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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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
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