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Business News on November 27, 2011


Uttar Pradesh traders slam Centre's decision to approve FDI in retail
Traders staged a protest outside the residence of Union Coal Minister Sriprakash Jaiswal here on Sunday against the Central Government's decision to approve 51 percent Foreign Direct Investment (FDI) in multi-brand retail. ANI

BJP backing FDI privately, claims Khurshid
Contrasting the public stand of the Bharatiya Janata Party (BJP), Union Law and Justice Minister Salman Khurshid on Sunday claimed that the opposition party favoured Foreign Direct Investment (FDI) in the retail sector privately. ANI

Lachlan Murdoch denies lobbying News Corp's 'vote deal' with ex- Oz senator
Media tycoon Rupert Murdoch's eldest son, Lachlan has denied allegations that he was present during a meeting where a News Corp executive offered a former Australian senator a favourable newspaper coverage in return for political support. ANI

OZ grocery giant Woolworths eyes newly-opened Indian retail market
Australia's grocery giant Woolworths is likely to target India's billion-plus population as the nation plans to open the US500 dollars billion retail sector to foreign competition for the first time. ANI

One Media Group Interim Profit After Tax Increases 28%
One Media Group Limited ("One Media Group" or the "Group", HK: 0426) today announced its unaudited interim results for the six months ended 30 September 2011 (the "Period").For the six months ended 30 September 2011, the Group's revenue amountedHK$97,148,000, a 9% up from the same period last year (2010: HK$89,318,000) ACN Newswire

Media Chinese Announces Second Quarter and Interim Financial Results
Media Chinese International Limited ("Media Chinese" or the "Group", HKSE:685, KUL:5090) today announced its unaudited second quarter and six months results for the period ended 30 September 2011.The Group achieved a profit before income tax of US$19,671,000, reflecting a 3.5% or US$657,000 increase over the same quarter last year ACN Newswire

Tenaris to Acquire Participation in Usiminas Through Confab
Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) announced today that its Brazilian subsidiary, Confab Industrial S.A. (Confab), has agreed to acquire 25 million ordinary shares of Usinas Siderúrgicas de Minas Gerais S.A. (Usiminas), representing 5.0 % of the shares with voting rights and 2.5% of the total share capital MarketWire

Dr. Brad Robinson Announces Success Treating Sports Injury Patients
Dr. Brad Robinson of Wards Corner Chiropractic announced his success treating sports injury patients, including members of the Tampa Bay Lightning hockey team. As a chiropractor with Tampa Bay's AHL affiliate in Norfolk, Dr. Robinson also treated Tampa Bay player Mattias Ritola MarketWire

Murfreesboro Chiropractor Participated in Women's Leadership Conference
Dr. Wesley Stewart, a practitioner of spinal rehabilitation at the Rutherford Clinic of Chiropractic in Murfreesboro, Tennessee, has announced that he participated in the recent Creating the Balance Women's Conference, which was sponsored by the Rutherford County Chamber of Commerce MarketWire

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