What drives the Indian stock market â fundamentals or policy?
November 15th, 2023 14:27
The Indian stock market and its movement is impacted by a variety of factors, both global and domestic. The general assumption that the stock market depends upon GDP growth stemming from economic growth doesnât hold true in India
Siemens AG to buy Siemens Energy's stake in Indian unit for €2.1 billion
November 15th, 2023 13:27
"This would increase Siemens’ stake in the publicly listed Siemens Ltd India from 51% to 69%, while Siemens Energy’s stake would decrease from 24% to 6%. With the intended acquisition, Siemens and Siemens Energy accelerate unbundling the business activities of the Indian subsidiary of Siemens," the company said in a statement.
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