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Siemens AG likely to buy CD-adapco for nearly Rs 6,778 crore

2016-01-25 15:51:50| Telecom - Topix.net

Siemens and its subsidiaries employ approximately 362,000 people worldwide and reported global revenue of around $71.9 billion in 2014. Siemens AG, the German multinational conglomerate company and Europe's biggest industrial group, is likely to announce buying of CD-adapco, a privately held US engineering software firm, for close to $1 billion in cash.

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CarTrade secures Rs 950 crore funding for expansion in online auto industry

2016-01-13 10:09:52| Auto Dealers - Topix.net

MUMBAI: Indian online auto classifieds platform CarTrade has raised Rs 950 crore led by Temasek, an investment company based in Singapore, and March Capital, a global venture investment firm. Existing investor Warburg Pincus, a private equity firm focused on growth investing, also participated in the process.

Tags: online auto industry expansion

 
 

Cognizant Commits Support of $40 Million (Rs 260 crore) to Flood...

2015-12-08 08:21:01| IT Services - Topix.net

Direct grants to NGOs, including AmeriCares India, and other charitable and relief organizations providing healthcare, housing and other support in the city Direct health initiatives and other community programs to help prevent the spread of disease and assist in the rebuilding of communities within Cognizant also plans to sponsor and fund additional initiatives through Cognizant Foundation, which spearheads the company's corporate social responsibility initiatives in is home to tens of thousands of our employees and their families. We are committed to helping with the large challenge of rebuilding the city and addressing the health, safety and housing needs of the residents of .

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Tata Motors reports nearly INR 428 crore loss in net profit for second quarter of FY 015-16

2015-11-08 08:00:29| Automakers - Topix.net

Homegrown auto major Tata Motors has reported a consolidated net loss of INR 427.79 crore due to poor domestic performance and Jaguar Land Rover 's weaker sales in China, foreign exchange revaluation and higher depreciation and amortisation expenses in the British arm. The company had reported a consolidated net profit of INR 3,290.86 crore in the same quarter of the previous fiscal.

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Tata Motors Q2 consolidated net loss at Rs 429.76 crore

2015-11-06 16:00:06| Automakers - Topix.net

Tata Motors Ltd on Friday reported a 4.3 billion rupee net loss in the July to September quarter, hit by a one-time charge and slowing sales in China, once its fastest growing market. Tata Motors Ltd on Friday reported a 4.3 billion rupee net loss in the July to September quarter, hit by a one-time charge and slowing sales in China, once its fastest growing market.

Tags: net loss motors consolidated

 

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