings you top news of the evening

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

The litigation is the latest legal battle involving the corporate rivals, which have squared off in lawsuits over patent infringement as recently as last year

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

General Electric accused a Siemens Energy subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying gas turbines to public utilities, and cover-up improper business gains

Siemens rallies 8% on good operational performance in September quarter

The EBITDA (earnings before interest, taxes, depreciation, and amortisation) margin improved 180 basis points (bps) YoY to 12.9 per cent, largely led by a 210bp YoY expansion in gross margins.

Siemens Sept quarter profit slips 5% to Rs 333 cr on higher expenses

The company's board recommended a dividend payment of Rs 7 per equity share of Rs 2 each.