The global media and entertainment limited liability company based in United States - Discovery Communications, Inc. has jacked up the position of Kelly Day, naming her COO of the digital media and commerce division of the company.

The local operation of the communications solutions and services provider British Telecommunications (BT) - BT India (BTI) on Tuesday announced to open its first-ever Asia Pacific Security Operations centre (SOC) in India. BT India announced that it will invest 375,000 pounds (about $ 558,418) to open SOC in India.

According to BT India, the Asia Pacific Security Operations centre (SOC), part of the company's "Follow-the-Sun" customer service model, will offer 24x7 security device management services, including firewalls, intrusion detection devices and Bluecoat Proxy devices used for securing networked-IT environments.

Here’s an example of strange things, which take place in the entertainment industry.
 
B-town’s favourite hero Hrithik Roshan, who you believed was perfect, was asked to lose the extra kilos for a commercial.

According to reports, the makers of clothing brand to be endorsed by Junior Roshan, wanted the actor to look more primed and best for an forthcoming ad, which is aimed at youth.   

The ad makers plowed ahead and asked Hrithik to lose weight and even get rid of the brawny look that he’s sporting for his upcoming home production ‘Kites’.

In today’s session, gold futures turned lower after government data showed U.S. consumer prices unexpected fell during the last month, and posted their first 12-month fall since 1955, denting the metal's appeal as an inflation hedge.

Gold prices fell by Rs 80 in the bullion market on Wednesday because of profit booking amid strong stock markets.

The purchasing for the present marriage season and an improved curve in London bullion market failed to improve prices and prices chop down after traders and stockists indulged in profit booking at advanced levels.

As per estimations by one of its lenders in February 2009, Ranbaxy Laboratories may be sitting on mark-to-market (MTM) losses of more than Rs 25 billion on foreign currency derivatives transactions signed up with a range of banking institutions.

With this lender alone, Ranbaxy is suffering an MTM loss of Rs 6 billion on the derivatives contracts that it signed during April-May 2008.

But, Ranbaxy is not the only company that has been hit by forex derivatives losses. The losses have seen across the segments.

Nirmal Bang has maintained its ‘Buy’ rating on Ranbaxy Laboratories to achieve a target between Rs 225-240 within 1-5 days.

Interested traders can buy the stock on dips with a stop loss of Rs 210.

Shares of the company, on Wednesday (April 15), closed at Rs 199.85 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 613.70 and a low of Rs 133.15 on BSE.