Tripartite meet on Posco project on August 25: Minister

Last Updated: Saturday, August 22, 2015, 22:08

The much-awaited tri-partite meeting on the country's biggest FDI project proposed by Posco is scheduled to be held in New Delhi on August 25, Odisha Steel and Mines Minister Prafulla Kumar Mallick said Saturday.

Not quitting Odisha: Posco

Last Updated: Thursday, July 16, 2015, 18:55

The company is reducing its unused office space and other expenditure as part of massive global cost restructuring programme, said a person in the know of developments.

Vote pits Samsung family against foreign, Korean investors

Last Updated: Thursday, July 16, 2015, 17:34

The business empire's ailing patriarch Lee Kun-hee has been hospitalised since May last year and his son Lee Jae-yong is assuming a bigger leadership role but lacks a significant stake in flagship company Samsung Electronics.

Samsung Elec to bring forward key smartphone launch: Source

Last Updated: Friday, July 10, 2015, 15:47

Samsung Electronics Co is bringing forward the launch of a key premium smartphone model, a person familiar with the matter told Reuters on Friday, as the South Korean tech giant seeks to revive sales after a sluggish second quarter.

South Korea injects $20 bn stimulus into MERS-hit economy

Last Updated: Friday, July 3, 2015, 07:56

The South Korean government on Friday agreed to inject $20 billion into the flagging economy, which has been hit by the MERS virus outbreak and sluggish consumption.

US fund accuses Samsung of foul play over stock sale

Last Updated: Friday, June 19, 2015, 17:32

US hedge fund Elliott urged a South Korean court today to approve an injunction against the proposed merger of two Samsung units, insisting it is aimed at facilitating a generational power transfer rather than acting in the interest of shareholders.

LG eyes Rs 2,800-cr turnover from AC biz in FY16

Last Updated: Sunday, June 14, 2015, 12:00

He further said: "Our three products -- mosquito-away technology product, inverter and 5 star ACs -- contribute 65 per cent to the total sales."

SoftBank to invest $1 billion in Korean e-commerce site Coupang

Last Updated: Wednesday, June 3, 2015, 16:04

SoftBank has been turning to overseas deals for growth amid a lacklustre Japanese economy and shrinking demographics. The latest move comes two days after SoftBank said it had increased its controlling stake in Supercell, the Finnish mobile games maker best known for its hit title `Clash of Clans`.

Government to extend full support to Posco: Tomar

Last Updated: Sunday, May 31, 2015, 12:19

In the past few months, Posco officials has been meeting Ministers and officials regarding investment in India's steel sector.

Shake-up in key Samsung assets to cement heir''s grip as succession looms

Last Updated: Tuesday, May 26, 2015, 12:33

If the due deal, goes through, Samsung still has to resolve include inheritance tax if Lee Kun-hee multi-billion dollar stakes in Samsung Electronics 3.8% or Samsung Life Insurance 20.76% are passed on to his heirs.

Samsung quietly prepping for change of style, rather than strategy

Last Updated: Wednesday, May 20, 2015, 11:02

Samsung wants to be evaluated through performance and ensure Samsung keeps growing.

Govt to revise tax treaty with South Korea

Last Updated: Wednesday, May 6, 2015, 22:32

Ahead of Prime Minister Narendra Modi's visit to South Korea this month, the Cabinet Wednesday approved revising the double tax avoidance pact with Seoul to provide tax stability and facilitate flow of investment and technology between the countries.