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Government asks Apple to manufacture in India, promises to offer friendly policies
• 6 years agoThe government wants global giants like Apple and Samsung to have a robust presence in India.
Union minister Ravi Shankar Prasad to meet electronics industry CEOs to discuss sector issues, export ambitions
• 6 years agoThe government will meet CEOs and top brass of electronics and smartphone makers, including Apple and Samsung, on 16 September to discuss challenges being faced by them and incentives and schemes that can be offered to position India as the 'electronics factory' of the world
Auto stocks jump up to 7.8% after Nitin Gadkari assures all possible support to crisis-hit industry
• 6 years agoAutomobile stocks jumped up to 7.8 percent on Thursday after Union Minister Nitin Gadkari assured the crisis-hit industry of all possible support
Auto stocks tumble up to 9% as sales in India see sharpest fall in 19 years in July
• 6 years agoAuto stocks tumbled up to 9 percent on Tuesday after industry body SIAM reported that automobile sales in India witnessed sharpest decline in nearly 19 years in July, dropping 18.71 percent, rendering almost 15,000 workers jobless over the past two-three months
Parts maker Jamna Auto braces for plant shutdowns on weak demand amid mounting crisis in car industry
• 6 years agoNew Delhi-based Jamna Auto's customers include General Motors Co, Toyota Motor Corp and Tata Motors Ltd, India's largest automaker by revenue, according to the company's website.
Bosch profit rises 19% to Rs 335 cr in third quarter; Bhaskar Bhat’s appointment as independent director gets nod
• 7 years agoBosch said the board of directors of the company approved appointment of Bhaskar Bhat as an independent director for a second term of five years with effect from 1 April, 2019.
Bosch Home Appliances to invest Rs 800 crore in next 3-4 years in India; to expand product portfolio
• 7 years agoBosch is expanding its product portfolio in India by providing localised offerings to tap the fast growing home appliances market in the country.
Narendra Modi to inaugurate two-day first Global Mobility Summit tomorrow organised by NITI Aayog
• 7 years agoPrime Minister Narendra Modi will on Friday inaugurate the first Global Mobility Summit - MOVE - which among other things will deliberate on steps to promote electric vehicles and shared mobility
Global TCU market to grow by 18 percent due to boom in connected vehicles
Ians • 7 years agoA TCU is an embedded onboard system that controls wireless tracking of and communication to the vehicle.
Tesla voluntarily recalls all Model S cars built before April 2016 to replace bolts in the power steering component
• 8 years agoThe bolts, made by German supplier Bosch, can begin to corrode after contact in cold temperatures with road salt.