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“Unless we positively discriminate, we won't be able to make a difference,” says Sunil Mathur, the Managing Director (MD) and Chief Executive Officer (CEO) of Siemens Limited, India, at ET Prime Conversations—part of the ET Prime Women Leadership Awards (ETPWLA) 2023 edition. Mathur deep dives into gender diversity as he acknowledges the reality of unconscious biases and urges for a commitment to hire, train, nurture, and promote women against all odds and beyond the official mandate to stir a culture of inclusive workplace from the top down.
A sombre mood in global markets could dampen the spirits of bulls back at home.
At least three brokerages have downgraded the price target and lowered the rating after the company announced a deal to sell its low voltage motors and geared motors businesses to an arm of its German parent.
Chennai, May 19: In a sale and purchase transaction, Siemens Ltd on Friday said it has decided to sell its low voltage motors and geared motor business for Rs 2,200 crore and buy the electric vehicle (EV) division of Mass-Tech Controls Private Ltd for Rs 38 crore.