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CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Hyundai Motor accelerates plans to capture Indian EV market

MUMBAI — Hyundai Motor aims to dominate India's lucrative electric vehicle (EV) market by localizing production for key EV components and strengthening its partnership with the local government, a senior executive at the carmaker said.

Oct 22, 2024By Lee Min-hyung
Hyundai Motor accelerates plans to capture Indian EV market
  • Hyundai Motor raises $3.3 bil. via IPO on Indian stock market

Hyundai Motor raises $3.3 bil. via IPO on Indian stock market

MUMBAI — Hyundai Motor made its overseas stock market debut in India, Tuesday, achieving the largest initial public offering (IPO) subscription in the country, valued at $3.3 billion (4.5 trillion won).

Oct 22, 2024By Lee Min-hyung
Hyundai Motor raises $3.3 bil. via IPO on Indian stock market
  • Hyundai Motor chief meets Modi to boost ties with India
  • Hyundai Motor accelerates plans to capture Indian EV market

Employers' group chief meets ambassadors of EU nations

Korea Enterprises Federation (KEF) Chairman Sohn Kyung-shik met ambassadors of European Union nations in Korea and urged stronger cooperation between Korea and the EU to address supply chain disruptions, industrial transition and other challenges that the regions commonly face, the lobby group said Tuesday.

Oct 22, 2024By Nam Hyun-woo
Employers' group chief meets ambassadors of EU nations

Hyundai Motor chief meets Modi to boost ties with India

Hyundai Motor Group Executive Chair Chung Euisun and Indian Prime Minister Narendra Modi discussed the growth of India's mobility industry and the Korean company's cooperation during their meeting in Delhi on Monday.

Oct 22, 2024By Park Jae-hyuk
Hyundai Motor chief meets Modi to boost ties with India
  • Hyundai Motor raises $3.3 bil. via IPO on Indian stock market

Samsung Biologics wins $1.24 bil. deal for contract manufacturing

Samsung Biologics said Tuesday it has signed a deal worth $1.24 billion for contract manufacturing from an Asia-based biopharmaceutical firm.

Oct 22, 2024By Yonhap
Samsung Biologics wins $1.24 bil. deal for contract manufacturing

Disney to announce next CEO in early 2026, names James Gorman as new chair

Walt Disney said on Monday it would appoint a new chief executive officer in early 2026 and named James Gorman as its chairman.

Oct 21, 2024By Reuters
Disney to announce next CEO in early 2026, names James Gorman as new chair

Doosan to restructure Bobcat subsidiary under Robotics unit

Doosan Group will resume its efforts to reorganize the governance structure of Doosan Bobcat by approving a new plan to place the profitable construction equipment unit under the control of Doosan Robotics.

Oct 21, 2024By Nam Hyun-woo
Doosan to restructure Bobcat subsidiary under Robotics unit

'Big 3' department stores pursue overseas expansion

The three largest department store operators in Korea — Shinsegae, Hyundai and Lotte — are venturing into international markets to counteract declining sales at home, according to company officials.

Oct 21, 2024By Ko Dong-hwan
'Big 3' department stores pursue overseas expansion

KGM, Chery team up to drive growth in Korean SUV market

KG Mobility (KGM) announced, Monday, that it has formed a strategic partnership and platform licensing agreement with Chery Automobile, laying the foundation for future growth, particularly in the development of Korean-style sport utility vehicles (SUVs).

Oct 21, 2024By Kang Seung-woo
KGM, Chery team up to drive growth in Korean SUV market

Coway targets young consumers with water purifiers, massage chairs

Coway is targeting young consumers with its new water purifiers and massage chairs as an increasing number of single-person and two-person households in the country are demanding smaller home appliances and furniture, according to the major home appliance manufacturer, Monday.

Oct 21, 2024By Ko Dong-hwan
Coway targets young consumers with water purifiers, massage chairs
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