Siemens Energy India shares are set to debut on the stock market following its demerger from Siemens. Analysts predict substantial growth, projecting a 40% CAGR in earnings until FY27. With a potential market capitalization exceeding USD 10 billion, it could become India’s largest T&D equipment player. Strong order books, capacity expansion, and government T&D projects fuel optimism.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while