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A number of retailers in Australia have been accused of underpaying their suppliers in Bangladesh forcing them to exploit low cost labour in the country by not offering a safe working environment.

Retailers including Coles, Target, Cotton On and Forever New are among the retailers that have been accused of using low-cost labour in Bangladesh. A factory had collapsed in April in the south Asian country that has claimed more than 1100 lives, exposing the unsafe conditions for working in the factories in the country.

Goodman Fielder has entered into a agreements with supermarkets under which the company will supply bread that will be sold under the supermarket's own brands.

Chris Delaney, the chief executive officer of the company was earlier against the arrangement with Coles and Woolworths. He had halted suppliers including his company but now has agreed to allow supermarkets to sell loafs of bread supplier by his company under their own brands.

Mumbai, June 25 : Indian equities markets benchmark indices rebounded Tuesday, with the benchmark Sensex rising 88 points led by strong buying support in oil and gas and FMCG stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the positive at 18,602.25 points, closed at 18629.15 points, up 0.48 percent or 88.26 points, from its previous day close at 18,540.89 points.

The Sensex touched a high of 18,802.31 points and a low of 18,487.30 points in the intra-day trade.

New Delhi, June 25 : US Secretary of State John Kerry headed for Saudi Arabia Tuesday after his three-day official visit to India.

Kerry had arrived on Sunday to co-chair the fourth round of the India-US Strategic Dialogue. He held talks with External Affairs Minister Salman Khurshid on Monday as part of the annual dialogue and also met Prime Minister Manmohan Singh Monday evening.

On Tuesday morning, he co-chaired the India-US Higher Education dialogue with Human Resource Development Minister M. M. Pallam Raju during which he said India and the US have the capacity to lead global education.

New Delhi, June 25 : The Department of Telecom (DoT) has decided to slap a Rs. 650 crore penalty on Bharti Airtel for violating roaming norms in 13 circles between 2003-2005.

It is learnt that Telecom Minister Kapil Sibal has approved the penalty and a notice to the company will be issued this week.

The telecom service provider will be charged Rs. 50 crore for each circle for routing national and international calls as local calls till 2005, although it was asked to stop this in 2003. The company's action had caused losses to the government exchequer and the Bharat Sanchar Nigam Ltd (BSNL).

Mumbai, June 25 : The Canara HSBC Oriental Bank of Commerce Life Insurance Company bagged the top honour at the Indian Insurance Awards 2013 Tuesday.

The company has been conferred the coveted "Life Insurance Company of the Year Award 2013" instituted by Fintelekt, SP Media, for demonstrating overall leadership in revenues, product mix, customer mix and business model effectiveness during the last financial year 2012-2013.

Company CEO John Holden and Marketing Director Vishakha R. M. received the award at a function here.