Ssangyong receives 80 billion won from Mahindra

Shares of surged to an all-time high on Monday after the scrip of its South Korean subsidiary jumped on the back of expectations of a turnaround. On Monday, the shares of M&M ended 1.83 per cent higher at Rs 1,003.55, after recording its new peak in ...

Mahindra and Mahindra will raise its holding in Ssangyong Motor to 72.85 per cent. (Reuters) Related Top Stories Shares in India's Mahindra and Mahindra Ltd gain 3.8 percent, after stocks of its subsidiary Ssangyong Motor Co Ltd hit a 16-month high, ...

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GENEVA (Reuters) - South Korean car maker Ssangyong Motor Co expects to return to profitability in 2015, its chief executive said on Tuesday, with the financial clout of its Indian parent helping it to update its product line.

PYEONGTAEK, Gyeonggi - After four years, Kim Byung-mo, 48, is back with Ssangyong Motor. He is one of 460 workers who were forced on unpaid leave after the automaker went through massive layoffs and court receivership in 2009. I never thought it ...

Tuesday, May 14th, 2013 Korea IT Times (info@koreaittimes.com) SEOUL, KOREA Ssangyong Motor has launched into the resumption of overnight shift for the first time since 2008. Ssangyong Motor Co., the local unit of Indian sport utility ...

The sit-in by laid off workers of Ssangyong Motor outside Deoksu Palace in central Seoul was packed up by the district government, which considered the protest an illegal occupation of public land.The sit-in was begun last April in front of ...

SEOUL, May 20 (Reuters) - South Korea's main KOSPI share index was up 0.05 percent at 1,987.86 as of 0040 GMT. The index opened up 0.18 percent at 1,990.36. Stocks on the move on Monday include: **SSANGYONG MOTOR SHARES JUMP ON POSITIVE EARNINGS ...

* Foreigners buyers for second straight session * Automakers lead gains, Ssangyong Motor spikes SEOUL, May 20 (Reuters) - South Korean shares edged higher on Monday, led by automakers and refiners as Wall Street extended its bull run, helping to ...