Mumbai: Domestic arm of German automotive and industrial major Schaeffler (formerly FAG Bearings India) on Wednesday announced merger of its two arms—INA Bearings and LuK India—to improve cost and ...

NEW DELHI, June 5 (Reuters) - India's antitrust body has ruled that units of Sweden's AB SKF, Germany's Schaeffler AG and Tata Steel Ltd, along with local firm National Engineering Industries, are ...

India's bearings market is dominated by SKF and Schaeffler and is worth $1.3 billion, showed data from ICRA Research(Photo: Ramesh Pathania/Mint) An Indian antitrust probe has found that units of Tata ...

The CCI order showed the case was initiated after Schaeffler in 2017 filed a so-called leniency application, in which companies seek lesser penalties and make disclosures about their activities. NEW ...