close
close

Siemens subsidiary in India wants to spin off energy business as an independent company


Siemens subsidiary in India wants to spin off energy business as an independent company

BENGALURU (Reuters) – Indian conglomerate Siemens Ltd. said on Tuesday it would spin off its energy business into a separate, listed company to focus on core businesses that meet the demands of shareholders of German parent Siemens AG. Siemens Ltd had announced in December 2023 that it was considering a spin-off of its energy business […]