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Taxman begins probe into Cadbury takeover by Kraft
The taxman has begun a time-bound probe into the Kraft takeover of Cadbury. Sources have told CNBC-TV18 that the preliminary report is likely to be submitted on January 15 this year.
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Massachusetts pet lovers hope to get new law on wills
Pet lovers in Massachusetts are optimistic the governor will sign into law this week that will allow them to designate in a will who should care for a pet after the owner's death.
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White House press secretary Robert Gibbs to resign
White House press secretary Robert Gibbs is leaving his position to work as an outside adviser for President Barack Obama's re-election campaign, an administration official said on Wednesday.
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India refiner rushes for oil on Iran supply fears
India's top buyer of Iranian crude is seeking as much as 2.6 million barrels from the spot market, in the face of any possible supply disruption due to a payments row between the two countries.
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Dabo to join MLS but not expecting to sell many shirts
French midfielder Ousmane Dabo is set to join Major League Soccer but the former Manchester City and Lazio player has admitted his name is unlikely to sell many shirts.
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Sachin Tendulkar to bat for Coke now?
Pepsi's loss may be Coke's gain. After Pepsi dropped him as brand ambassador two-and-a-half years ago, master blaster Sachin Tendulkar is reported to have finalised a three-year endorsement deal with rival Coke.
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HMV needs to shrink and speed change to survive
British retailer HMV may need to close hundreds of stores and sell its Waterstone's book chain to provide the money to accelerate its shift away from declining CD and DVD markets and secure its long-term survival.
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Archbishop of Canterbury to conduct royal wedding
The Archbishop of Canterbury Rowan Williams, spiritual head of the Anglican Church, will marry Britain's Prince William and his girlfriend Kate Middleton later this year, the prince's office said on Wednesday.
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British album sales decline again in 2010
Album sales fell by seven percent in Britain last year, despite a 30% jump in the number of digital albums purchased, industry lobby group the BPI said on Wednesday.
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Three tips for rewarding bonuses: Management tip of the day
There are a few tips to keep in mind to help navigate the shark-infested waters of bonus season, according to Harvard Business Review.
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Banks, emerging markets to drive fundraising market
European banks and insurers could account for up to USD 50 bn of fundraising deals this year as they strive to meet tough new regulations, and assets are spun off by institutions and governments recovering from the financial crisis.
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'Gulliver's Travels' tops UK box office
The 3D update of Jonathan Swift's 18th century satire on human nature "Gulliver's Travels" gave the British box office a storming start to the year, despite having failed to make much of an impact in North America.
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Obama's screen mother held for drug possession in Indonesia
A South African actress who played Barack Obama's mother in an Indonesian movie about the US president's early life has been arrested and charged with drug possession, Jakarta police said on Wednesday.
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Kiri Dyes to approve sub-division of equity shares
Kiri Dyes and Chemicals to consider and approve sub-division of equity shares in the meeting, which will be held on January 17, 2011.
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Diamant Infra bags order of Rs 40.90 cr
Diamant Infrastructure has been awarded work for price of Rs 40.90 crore by Ashoka Buildcon.
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Sambandam Spin board to consider Interim Dividend
Sambandam Spin board to consider Interim Dividend in the meeting, which will be held on January 29, 2010.
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Jayshree Chem commissions 152 TPD plant ahead of schedule
Jayshree Chem has commissioned 152 TPD plant ahead of schedule with a total capital outlay of Rs 150 crore.
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Add BPCL; target of Rs 759: IIFL
IIFL has recommended add rating on BPCL with a target of Rs 759 in its January 5, 2011 research report.
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Unity Infra bags order of Rs 122.14 cr
Unity Infraprojects has bagged contract of Rs 122.14 crore from Director General, MAP - Government of India.
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Maytas Infra bags order of Rs 372.64 cr from NHAI
Maytas Infra has bagged a contract from NHAI for construction of 4-laning Road in the state of Assam for a total value of Rs 372.64 crore.
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Lavasa check: Medha Patkar advises team on areas to inspect
Social activist Medha Patkar met with the inspection panel to discuss serious violations of the Lavasa project. She has instructed the inspection panel on which areas needed to be visited and said that she would be accompanying the technical panel on the inspection.
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MFI Ujjivan raises Rs 40cr via NCD route
At a time when microfinance institutions are facing liquidity crunch due to the tightening in the regulatory environment, Bangalore-based Ujjivan Financial Services has raised Rs 40 crores of debt capital from DWM through issuance of non-convertible debentures.
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Four sectors investors & dealmakers chased in 2010
After a lull in deal-making activity (both private equity and M&As) post the credit crisis (in 2008), a slow revival in deals in 2009 gave way to a surge at the end of 2010.
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Ikya Human Capital buys Magna Infotech for Rs 100cr
Ikya Human Capital Solutions, a Bangalore-based integrated HR solutions company, has acquired Hyderabad-based IT staffing company Magna Infotech in a Rs 100-crore deal.
