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SCHAEFFLER AG
Schaeffler India announces Rs 35/share dividend. Check payment date, dividend yieldSchaeffler India announced a Rs 35 per share dividend following a 36% YoY Q4 net profit rise to Rs 322 crore. Revenue grew 28% YoY, with se...
Germany is just making too much money in China to back away nowGerman companies are investing billions more in China, ignoring government warnings. Automakers and chemical giants are deepening ties. Thi...
India will not sign any trade deal in a hurry or with "gun to our head", says Piyush GoyalIndia will not rush into trade agreements. Union Minister Piyush Goyal stated that New Delhi prioritizes long-term partnerships built on tr...
Piyush Goyal holds meetings with German business leaders to discuss investment opportunities in various sectorsUnion Minister Piyush Goyal is undertaking a pivotal visit to Germany aimed at forging deeper trade partnerships. His itinerary includes hi...
Piyush Goyal to visit Berlin on October 23, trade partnership and key CEOs meet in focusUnion Minister Piyush Goyal is visiting Berlin from October 23 to engage with German officials and industry leaders. He will speak at the B...
India is a reliable partner for us amid global challenges, says Schaeffler CEOThe German global automotive and industrial supplier has committed to investing €100 million annually in India over the next five years, wh...
Schaeffler India invests Rs 1,700 cr in 3 years to expand local capabilitiesSchaeffler India has invested Rs 1,700 crore over three years to expand its capabilities in powertrain and e-mobility solutions. The compan...
Siemens, Microsoft join hands to work on AI projectIndustrial manufacturing major Siemens and tech giant Microsoft on Tuesday joined hands to bring the benefits of generative AI to industrie...
Schaeffler India ramps up capacity at Savli plant in GujaratGerman industrial supplier Schaeffler has opened a new manufacturing unit at its plant in Vadodara, Gujarat. The facility will increase pro...
Schaeffler India Q4 Results: Firm posts smallest quarterly profit growth in nearly 3 yearsSchaeffler India said its profit climbed 6% to 2.19 billion rupees ($26.7 million) in the first quarter ended March 31, while revenue from ...
Hybrid vehicles key to India’s electric shift, Schaeffler saysSchaeffler’s outlook echoes the stance of India’s biggest carmaker Maruti Suzuki India Ltd., which is also glum about the uptake of electri...
Tesla, Toyota Motors help obscure Japanese supplier thriveOdawara Engineering Co. maintained its forecast for operating profit of 700 million yen ($6.5 million) and revenue of 14.5 billion yen inta...
These are the 20 richest people in the automotive industrySome in this list are prominent, like Elon Musk. Others are not so much so, like Pallonji Mistry.
Schaeffler to invest Rs 1,000 crore more in IndiaThe new factory in Pune will cater to existing demands of engine, transmission and chassis components, including the BS VI requirements.
Schaeffler mergers local entities creating Rs 4,000cr entitySchaeffler India, formerly FAG Bearings India, is traded on both the BSE and the NSE.
Schaeffler to invest Rs 200 cr to set up new unit in PuneSchaeffler India's arm INA Bearings Pvt Ltd is among the leading suppliers of engine, transmission and chassis components including needle ...
CCI rejects complaint of cartelisation in a railway tenderQuadrant EPP Surlon India had alleged that six entities acted as a cartel and enjoyed the ability to control the supply of bearings, among ...
- Continental AG reports Q2 loss
German car parts and tire maker Continental AG on Thursday reported a euro190 million ($268 million) loss for the second quarter as the glo...
- Schaeffler agrees to limit Continental stake
Auto parts maker Continental AG said Thursday it had ended a weekslong standoff over a takeover bid from smaller rival Schaeffler KG and re...
- Continental rejects Schaeffler offer again
German auto parts maker Continental AG on Wednesday again declined a bid by rival Schaeffler KG to take over the company, but opened the do...