South Korean brands surge into India via JVs, investments in soju, beauty, foods amid K-wave boomKorean consumer brands are expanding into India across alcohol, beauty, food, and cigarettes, leveraging the 'Korean Wave'. Jinro soju has ...
Samsung, SK, Hyundai Motor see largest asset growth over 5 yearsSouth Korea's major business groups Samsung, SK, and Hyundai Motor have seen significant asset growth. Over five years, their combined asse...
Lotte India debuts biscuit snack PEPERO, eyes Rs 2,000 crore revenue in 2025Lotte India, a part of Lotte Group, introduces PEPERO biscuit snacks in India. PEPERO is available in original and crunchy flavors. The com...
Lotte to enter snacks segment; to invest $300 million in next 5 years in IndiaLotte Wellfood CEO Paul Yi discusses the growing popularity of Korean culture and foods globally, including in India. The company plans to ...
Havmor to invest ₹450 cr in India to expand capacityThe fresh investment is to ramp-up capacity and the company will set up a new manufacturing facility at Pune, the brand's first Korean tech...
South Korea to pardon Samsung's Lee, other corporate giantsLotte's Shin received a suspended prison term in 2018 on similar charges of bribing Park, whom then-President Moon Jae-in pardoned in Decem...
Lotte India relaunches its iconic coffee toffee brandThe Chennai-based company has rolled out a targeted nationwide marketing campaign for the coffee toffee’s comeback 'Coffy Bite' to stay rel...
How Havmor looked to its fans in its quest for CTOs. Chief Tasting Officers, that isRele started off believing MNCs and Indian firms that mimicked their offering were missing a trick, by skewing so heavily towards ‘global’ ...
Modi's Make in India may get $6 billion cheque from Lotte, PeugeotModi’s plan encourages foreign firms to manufacture locally by offering easier land acquisition, pruning the number of approvals and, in so...
What's behind record Asian stock rally? Here's is what experts sayThe MSCI Asia Pacific Index rose 0.6 percent to 172.67 as of 4:37 p.m. in Hong Kong.
Lotte’s feuding brothers are brought together by their motherLotte Group has been spinning off chunks into publicly held companies, including Lotte Shopping, Lotte Chemical and Lotte Confectionery.
Lotte India to invest Rs 300 crore in HaryanaLotte India Corporation Ltd, a subsidiary of Lotte Confectionery Company Ltd of Korea, will invest a sum of Rs 300 crore at IMT Rohtak.
- Global retailers revive India plan;Await cabinet approval for FDI in multi-brand to break into desi market
List of international retailers looking at India as a priority market for expansion include South Korea's Lotte, Thailand's Central Group a...
- Lotte setting up Rs 200 cr plant near Chennai
Korean major, Lotte Foods to invest Rs 200 cr on a greenfield confectionery plant in TN.
- Fichtner India gets Lotte, South Korea, contract
Fichtner Consulting Engineers, Chennai, has signed a contract with Lotte Engineering & construction company, South Korea.
- Lotte India to delist from bourses
Lotte India Corp Ltd, previously known as Parrys Confectionery Ltd, today said it will delist from all stock exchanges of the country.
- Arch rival Lotte Mart may chase Wal-Mart in India
Wal-Mart will not get a respite from its Korean nightmare just yet. Discount store chain Lotte Mart, which played a role in elbowing out Wa...