Bosch Limited, a leading supplier of technology and services, announced it has invested in Bangalore-based B2B startup Zeliot. According to the company’s exchange filing, “This is to inform you that the Board of Directors of Bosch Limited (the “Company”) at its meeting held today i.e. February 09, 2022 has, inter-alia, approved the investment in Zeliot…
Tag: Soumitra Bhattacharya
Bosch India re-appoints Soumitra Bhattacharya as Managing Director
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•Bosch Limited announced the re-appointment of Soumitra Bhattacharya as Managing Director for a further period of 1 year from July 01, 2022 to June 30, 2023. According to the company’s exchange filing, “the Board of Directors approved the re-appointment of Mr. Soumitra Bhattacharya (DIN: 02783243) as a Managing Director, for a further period of 1…
Bosch plans to cut thousands of jobs in India
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•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.
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•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…