Panasonic Corp, one of Japan's best known brands, reported a record loss on slumping sales of flat panel TVs on Friday, but promised a return to profit this year under a turnaround plan that faces

Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted t h e Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in

JPMorgan Chase & Co said on Thursday that it suffered a trading loss of at least $2 billion from a failed hedging strategy, a surprise disclosure that hit financial stocks and the reputation of

Cipla Ltd on Thursday reported a net profit of Rs 292 crore for the quarter ended March 31, compared to Rs 214 crore, a rise of 36 per cent. Gross revenue grew by 12 per cent to Rs 1,890 from Rs 1,687

Singapore Telecommunications Ltd is expected to report a 6.5 percent rise in fourth-quarter net profit to S$1.06 billion, according to six analysts surveyed by Reuters, reversing a trend of four

Indian Overseas Bank (IOB) has posted an increase of 21.76 per cent in net profit at Rs 528.81 crore for the quarter ended March 31, against Rs 434.29 crore registered during the year-ago period.

* Q4 net profit 6.4 bln rupees vs 4.79 bln forecast

* Cuts proven gas reserves estimates by 7 pct

* Gives new guidance without India; may signal exit