Bosch India

New guidelines, higher M&HCV demand to drive gains for Bosch stock

Strong volume growth in its core segments of M&HCV/tractors should help keep the sales trajectory elevated

Guruprasad Mudlapur appointed as Managing Director of Bosch Group in India

Auto components major Bosch Ltd on Wednesday announced leadership changes with Guruprasad Mudlapur appointed as its Managing Director, and President of the Bosch Group in India with effect from July 1, 2023. He will succeed Soumitra Bhattacharya who will be retiring from Bosch India effective June 30, 2023, after 28 years of service in various capacities, the company said in a regulatory filing. Further, Bosch said from July 1, 2023, Sandeep Nelamangala, currently, Executive Director at Bosch Ltd and Executive Vice-President, Mobility Solutions at Bosch India, will be appointed as Joint Managing Director of Bosch Ltd. Mudlapur will be responsible for the strategic growth and overall performance of the business in the region. At the same time, he will continue to be chief technology officer for Bosch Ltd, it added. He has more than 15 years of experience in the Bosch Group and has held various positions in engineering and business management. Most recently, he was joint managing ...

Bosch's India unit reports 36% jump in profits, warns of "challenging 2023"

Bosch Ltd, the Indian unit of German automotive supplier Bosch, on Tuesday warned of a "challenging 2023" amid growing fears of recession, after reporting a 36% jump in third-quarter profit.

Bosch to invest over Rs 200 crore in India's auto sector in next 5 years

Bosch will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space

Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%

Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock

Stocks to watch: Maruti Suzuki, Airtel, Hind Copper, IHCL, SAIL, UPL, Lupin

Stocks to watch today: Maruti Suzuki launched refurbished version of popular compact SUV - Brezza; Future Enterprises defaulted on payment of interest of Rs 6.1 crore for NCDs.

Bosch India unveils first smart campus to house 10,000 experts

Inaugurating the Bosch Smart Campus, Prime Minister Narendra Modi said that this campus will take lead in developing futuristic products and solutions for India and for the world

Bosch India will take lead in developing futuristic products: PM Modi

Prime Minister Narendra Modi on Thursday virtually inaugurated the new 'smart' campus of Bosch India, a leading supplier of technology and services in Bengaluru.Speaking at the inauguration ceremony, PM Modi said, "It is a special year for both India and Bosch India, as the nation celebrates 75 years of Independence and Bosch celebrates a century of its presence in India. Bosch came to India as a German company about 100 years ago and now it is as much Indian as German. This is a great example of German engineering and Indian energy."The Prime Minister highlighted the importance of the Bosch Smart Campus in the development of futuristic products and solutions for India and the world."This campus will take lead in developing futuristic products and solutions for India and for the world. I urge Bosch to think of doing more in India and set goals for the next 25 years," he added.Meanwhile, Karnataka Chief Minister Basavaraj Bommai, the chief guest at the ceremony, applauded the work done

Modi virtually inaugurates first smart campus of Bosch India in Bengaluru

Prime Minister Narendra Modi on Thursday virtually inaugurated Bosch India's first smart campus in Bengaluru built at a cost of Rs 800 crore

Bosch India unveils first smart campus with capacity to house 10k experts

Inaugurating the Bosch Smart Campus, Prime Minister Narendra Modi said that this campus will take lead in developing futuristic products and solutions for India and for the world

Bosch Ltd net profit declines 27% to Rs 350.5 crore in March quarter

Auto components major Bosch Ltd on Thursday reported a 27.28 per cent decline in consolidated net profit at Rs 350.5 crore in the fourth quarter ended March 2022 dragged down by higher expenses. The company had posted a consolidated net profit of Rs 482 crore in the same period previous fiscal, Bosch Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 3,311 crore as against Rs 3,215.9 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 2,972.2 crore as compared to Rs 2,693 crore a year ago, it added. For the fiscal ended March 31, 2022, consolidated net profit was at Rs 1,217 crore. It stood at Rs 480.7 crore in the previous fiscal, the company said. Bosch said its consolidated revenue from operations in FY22 was at Rs 11,781.6 crore in comparison to Rs 9,716.2 crore in FY21. The company said its board of directors recommended a dividend of Rs 110 per equity share of Rs 10 each

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Bosch acquires 26% stake in B2B e-commerce firm Autozilla Solutions

The Hyderabad-based, Autozilla Solutions specialises in the development of electronic parts catalogues for spare parts

Recovery in CV cycle, chip supply improvement to support Bosch stock

Margin expansion aided by localisation efforts is another trigger

Chip shortage is a global phenomenon, may persist till 2022: Bosch

Company's capex plan for FY22 dips for the first time in several years, is pegged at Rs 200 cr

Bosch reports nearly 5x rise in Q4 net profit at Rs 482 crore

The company announced a dividend of Rs 115 per share for the financial year 2020-21

Bosch to upgrade Bengaluru unit to AIoT-enabled campus, invest Rs 800 cr

The campus is likely to house the second-highest number of Bosch employees in the world

Resolution of semiconductor shortage may take months: Bosch India MD

In another two and a half to three years, Bosch will have 2,500 lesser associates, says MD Bhattacharya

Trading idea by Prabhudas Lilladher: Buy City Union Bank, Bosch

The stock of City Union Bank has witnessed a decent erosion from the peak of around 240 levels and has bottomed out near 110 levels

Bosch likely to cut around 2,000 jobs in India amid auto sales slump

Carmakers will shed 80,000 jobs across the world in the coming years