In automobiles or retail, engineering or even the regulated insurance sector, the traction for foreign investors seems to be rising.
The three top executives -- chairman Roger Carr, chief executive Todd Stitzer and chief fiancial officer Andrew Bonfield -- announced on Wednesday their intention to resign from Cadbury following 'Kraft Foods' decision to declare its offer for Cadbury unconditional', Cadbury said in two separate statements.
US confectioner Hershey Co is preparing a bid for British chocolate maker Cadbury, that will counter US-based Kraft Foods' 10.4 billion pound hostile offer.
Confectionery maker Cadbury, which has agreed to be acquired by US-based Kraft Foods, on Tuesday said India will remain a key market for its business.
Britannia executives were, however, non-committal on whether the company had initiated discussions to return the Little Hearts trademark and the right to use the product recipe back to Groupe Danone.
The NBA postponed its season last month when it learned that one of its players had tested positive for the coronavirus and other leagues quickly followed suit, bringing a halt to the professional sports calendar.
These showstoppers truly stole our hearts on the ramp.
Immunity boosting foods and drinks. Sustainable fashion. Beauty products with natural ingredients. There was always a market for these, and the pandemic has only made it bigger. Within beauty, brands have recorded a greater demand for ayurveda products.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Prime property rates in South Mumbai at Rs 60,000 a sq ft remain high despite a slowing realty market.
Gail Katz, the producer of the 1997 Harrison Ford thriller Air Force One says Donald Trump is using legendary composer Jerry Goldsmith's music without permission.
Athletics Federation of India (AFI) has installed a special strength-building German machine for the use of the country's elite javelin throwers like Olympic-bound Neeraj Chopa and Shivpal Singh at the Netaji Subhas National Institute of Sports in Patiala.
With Ju-C, the beverage maker launches a price war in the fruit juice space.
The chocolate brand, which is sold in over 122 countries, would be available in the country through modern retail outlets in five pack sizes.
In 2010, Kraft Foods had acquired British candy maker Cadbury in a deal worth close to $19 billion.
Devise new strategy to take on competition from multinational brands.
The wait for the new iPhone is over as the tech giant Apple officially launched its new iPhone 13 and iPhone 13 Pro on September 14.
Oreo is around 100 years old brand and currently generates a revenue of $1 billion globally. In India, the company will be launching the biscuit in dark chocolate flavour.
Over 1,000 aspirants, including 62 from India, have been short-listed for an ambitious private mission to send four men and women on a one-way trip to Mars in 2024 to establish a permanent colony on the red planet.
Cadbury India said it will start local manufacturing of parent Kraft Foods' orange drink Tang, while it will also embark on a capacity expansion for its confectionery products.
The chocolate may turn a tad bitter for Cadbury India. In a clear victory for the chocolate maker's minority shareholders, Ernst & Young (E&Y)--the Bombay High Court-appointed valuer--has recommended a 30 per cent premium to the company's valuation than what was prescribed by two independent valuers, Bansi S Mehta and SSPA.
NFL players, owners defy Trump on anthem protests as feud ramps up
The market share of Mondelez, which owns Cadbury, for its premium brands is way ahead of competitors, despite stiff fight in this arena.
The move comes after the maker of Dairy Milk chocolate rejected a renewed 9.8 billion pound hostile bid from American food giant Kraft Foods.
A dominant leader in the volume segment, the company's latest move is designed to strengthen its presence in the value market as well.
Hostile takeover bids worldwide have slumped 66 per cent to $124.4 billion so far in 2009, with US-based Kraft Foods' $19.8 billion offer for British major Cadbury being the second largest.
American Brittany Lincicome won her first major title in spectacular style at the Kraft Nabisco Championship on Sunday, eagling the par-five last to triumph by one shot.
Spinoffs often provide attractive long-term investment opportunities. Here are a few potential stars.
Are breakthroughs on this imminent, asks Ajit Balakrishnan.
Bajaj sold his 18-month-old start-up WhiteHat Jr to Byju Raveendran for $300 million in an all-cash deal - over the video conferencing platform Zoom. The deal is the biggest in the Indian edtech sector by far.
New Zealander Lydia Ko became the youngest woman to win a major when the 18-year-old carded a final-round 63 to claim the Evian Championship at Evian-Les-Bains, France, on Sunday.
Liverpool laboured to a 2-0 win over Denmark's Midtjylland on Tuesday as a goal from Diogo Jota and a Mohamed Salah penalty secured a hard-fought Champions League Group D victory at Anfield.
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Bayern Munich scraped past Hertha Berlin 1-0 courtesy of an Arjen Robben goal to stretch their lead at the top of the table to 10 points and extend their unbeaten Bundesliga run to 16 games over two seasons.
Ved Prakash who has been working in the field of recyclable raw materials for 29 years aims to 'create value' every day.
Here's your weekly digest of the craziest and funniest stories from around the world
Buffett typically makes his donations in July, reducing the number of shares by 5 percent from the prior year.
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