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SCHAEFFLER GERMANY
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
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...
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...
US robot makers hope to beat China in humanoid race, tariffs could affect their ambitionsThough not on the official agenda, tariffs loomed large at Boston’s Robotics Summit, with industry leaders concerned about supply chain unc...
Europe's STOXX 600 hits record highEuropean stocks extended their recent run of gains on Wednesday, with strong holiday-quarter performance from Adidas pushing German shares ...
Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
Schaeffler to cut 4,700 jobs as clouds over Europe's auto sector darkenSchaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market envi...
Schaeffler India re-appoints Harsha Kadam as MD, CEOWith over three decades of experience in propelling businesses towards profitable growth, Kadam's expertise spans across various domains in...
Europe Plus One: Can Indian stocks benefit?Faced with exorbitant natural gas prices, energy-dependent industries in Europe, such as the chemical, automotive, cement and many other in...
Ahead of Market: 12 things that will decide D-Street action on ThursdayMomentum indicator Moving Average Convergence Divergence (MACD) showed a bullish trade setup on the counters of Schaeffler India, Balkrishn...
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.
This year's market turmoil left the world's richest poorer by $511 billionEven Jeff Bezos, who recorded the biggest gain for 2018, wasn’t spared the volatility.
Banks and autos drive European shares higher as UniCredit shinesThe Italian index rose 0.6 per cent, out-doing the pan-European STOXX 600 which gained 0.3 per cent.
World’s top fortunes fall $196.2 billion since Brexit bombshellThe billionaires on the index control $3.8 trillion, a 1.8 percent decline from the start of the year, according to the Bloomberg Billionai...
- ECB President Mario Draghi hits out at German criticism of bond plan
The ECB "will always act within the limits of its mandate," Draghi wrote in a commentary for German newspaper Die Zeit provided by the Fran...
- 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...
- Family-owned Schaeffler Group opens offer for Continental shares
The family-owned German firm Schaeffler officially launched on Wednesday its offer for shares in the auto-parts group Continental, which ha...