In its report dated May 19, Jefferies stated: “While this is not a meaningful segment for Siemens’s growth prospects in transmission and railways, it has led to implied loss for investors as it was sold at lower EV/ sales.” The brokerage said the unit accounted for 7% of Siemens India’s FY22 sales and 9% of its profits.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable
March 16, 2026