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Archive for the 'mico' Category

MICO is now Bosch Ltd

Published January 8th, 2008 in mico. 0 Comments

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. More

Bosch plans to invest Rs 850 cr in India; to rename MICO

Published December 6th, 2007 in mico. 0 Comments

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 of the Bosch Board of Management and Chairman of the Automative Group, told a press conference here today. More
Courtesy:economictimes.indiatimes.com

MICO gets key order for Rs 1 lakh car

Published August 6th, 2007 in Tata Motors and mico. 0 Comments

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 Tata.’ More
Courtesy:www.indiacar.net

Robert Bosch ups MICO India offer price by 15 pc

Published June 27th, 2007 in mico. 0 Comments

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 earlier. More
Courtesy:economictimes.indiatimes.com

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