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Popular Articles

FMCG players mull 3-6% hike in biscuits, confectionary prices
Fast moving consumer goods (FMCG) majors like Britannia, ITC and Parle Products are mulling price hikes and cost-cutting measures on the back of a weak monsoon season, coupled with soaring sugar prices.

'Unrealistic valuations hampering PE deals'
Many entrepreneurs wanting to sell a stake have unrealistic valuations of their companies. This is a major block for private equity (PE) players to close a deal. Also, many do not have a second plan if talks fall apart, according to speakers at the Private Equity Conference at the Indian School of Business.

News of the day

Cabinet meet cancelled
A meeting of the Union Cabinet scheduled today was cancelled in view of Prime Minister Manmohan Singh"s visit to Kolkata to see the ailing CPI(M) leader Jyoti Basu.
Management

Chiranjeevi meets Chidambaram on Telangana issue

Actor-turned-politician Chiranjeevi, whose party Praja Rajyam is opposed to bifurcation of Andhra Pradesh, today met Home Minister P Chidambaram and apprised him of the "deteriorating" law and order situation in the state. Chiranjeevi requested the Home Minister to ensure that the current academic session of various universities is not affected by the agitation to carve out a separate Telangana. Union Minister D Purandeswari was also part of the delegation led by Andhra Pradesh Minister Venkat Reddy. Reddy said they discussed the prevailing law and order situation in the state and hoped that the pro- and anti- Telangana factions will find a peaceful solution.


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