Tag: Bosch

Bosch appoints Karin Gilges as Chief Financial Officer

Auto components manufacturer Bosch Limited has appointed Karin Gilges as Chief Financial Officer of the company, effective May 1, 2022. According to the company’s exchange filing, “we wish to inform that the Board of Directors has at its meeting held today i.e. Monday, January 17, 2022, based on the recommendations of the Nomination and Remuneration…

Bosch plans to cut thousands of jobs in India

Bosch, a German multinational engineering and technology company, is likely to lay off a couple of thousand jobs in India in the next four years. The layoffs include about 10 percent of 3,700 white-collar jobs and a slightly higher percentage of 6,300 blue-collar jobs will be shed. In a statement, Soumitra Bhattacharya, India Managing Director,…

Bosch to invest €100 million in the next 3-4 years in India.

Bosch, the leading multinational engineering and electronics company headquartered in Germany has announced its plans to invest €100 million (around Rs 800 crore) over the next 3-4 years in the Indian market. The company said that the localized offerings include the top-loader washing machine, freestanding microwave oven, and mixer grinder. “Bosch Home Appliances will invest…

V.K.Viswanathan appointed as Chairman of Bosch Ltd.

V.K.Viswanathan has been appointed as Chairman at Bosch ltd. Presently he is the President of Bosch Group in India and Managing Director of Bosch Limited. This decision of his appointment was taken on 5th June 2013 during the company’s board meeting. His appointment as Chairman will be with effect from 1st July 2013. He will…