Siemens Gamesa said on Wednesday that it is selling its power electronics arm to ABB, including its Indian assets for an undisclosed sum. The unit 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 will not be included in the agreement and will remain with Siemens Gamesa, it added.
Denne historien er fra December 19, 2024-utgaven av Mint New Delhi.
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Denne historien er fra December 19, 2024-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Only English please: Trump's order is more than symbolism
It's yet another arrow in the US president's anti-diversity quiver
Jaiprakash Associates must be sold as one unit: NCLT
The National Company Law Tribunal (NCLT) has directed that the resolution plans to acquire Jaiprakash Associates through the insolvency process should be invited for the entire company as a going concern and not by dividing its different business verticals.
Promotions to take a hit as India Inc. turns tightfisted
Companies to elevate fewer people, offer slimmer hikes this year amid global uncertainty
Cognizant on a tightrope as new challenge pops up
Globally, 243 activist campaigns were launched in 2024, highest since 2018, according to a Barclays report
Will Push for Comprehensive Trade Partnership with India
A head of his trip to India, New Zealand Prime Minister Christopher Luxon has said he will push for a comprehensive economic partnership with New Delhi and explore ways to strengthen bilateral security ties.
Fitch Cuts Adani Energy's Outlook
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
CleanMax, Osaka Gas Announce JV
Brookfield-backed firm CleanMax on Monday announced a joint venture partnership with Osaka Gas Group to develop a 300 megawatts (MW) renewable energy portfolio entailing an investment of ₹1,500 crore.
'Eternal' name gets shareholder nod
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing.
Sheinbaum Rallies Supporters in Response to Trump Threats
Tens of thousands from across Mexico gather in capital in a patriotic fiesta and show of unity
Formulate a plan to boost India's agricultural exports
Lowering tariffs to meet Trump's demands won't hurt if India can lift farm output and penetrate export markets
