Brokerages give Nestle thumbs-down

Brokerage houses have begun downgrading Gurgaon-headquartered Nestle India, following a 1.1 percentage point increase in the rate of royalty by the company.Nestle announced on Friday the increase......

30% premium over share value unacceptable: Cadbury

Cadbury India has told the Bombay high court that the 30 per cent premium recommended by accountancy firm Ernst & Young over the previously-suggested valuation of Rs 1,340 per share was not......

Cadbury shares: Valuers appointed; investors happy

In a relief to over 8,000 investors, the Bombay high court has appointed Ernst & Young as independent valuers to evaluate shares of Cadbury India whose promoters have proposed to acquire 2.5 per......

Are all fund managers insiders?

What is common among terrorists, drugs-related offenders and fund managers?These are the only persons for whom the provision 'innocent until proven guilty' under the law of the land does not......