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New Delhi, Dec 17 (PTI) The initial public offering of KSH International Ltd, a manufacturer of magnet winding wires, received 26 per cent subscription on the second day of the share sale on Wednesday. The IPO received bids for 35,24,118 shares against 1,36,16,438 shares on offer, as per NSE data. The category for retail individual investors (RIIs) fetched 46 per cent subscription, while the quota for non-institutional investors subscribed 13 per cent. KSH International on Monday said it has ...Read More >
New Delhi [India], October 27 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will visit Brussels, Belgium, on 27-28 October 2025, to hold high-level discussions with Maros Sefcovic, Executive Vice-President and European Commissioner for Trade of the European Union, the Union Ministry of Commerce and Industry informed. The visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, bal ...Read More >
New Delhi [India], October 27 (ANI): Union Minister of Commerce and Industry, Piyush Goyal, will visit Brussels, Belgium, on 27-28 October 2025, to hold high-level discussions with Maros Sefcovic, Executive Vice-President and European Commissioner for Trade of the European Union, the Union Ministry of Commerce and Industry informed. The visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, bal ...Read More >
New Delhi [India], October 25 (ANI): Union Minister of Commerce and Industry Piyush Goyal met Anne-Laure Parrical de Chammard, Member of the Executive Board of Siemens Energy, in Berlin to explore ways to enhance cooperation in developing reliable, affordable and sustainable energy systems. The discussions underlined India's consistent focus on clean energy and its commitment to global partnerships that support the nation's transition towards a low-emission and sustainable future. Sharing detai ...Read More >
BHUBANESWAR: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company's ambitious USD 20-billion aluminium project. Vedanta has already committed Rs 1.27 lakh crore investment for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal district and Rs 1 lakh crore investment for a 6 MTPA refinery in Rayagada district. In a letter to the chief minister, Agarwal s ...Read More >
New Delhi: Deal making activity involving India has touched a three-year high, with disclosed deal value reaching $109.9 billion in the first nine months of 2025, a new report said on Wednesday. According to a report by the London Stock Exchange Group (LSEG), this marks a 72 per cent increase compared to last year, making it the highest January-September total since 2022. Target India M&A activity stood at $91.2 billion, up nearly 57 per cent year-on-year (YoY). Domestic deals grew 81 per cen ...Read More >
BusinessWire India Bengaluru (Karnataka) [India], September 26: L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in AI, Digital & ER&D Consulting Services, announced an expanded partnership with Siemens Limited, a leading technology company focused on industry, infrastructure and mobility. This collaboration aims to advance Machine & Line Simulation and IIoT Technology, setting a new benchmark for innovation within LTTS' Sustainability segment, which encompasses Process Enginee ...Read More >
New Delhi [India], August 22 (ANI): The Ministry of Electronics and Information Technology (MEITY) announced on Friday that the government may unveil two to three small semiconductor projects in the coming period, as the nation's ambitious semiconductor manufacturing program gains momentum. Secretary S Krishnan, responding to queries from ANI, revealed that leftover funds from the India Semiconductor Mission 1.0 could potentially accommodate these additional projects. The government's Rs 76,00 ...Read More >
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability. The three-year safeguard duty on steel imports by Directorate General of Trade Remedi ...Read More >
Bengaluru's long-awaited Yellow Line is finally nearing its launch, with the Bangalore Metro Rail Corporation Limited (BMRCL) receiving a critical safety certification for its train and signalling systems. According to a report by Deccan Herald, the Independent Safety Assessment (ISA), mandatory for driverless train operations, was submitted to BMRCL on Thursday evening. The certification was issued by Italcertifer, a state-owned Italian firm tasked with evaluating the safety of the system. "W ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, wit ...Read More >
Hyderabad, Jul 19 (PTI) India's electronics exports have soared past USD 40 billion, marking an eight-fold growth during the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday. He also highlighted that the domestic electronics production has gone up by six times. Addressing the 14th Convocation of IIT Hyderabad, near here, Vaishnaw also emphasised the rapid progress of India's first bullet train project, which is expected to become operational by August or September 2027. Looking ...Read More >
New Delhi, July 18: Sri Lanka Cricket (SLC) is exploring the possibility of hosting India for a white-ball series in early August, taking advantage of a rare opening in both nations' schedules. Final discussions are expected to take place this week on the sidelines of the ICC meetings in Singapore. This follows after the Bangladesh Cricket Board (BCB) and the Board of Control for Cricket in India (BCCI) mutually agreed to defer the white-ball series, three ODIs and three Twenty20 Internationals, ...Read More >
BALASORE: In a heart-wrenching incident, a man was forced to carry his 17-year-old daughter's body on a trolley rickshaw for around 7 km to a community health centre in Balasore's Baliapal for postmortem after reportedly failing to afford an ambulance. Asha Bindhani, a minor girl suffering from mental illness, reportedly died by suicide on Thursday afternoon in Deula village under Baliapal police limits. After spotting her, locals informed her father Madhu Bindhani and the police. Madhu, a dai ...Read More >
BENGALURU: Namma Metro's Yellow Line has finally received the much-awaited Independent Safety Assessment (ISA) report, which now allows the Bangalore Metro Rail Corporation Ltd (BMRCL) to call for a Commissioner of Metro Railway Safety (CMRS) inspection. The certification was issued by an Italian state-run agency in collaboration with Siemens India Ltd-Siemens AG, the signalling contractor for the Yellow Line, on Thursday. The ISA report was delayed due to technical glitches discovered during ...Read More >
IndiQube Spaces, a workplace solutions company, is launching its IPO. The IPO will open on July 23 and close on July 25. The price is fixed between Rs 225 to Rs 237 per share. The company plans to raise Rs 700 crore. They will use the funds for expansion and debt repayment. The company manages properties across 15 cities. Workplace solutions company IndiQube Spaces on Friday fixed a price band of Rs 225 to Rs 237 per share for its Rs 700-crore initial public offering (IPO). The IPO of the Beng ...Read More >
New Delhi: Workplace solutions company IndiQube Spaces on Friday fixed a price band of Rs 225 to Rs 237 per share for its Rs 700-crore initial public offering (IPO). The IPO of the Bengaluru-based firm will open for public subscription on July 23 and conclude on July 25. The bidding for anchor investors will open for a day on July 22, the company announced. At the upper end of the price band, the company's valuation is nearly Rs 5,000 crore. The company is raising Rs 650 crore through issuanc ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped insi ...Read More >
New Delhi: There is an update about the Ahmedabad-Mumbai bullet train project. Railway officials have said that E5 models of Japanese Shinkansen trains will be used in this project. These E5 models will be used for trial runs in the Gujarat section in 2026-27. After this India will buy E10 models. These will be even more modern. E10 Shinkansen trains are likely to start simultaneously in India and Japan in 2030. E10 is also called Alpha X. It can run at a speed of 400 km per hour. That is, the ...Read More >
NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitte ...Read More >
NEW DELHI: The E5 variant of Japanese Shinkansen trains will be used for trial runs in the Gujarat section of the Ahmedabad-Mumbai bullet train project in financial year 2026-27, railway officials have said. India will subsequently buy the state-of-the-art E10 variants, which will be rolled out in India and Japan simultaneously. E10 Shinkansen trains are likely to be launched in 2030.The country's first bullet train project is progressing well, a senior railway ministry official said. "Only Japa ...Read More >
New Delhi, Dec 18 (PTI) Siemens Gamesa on Wednesday announced selling its power electronics business to ABB which includes assets in India for an undisclosed amount. The business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries, Siemens Energy said in a statement. The generators business of Gamesa Electric is not included in the agreement and remains with Siemens Gamesa, it said. "Siemens Gamesa has reached an agreement to sell its pow ...Read More >
The smoke grenade market size is projected to reach US$ 456.46 million by 2031 from US$ 297.24 million in 2023. The market is expected to register a CAGR of 5.5% during 2023-2031. Upgrading military vehicles with enhanced smoke grenade launching systems is likely to bring a new key trend in the market in the coming years. The smoke grenade market is growing steadily and is primarily driven by the military and defense sector, as well as law enforcement and emergency services. Smoke grenades ar ...Read More >
Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 8.69 per cent and 3.41 per cent, respectively.The share price of Siemens Ltd. 0.4 per cent to Rs 7591.50 at 11:59AM (IST) in Monday's trade. The scrip has hit a high of Rs 7647.95 and low of Rs 7529.70 so far during the session. The stock had closed at Rs 7560.95 in the previous session. The counter has had a total traded volume of 6308 shares so far with a value of Rs 4.79 crore on the NSE. ...Read More >
The business reported a 45 per cent increase in net profit to Rs 775 crore on Tuesday for the July-September quarter over the same period last year due to higher revenues. Siemans India Shares zoomed more than 5 per cent on NSE (National Stock Exchange), after the company declared their quarterly earnings for July September quarter, which revealed their PAT (profit after tax) jumped 45 per cent. The siemens share price touched intraday high of Rs 7,622.95 per share on NSE (National Stock Excha ...Read More >
Organizations rate artificial intelligence (AI) as most impactful technology for decarbonization and resource efficiency Siemens Smart Infrastructure has published a new report entitled "Digital Transformation, Sustainable Returns: The New Pathway of Infrastructure". It is based on a survey of 650 senior executives and explores how digitalization can be harnessed to accelerate decarbonization and transform the world's infrastructure - particularly in energy, buildings and industrial operations. ...Read More >
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