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Monday, December 21, 2020

South Korea's SsangYong Motor Files For Receivership As It Misses Loan Repayment

South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won ($54.44 million), the South Korean automaker said in a...

from NDTV News - Special https://ift.tt/37DnRj2

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Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...