Hyundai group reshuffles executives
Seoul: The Hyundai Group said on Friday it has replaced four top executives as the group's chairwoman Hyun Jung-Eun seeks to tighten her grip on the business empire locked in a heated family feud. Hyun accepted resignations tendered by Hyundai Logistics chairman Kang Myung-Koo, the group's strategic management president Kim Jae-Soo, Hyundai Merchant Marine vice chairman Jang Cheol-Soon and vice chairman Cho Gyu-Wook of Hyundai Securities, the group said.
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Gabriel Trade's Rs 900-crore FDI plan approved
New Delhi: The proposal from the UK-based Gabriel Trade and Investment Company Ltd to set up a methanol manufacturing facility in Gujarat involving foreign direct investment worth Rs 900 crore has been given the go-ahead by the Minister for Finance and Company Affairs.
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Sony denies report on plasma JV with Samsung, LG
Tokyo: Japan's Sony Corp on Friday joined South Korea's Samsung and LG in denying a media report that it had proposed forming a flat panel joint venture
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