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Siemens to acquire Mass-Tech Controls’ EV division for Rs 38 crore – EQ Mag

Siemens will acquire the Mumbai-based company for ₹38 crore Siemens Limited has announced that it will acquire the electric vehicle division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in design, engineering and manufacturing of a wide range of AC chargers and 30-300kW capacity DC chargers for EVs. The purchase consideration is ₹38 […]

SWELECT Energy to raise Rs 1.38 billion via debenture sales – EQ