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News Corp slips into red; posts $203 mn quarterly loss
Media conglomerate News Corp has posted a loss of $203 million for the fourth quarter ended June 30, primarily bogged down by impairment charges.

Still in rough seas
Without a strong global economic recovery, the maritime sector will find it tough to overcome the demand-supply mismatch.

News of the day

BSNL achieves over 20 lakh mobile subscribers
State owned Bharat Sanchar Nigam Limited (BSNL) has achieved a subscriber base of over 20 lakh for its mobile services in the Orissa circle.
Public Relations

Honda Siel Power appoints BSR & Co as statutory auditors

Manufacturing and marketing of portable gensets firm, Honda Siel Power Products today said it has appointed BSR & Company an Indian associate of KPMG, as statutory auditors of the company. - Pepsico among best employers for entry-level workers - Many nations may hike tax rates to fund fiscal gaps: KPMG">Many nations may hike tax rates to fund fiscal gaps: KPMG - Dhanalakshmi Bank takes additional directors on boards - Satyam accounts restatement likely by year-end: Achuthan - One-third US execs expect rise in fraud and misconduct: KPMG - Coke wins landmark service tax case The company"s shareholders have approved to increase in remuneration of J Kobayashi, President and CEO of the company, Honda Siel Power Products said in a filing to Bombay Stock Exchnage (BSE). Further, the shareholders have also approved to increase in remuneration of Y Watanabe, vice-president & whole-time Director of the company and also the appointment of R S Bidesi as vice-president & whole-time Director, the filing added.


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