Business News

SocGen Q2 net falls 63 pct, less than feared Posted: 05 Aug 2008 03:24 AM CDT By Sudip Kar-Gupta

Softbank's 1Q profit falls on decline in sales Posted: 05 Aug 2008 03:19 AM CDT TOKYO (AP) _ Japan's No. 3 mobile carrier Softbank Corp. reported a 22.9 percent plunge in fiscal first-quarter profit Tuesday as people hung on to their handsets longer before upgrading them.

Toyota lays off 800 line workers at Japan plant Posted: 05 Aug 2008 03:13 AM CDT TOKYO (AP) _ Japanese automaker Toyota has laid off 800 people at a plant in southwestern Japan, or about 10 percent of the plant's work force, in response to declining sales in North America, a company official said Tuesday.

Metals, energy fire up Indian commodity exchanges Posted: 05 Aug 2008 03:13 AM CDT By Sourav Mishra and Ruchira Singh

Murdoch's television channels to be aired in six unnamed Indian cities Posted: 05 Aug 2008 03:05 AM CDT Mumbai, Aug.5 (ANI): Rupert Murdoch's six new regional television channels will be aired in six cities, and will help his News Corp's Star TV channel to tap into India's growing retail advertising sector, the London-based Financial Times reports.

Parsvnath to invest 250 mln rupees in UP hotel project Posted: 05 Aug 2008 02:58 AM CDT MUMBAI (Reuters) - Real-estate firm Parsvnath Developers Ltd said on Tuesday it will invest 250 million rupees for a four-star hotel project near Lucknow in Uttar Pradesh.

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