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South Korea to give $10 bn to India for infrastructure development

Last Updated: Monday, May 18, 2015, 11:09

South Korea Monday decided to provide USD 10 billion to India for infrastructure, development of smart cities, railways, power generation and other diversified areas as the two countries agreed to upgrade their bilateral relationship to a "Special Strategic Partnership".

Modi to meet tycoons of Hyundai, Samsung, LG in South Korea

Last Updated: Monday, May 18, 2015, 10:36

All three manufacturing giants operate plants in India where they enjoy sizeable shares of the vast consumer market for cars, smartphones and home appliances.