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Sunil Mittal non-committal on his children succeeding him

Sunil Mittal non-committal on his children succeeding him

"Even Group CEO title I have given off. I am just Chairman now. The idea is to let the company flourish under these young vibrant management teams. And I think we are very successful in that," Mittal said.

Hyundai execs fail to sell $1.25 bn in shares, complicating succession

Hyundai Motor Co on Tuesday said its chairman and his son failed to sell about $1.25 billion worth of shares in affiliate Hyundai Glovis, complicating succession moves at South Korea`s second-biggest family-owned conglomerate.