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Bosch to restructure operations in Indian unit amid slowdown
short by Anushka Dixit / on 14 Aug 2019,Wednesday
Auto parts maker Bosch on Tuesday said it began restructuring its operations in India to remain competitive in the market amid slowdown in the auto sector. It has set up a provision of ₹82 crore towards restructuring, reskilling and "manpower adjustments". Bosch's Q1 net profits fell 35% to ₹280 crore in June 2019 compared to ₹431 crore in June 2018.
short by Anushka Dixit / 04:39 pm on 14 Aug
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