Sunil Mathur, Managing Director & CEO, Siemens
POWER & RENEWABLE ENERGY

Sunil Mathur, Managing Director & CEO, Siemens

Under the guidance of Sunil Mathur, Managing Director & CEO, Siemens, the flagship company of Siemens AG in India acquired around 99.22 per cent of the equity share in electrical equipment manufacturer C&S Electric in India from its promoters for Rs.21 billion. The company closed the acquisitio...

Under the guidance of Sunil Mathur, Managing Director & CEO, Siemens, the flagship company of Siemens AG in India acquired around 99.22 per cent of the equity share in electrical equipment manufacturer C&S Electric in India from its promoters for Rs.21 billion. The company closed the acquisition after receiving regulatory approval from the Competition Commission of India (CCI) in August 2020. The acquisition is expected to help Siemens address the competitive infrastructure low-voltage market in India while creating a manufacturing hub to source low-voltage products for export to competitive markets globally. Siemens India focuses on power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalisation in the process and manufacturing industries. It also provides smart mobility solutions for rail, road transport and infrastructure solutions for smart cities. C&S produces a range of electrical switchgear, power protection and electrical distribution products.

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Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

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Hansgrohe unveils LavaPura Element S e-toilets in India

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Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

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