RECENT NEWS
The Economist  Jan 19  Comment 
THE deal which did most to secure Lee Jae-yong’s control over South Korea’s biggest conglomerate threatened this week to ruin him. On January 16th special prosecutors accused Mr Lee, the only son of Samsung’s chairman, Lee Kun-hee, of...
Wall Street Journal  Jan 19  Comment 
The de facto head of Samsung conglomerate told investigators probing his alleged role in a corruption scandal that South Korean President Park Geun-hye coerced him into contributing funds to entities linked to a friend of hers.
Reuters  Jan 19  Comment 
Thomas Tull, the founder and chief executive of Legendary Entertainment has stepped down, the firm said in a statement to Reuters on Thursday, a year after the Hollywood studio was bought by Chinese conglomerate Dalian Wanda for $3.5 billion.
Reuters  Jan 19  Comment 
A South Korean court on Thursday dismissed an arrest warrant against the head of Samsung Group, the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye.
Wall Street Journal  Jan 18  Comment 
A South Korean court denied an arrest warrant for Lee Jae-yong, the scion of the Samsung conglomerate, for his alleged involvement in a national corruption scandal.
Reuters  Jan 17  Comment 
Konkola Copper Mines (KCM), owned by global conglomerate Vedanta Resources PLC, will pay the first tranche of the $100 million it owes the Zambian government by the end of the month, the country's investment firm said on Tuesday.
The Economic Times  Jan 17  Comment 
Popularly known as 'Chandra', he will take charge at the helm of $103-billion Tata Sons, the main holding company of the salt-to-software conglomerate.
Forbes  Jan 17  Comment 
Dangote Industries, the conglomerate controlled by Africa’s richest man, Aliko Dangote, is establishing a $100 million truck assembly plant in Lagos in a move that is expected to create about 3,000 jobs.
The Hindu Business Line  Jan 17  Comment 
Shares of Reliance Industries Ltd fell nearly 3 per cent to its lowest since December 29, 2016 on Jio spending worries. Oil-to-telecoms conglomerate has posted slightly better-than-expected earnin...
Reuters  Jan 16  Comment 
South Korean conglomerate Samsung Group said on Monday it could not accept the special prosecutors' accusations that its leader, Jay Y. Lee, paid bribes to further his...




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