ASIC imposes new charges on former director of Opes Prime

ASIC imposes new charges on former director of Opes PrimeThe Australian Securities and Investments Commission imposed new criminal charges against Laurie Emini, the former managing director of Opes Prime Securities Limited.

The corporate regulator laid the charges against Mr. Emini over allegedly falsifying records of clients' accounts over more than 18 months. ASIC is investigating the spectacular collapse of Opes Prime in March 2008 with debts of more than $A600 million.

Jonathan Trott takes England on the top of the test match against Bangladesh

Jonathan Trott takes England on the top of the test match against BangladeshThe British batsman Jonathan Trott has registered his first ever double century in his test career on the second day of the first test match against Bangladesh. Trott’s double ton has ensured the home team on a comfortable and commendable position in the test match.

From the over night score of 362-4, England have managed to score a 505 all out in 125 over. Trott has scored unbeaten 217 in this match. He has become the seventh English batsman and 14th overall to score a test double hundred at Lord’s.

Fortis net profit raises five fold in fourth quarter

Fortis net profit raises five fold in fourth quarterIndia’s largest hospital chain Fortis Healthcare has announced its fourth quarter financial results for the fiscal year 2009-10 and it has managed to post an impressive net profit figure.

The company has posted a consolidated net profit of Rs 27.2 crore for the quarter that ended in 31st March, 2010. This consolidated net profit figure has grown up by five fold in this quarter as compared to the same quarter in the last fiscal 2008-09.

Bone marrow transplants: Trichotillomania healing

Bone marrow transplants: Trichotillomania healingNature’s contribution in the field of science and technology is remarkable. Every invention in the field of health and medicine is initially tested on animals, because their behavior is quite similar to human beings.

A new study regarding the bone marrow transplant has been tested on rats.

IOC net profit declines by 16%

IOC net profit declines by 16%State-owned Indian Oil Corp (IOC) has declared its fourth quarter financial results for the fiscal year 2009-10. The company has posted a net profit of Rs 5,556.77 crore for the quarter that ended in 31st March, 2010. Last year it was reported to post a net profit of Rs 6,622.96 crore.

The net profit figure has declined by 16% in this quarter as compared to the same quarter in the financial year of 2008-09. This has been informed by the firm in a filing at the Bombay Stock Exchange.  

No Tobacco Motion of World Health Organization (WHO)

No Tobacco Motion of World Health Organization (WHO)Tobacco companies around the globe are now particularly targeting youth. World Health Organization (WHO) is putting its observation on this type of target marketing. Figures have shown that 40% of men smoke whereas only 9% of women do so but this figure is likely to change very soon, which has become a matter of concern for WHO.

The WHO has announced “World No-Tobacco Day” on 31st of May. This comes under its Tobacco-Free Initiative. Douglas Batcher, the director of the WHO's Tobacco-Free Initiative has shared WHO’s worry on changing marketing tactics.

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