Motor Industries Company Ltd (MICO) has been renamed Bosch Ltd. Mr V.K. Viswanathan, the Joint Managing Director, will take over as the new managing director of the company from February this year. According to a notice to the Bombay Stock Exchange, the EGM today decided to change the name subject to necessary Government approvals. […]
Sensing huge opportunities in the rapidly-growing Indian auto market, German major Bosch has decided to step up its investment in the country and expand its local development and manufacturing activities.
“The company, which will have invested over Rs 1,800 crore between 2005 and 2008, will now invest additional Rs 850 crore by 2010,” Bernd Bohr, member […]
It was contained in one of the several presentations made at the Bosch Group’s 58th annual international automotive Press briefing.
President of the Gasoline Systems Division, Robert Bosch, Wolf-Henning Schneider said it as matter-of-fact.’ Our latest success is an order to supply alternators, brakes, and gasoline and diesel management systems for the one lakh car from […]
Germany’s Robert Bosch GmBH has raised its open offer price by 15 percent to buy an additional 20 percent in its India unit Motor Industries Co. Ltd. (MICO) , managers Citigroup said on Wednesday.
The offer, to buy 6.4 million shares, is now priced at Rs 4,600 ($112) per share, up from the Rs 4,000 announced […]