Samsung says to invest $296 million to expand India plant
- Major stock indexes rise again to new records
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- Third-Party Said Interested in PrivateBancorp (PVTB) as CIBC (CM) Deal is Delayed
- Insys Therapeutics (INSY) Sinks as Former Employees Arrested in Racketeering Scheme
- Lower for longer, ECB scales back asset buys
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, in this file photo taken on April 4, 2016. REUTERS/Kim Hong-Ji/File Photo
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
MUMBAI (Reuters) - Samsung Electronics Co Ltd will invest 19.7 billion rupees ($295.83 million) to expand its plant in northern India, the company said in a statement.
The plant in Noida, near the Indian capital New Delhi, makes mobile phones, refrigerators and televisions.
(Reporting by Devidutta Tripathy; Editing by Subhranshu Sahu)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mexican authorities find 110 migrants trapped in truck
- Masterbuilt recalls U.S. gas smokers over fire risk
- 'Pissed off' Belgian prince faces dressing down by PM
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!