Rupert Murdoch's confirms succession plan
Rupert Murdoch has said that his four eldest children and not his two daughters by his third wife Wendi Deng would control the family trust that owns 30 per cent of News Corporation after his death. Murdoch said in a US television interview that his financial assets would be divided equally among his six children after he dies, but that his four eldest children would control the trust.

Murdoch has four children from his two first marriages - Prudence, Elisabeth, Lachlan and James while has two daughters from his third wife--Grace, born in 2001, and Chloe, born in 2003.

The question of who gets control of the family trust has led to a rift between Ms Deng and Murdoch's four eldest children over the past year.
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New ACMA vice-president
New Delhi: Raghu Mody, chairman, Hindustan Composites, has been elected as the vice-president of the Automotive Component Manufacturers Association of India (ACMA) for the year 2005-2006.
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