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Popular Articles

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.

ABC Paper shelves plan to set up new plant
Punjab-based ABC Paper has put on hold its plan to set up a new agro-based facility with an investment of Rs 1,000 crore in view of sluggish demand and said it would rather stabilise existing operations.

News of the day

Google postpones mobile phone launch in China
Google today postponed the launch of its mobile phone in China, adding to the potential commercial fallout of its dispute with Beijing over Internet censorship and e-mail hacking.
Online Business

Reliance MF to launch Islamic fund in Malaysia soon

Reliance Mutual Fund will shortly launch an Islamic fund in Malaysia, a top company official said. "We have set up a subsidiary and it is launching an Islamic fund in Malaysia shortly," Reliance Capital Asset Management CEO, Sundeep Sikka, told reporters on the sidelines of a press meet here.


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