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JP Morgan, BofA gear up to fund Hershey's Cadbury bid
Two global lenders--JP Morgan and Bank of America (BofA) are preparing to lend US chocolate maker Hershey about $7 billion to bid for British confectionery major Cadbury, says a media report.

Top-8 cos add Rs 1 lakh cr in m-cap last week
The country"s most valued firm Reliance Industries (RIL) helped eight of the top-10 Sensex firms add over Rs 1 lakh crore in their market valuation during the last week, while the state-run MMTC and private telecom services provider Bharti Airtel saw value erosion.

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Govt to invite bids for three mega road projects by yr-end
The government will invite bids by this year-end for three mega projects worth around Rs 14,500 crore in the road sector, Road Transport and Highways Minister Kamal Nath said today.
Business Ideas

Bajaj Auto records 52% sales growth

Pune-based Bajaj Auto, India"s second biggest two wheeler manufacturer today stated that the company has recorded a growth of 52 per cent in sales of motorcycles at 249,681 units in October as against 163,850 units recorded in the same month a year ago. - Hyundai"s October sales up 11% - Maruti sales soar 32% in Oct - Bajaj rejigs portfolio, phases out two bikes in three months - TVS reports 12% increase in October sales - GM India Oct sales up 15% at 7,413 units - Japan"s vehicle production dives to 34-year low The growth has been led equally by 55,413 units of Pulsar and 95,139 units of Discover amid supply constraints, said the company today in a statement. Exports grew by 12 per cent during the same month at 84,012 units as compared to 75,092 units posted in the corresponding month a year ago. The Kawasaki Ninja 250R, which was launched by it in October has so far seen sales of 127 units.


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