TNM

Wadia group buying Danone’s stake to get complete control over Britannia

Wadia GroupAfter finalizing a $200 million buyout transaction with French bigwig Groupe Danone - for its equal stake in biscuit major Britannia – the Wadia group will get complete control over Britannia Industries. Danone will sell its complete 25.48 percent stake to Leila Lands, a Wadia group firm which indirectly holds a similar stake in the biscuit company.

The takeover of the biscuit joint venture company, Britannia Industries, by Wadia will bring to an end the rancorous three-year scuffle between Wadia group and Danone, as the deal will mark the complete exit of the French foods’ company.

Sensex At Five-Month High; Nifty Ends Above 3,250

Sensex At Five-Month High; Nifty Ends Above 3,250The benchmark Sensex, on Monday (April 06), marked its closure on a strong note although profit-booking at higher levels trimmed early sharp gains.

The firm buying action witnessed across frontline stocks assisted Sensex to continue its positive run for the fourth straight session, gaining by another 186.04 points to end at nearly a 5-month peak of 10,534.87.

The broad-based NSE Nifty surged 45.55 points (1.42%) at 3,256.60 after touching an intraday high of 3,303.90 and an intraday low of 3,211.35.

IBBFF To Honor HIV+ Body Builder

Khundrakpam Pradip Kumar SinghFor many HIV positive people life comes to an end after cognizing about the deadly disease, but for the 38-year-old Khundrakpam Pradip Kumar Singh, a Manipuri body builder, his real life began in March 2000 when he came to know, he was HIV positive.

Defying physicians who warned him against the severities of muscle building, Pradip joined a gym.

After a long gap of nine years, Pradip today has several achievements to his credit, which also includes the ‘Mr. Manipur’ title in 2007.

Google wins IPR cases against Ascio Technologies and Net Jobs

Google Inc.The internet search giant, Google secured significant victories in its Intellectual Property Rights (IPR) cases against two Indian companies last month. The World Intellectual Property Rights Organization (WIPO) gave its verdict in favor of Google, in its domain names’ cases against Ascio Technologies and Net Jobs, and the WIPO arbitration and mediation committee transferred the domain names "googlehrd.com" and "mygooglemoney.com," used by the two Indian companies, to Google.

Indiagames, EA team up to offer EA games through its online GoD service

Indiagames/EAThe gamers in India will now be able to get EA games via Games on Demand (GoD) subscription service of Indiagames! Well, Indiagames, the UTV enterprise in India has teamed up with Electronics Arts (EA) to dish out EA games through its (Indiagames') online GoD (games-on-demand) service.

Economic Crisis Takes Toll On Health Of Corporate Sector Workforce: Assocham Report

Economic Crisis Takes Toll On Health Of Corporate Sector Workforce: Assocham ReportThe worldwide economic recession is spreading obscurity and misery all over.

In its latest report, industry body Assocham said that over half of corporate India's personnel suffers from a range of chronic and lifestyle problems.

The report also said employees working in the information technology (IT) and IT-enabled services (ITES), media, knowledge process outsourcing (KPO) and financial services topped the list.
 

Pages