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BusinessEconomic Times ·

Schaeffler India CEO and MD taken into custody

The chief executive officer and managing director of Schaeffler India has been taken into custody, according to the Economic Times report. The article's body text was not provided, so the reasons for the detention, the authorities involved, and the timing are not confirmed here. Schaeffler India is the Indian arm of the German automotive and industrial engineering group. Further details on the developments and any official response would need to be verified from the original reporting.