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Himel wins big at the 10th edition of Global Brands Magazine Awards

/PRNewswire/ The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), an international publication headquartered in the UK. The. ....

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Global Brands Publications Limited: Himel wins big at the 10th edition of Global Brands Magazine Awards

Global Brands Publications Limited: Himel wins big at the 10th edition of Global Brands Magazine Awards
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Siemens buys out C&S Electric for Rs 2,100 cr

Siemens buys out C&S Electric for Rs 2,100 cr
ANI |
Updated: Mar 01, 2021 15:06 IST
Mumbai (Maharashtra) [India], March 1 (ANI): Siemens Ltd, the flagship listed company of Siemens AG in India, said on Monday it has acquired 99.22 per cent stake of C&S Electric Ltd from its promoters for Rs 2,100 crore.
The acquisition will address rising demand for low-voltage power distribution in India. Apart from gaining access to the Indian market, the transaction is also aimed at creating an export hub, Siemens said in a statement.
The regulatory approval from Competition Commission of India (CCI) was received in August last year, it added. ....

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