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Bosch invests $2 mn in urban mobility startup Routematic

TMT

10 November, 2020

Bosch invests $2 mn in urban mobility startup Routematic

Nivaata Systems Pvt. Ltd, which operates the daily commute-focussed urban mobility startup Routematic, has raised $2 million (Rs 14.83 crore ......

Govt wants auto companies to cut royalties to foreign parents

Manufacturing

18 August, 2020

Govt wants auto companies to cut royalties to foreign parents

India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of ......

Govt plans incentives for auto companies to boost exports

Manufacturing

29 June, 2020

Govt plans incentives for auto companies to boost exports

India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in ......

India's auto and pharma sectors not ready to wean off China

Manufacturing

26 June, 2020

India's auto and pharma sectors not ready to wean off China

Days after a border clash with China this month in which 20 Indian soldiers were killed, New Delhi told firms ......

World may have hit peak car output, says Bosch as lower India demand hits earnings

Manufacturing

29 January, 2020

World may have hit peak car output, says Bosch as lower India demand hits earnings

Global automotive production may have peaked, auto supplier Robert Bosch said on Wednesday, announcing job cuts and a review of ......

Bosch's Indian unit begins restructuring as auto sector slowdown bites

Manufacturing

13 August, 2019

Bosch's Indian unit begins restructuring as auto sector slowdown bites

India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening ......