Robert Bosch Engineering News Today

The German industrial major, and world’s largest auto components manufacturer, sees India growing as a key strategic hub for its sustainable growth, especially as software tech-driven disruption is also on the rise. With all the macro-economic developments and disruptions in the automotive industry, Bosch looks to leverage India’s frugal software engineering talents, which can be a “decisive difference to China”, to support its sustainable growth globally.

The global chairman of Bosch, Stefan Hartung, has said he is "optimistic" that India could represent the only region with strong growth opportunities over the next two years, aided by economic regulations such as the recently implemented Goods and Services Tax, as well as incentives to boost industrial output.

 Hyderabad: Bosch Global Software Technologies (BGSW) formerly known as Robert Bosch Engineering and Business Solutions (RBEI), inaugurated its new smart campus at HITEC City in Hyderabad to strengthen its software centric product innovations. The Center of Excellence is a Technology and Innovation R&D center focussed on Automotive Engineering and Digital Enterprise.

Syrma SGS Technology shares ended with over 42 per cent premium in the debut trade on Friday against the issue price of Rs 220.

Syrma SGS Technology stock ended 42.30 per cent higher at Rs 313.05 against the issue price of Rs 220. The shares closed 19.48 percent higher to the opening price of Rs 262 on BSE.

The Initial Public Offer (IPO) of Syrma SGS Technology received 2.27 times subscription on the third day on Wednesday.

The Initial Public Offer (IPO) of Syrma SGS Technology was subscribed 32.61 times on the final day on Thursday.

Retail Individual Investors (RIIs) portion received 1.56 times bids and non-institutional investors category got subscribed 74 per cent, , Syrma Technology, ipo bidding

The initial public offer of Syrma SGS Technology was subscribed 92 per cent on the second day of the offer on Tuesday.

Syrma SGS Technology on Thursday said it has raised Rs 252 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Friday.