R Kim, managing director, LG Electronics India, was elevated to the position of president, South West Asia, LG Electronics. Kim will be responsible for LG subsidiaries in India, Nepal, Bangladesh and Sri Lanka.

Hyundai India Telecom said it will set up a plant (to manufacture hi-end GSM and CDMA mobile phone handsets) and its R&D; hub in India with an investment of $50 million over a period of five years. ... more