Siemens exceeds expectations despite China weakness

Last Updated: Thursday, July 30, 2015, 15:22

German trains-to-turbines group Siemens beat expectations for its third-quarter results and stuck to its full-year outlook on Thursday despite weakness in China.

Siemens exececutive says pricing pressures still high in turbine market

Last Updated: Friday, July 10, 2015, 09:00

German industrial company Siemens AG has not seen an easing in pricing pressures in the gas-fired turbine market, the head of the company`s energy business said on Thursday.

Siemens bags Rs 55 cr order from Algerian firm

Last Updated: Thursday, May 28, 2015, 17:53

Siemens Ltd Thursday said it has bagged an order worth about Rs 55 crore for supply of high voltage circuit breakers from an arm of the state-run Sonelgaz Group of Algeria.

High Court did not admit Siemens' petition: Gujarat NRE

Last Updated: Monday, May 11, 2015, 13:58

Siemens has wrongfully filed a winding up petition against the company before the High Court at Calcutta on account of a dispute.

NSA asked Germany to spy on tech giant Siemens: Report

Last Updated: Sunday, May 10, 2015, 17:42

The US intelligence agency NSA asked its German partner service BND to spy on the European country`s engineering and technology giant Siemens, a German newspaper reported Sunday.

Siemens says to cut 4,500 jobs worldwide

Last Updated: Thursday, May 7, 2015, 11:11

Some 2,200 of the latest job cuts will be in Germany, said the Munich-based firm that employs more than 300,000 people in all.

Siemens healthcare unit probed by China regulator for bribery: Sources

Last Updated: Sunday, May 3, 2015, 10:39

China`s State Administration for Industry and Commerce (SAIC) accused Siemens and its dealers of having violated competition law by donating medical devices in return for agreements to exclusively buy the chemical reagents needed to run the machines from Siemens, the people said.

Siemens chance 'digital' mantra in Make in India push

Last Updated: Sunday, April 19, 2015, 16:11

Aiming to be a key stakeholder in the Modi government's 'Make in India' campaign, Siemens is pushing ahead with digitalisation drive to help its Indian customers keep a competitive edge in the global market.

Egypt conference agrees billions in investments

Last Updated: Saturday, March 14, 2015, 22:35

Egypt had signed investment deals worth billions of dollars by Saturday, the second day of a three-day conference aimed at reviving the country`s troubled economy.

Siemens signs `4 bn euro` power deal with Egypt: company

Last Updated: Saturday, March 14, 2015, 22:23

German conglomerate Siemens has signed a "four billion euro" power deal with Egypt, a company spokesperson said on Saturday.

Siemens settles long-running dispute with Mexico's Pemex

Last Updated: Saturday, March 14, 2015, 09:33

Germany`s Siemens AG said on Friday it settled a longstanding dispute with Mexican state oil company Pemex over two public contracts linked to a South Korean company.

Tatas, Adani, 7 others show interest in airport projects

Last Updated: Wednesday, February 11, 2015, 17:30

Nine private firms including Tata and Adani groups have shown interest in operating, managing and developing four state-run airports in the country, official sources said.