Lotte Group

Lotte India, Havmor announce merger; aim to achieve sales of Rs 6K cr

This expansion will help extend the company's regional coverage from the west to the south-central regions of India

Lotte planning to invest Rs 550 cr to expand ice cream business in India

The company plans to develop a state-of-the-art manufacturing plant in Maharashtra's Pune district which is expected to become operational by June 2024

Lotte Confectionary to invest Rs 450 cr in Havmor Ice Cream in 5 years

Its Talegaon plant would be operational by the fourth quarter of 2024, in which Lottee range of premium ice cream would be manufactured

Shin Kyuk-ho, founder of South Korean retail conglomerate Lotte dies at 97

Lotte is one of the biggest of the South Korean family-run "chaebol" conglomerates

Hindustan Unilever emerges front-runner for Dinshaw's Dairy Foods

Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales

Seoul court denies arrest warrant for Lotte Group chairman; probe continues

The probe into the company had uncovered embezzlement or breach of trust involving about $155 million

South Korea prosecutors request arrest warrant for Lotte chairman Shin Dong-bin

The probe, which began in June, has already scuppered a planned $4.5 billion IPO by the group's Hotel Lotte arm

Vice-chairman of Lotte Group found dead amid probe

The police said Lee's body was found on Friday morning under a tree along a walking and cycling path near Seoul

South Korea prosecutors raid more Lotte Group firms

Heaping further pressure on the sprawling beer-to-petrochemicals conglomerate

Lotte signals it is shelving $4.5-bn hotel IPO

Lotte Group indicated it will shelve what may have been a $4.5 billion initial public offering for its hotel unit, the world's biggest so far this year, after widening investigations pushed the South Korean conglomerate deeper into crisis.It's going to be "physically difficult" for Hotel Lotte Co. to meet next month's deadline to complete the IPO in light of the extra steps it would need to take such as making additional disclosures, the parent group said in an e-mailed statement in Seoul on Sunday.Lotte will cooperate with authorities in their investigation, it said. It's the latest blow to hit the conglomerate, which has 89 Korean units with more than 100 trillion won ($86 billion) in assets. With the group still reeling from a feud that tore its founding family apart, Lotte sank into deeper turmoil last week as Korean prosecutors widened their probes into the business empire amid allegations of slush funds and embezzlement.The latest probes came days after another investigation -- o

Lotte $4.9-bn IPO faces fresh setback on bribery probe

Hotel Lotte Co is pushing back the roadshow with no new timetable in sight