Date-wise News

Nestle USA, paid $641 million to buy General Mills' 50% stake in Ice Cream Partners USA, the joint venture struck in 1999 to combine Nestle's novelty ice cream business with Pillsbury's Haagen-Dazs frozen desserts. The new agreement, which gives Nestle a 9

exchange4media Staff Dec 29, 2001 10:17 AM

Sony Corp is in talks with computer giant Fujitsu Ltd to acquire Nifty Corp, Japan’s largest Internet service provider, for about 100 billion yen ($762.7 million).

exchange4media Staff Dec 29, 2001 10:16 AM

Hindustan Lever is selling of a part of its minority stake in Tasty Bite Eatables, to Preferred Brand Foods (India) for an undisclosed price.

exchange4media Staff Dec 29, 2001 10:16 AM

Tricon Restaurants International, the promoter of Pizza Hut in the country, is looking at opening its Taco Bell chain of Mexican restaurants in India and other Asian markets.

exchange4media Staff Dec 29, 2001 10:15 AM

The Mauritius Tourism Board has embarked on an unusual and uncharacteristic advertising strategy. The Board has hired two celebrities — Beri and Arora — to promote the place as a great tourist destination. The hunt, meanwhile, is on for a male celebrity to

exchange4media Staff Dec 29, 2001 10:14 AM

Many of the private FM Radio licensees face the prospect of forefeiting bank guarantees totalling around Rs 150 crores if the Union Cabinet meeting today decides against extending the deadline.

exchange4media Staff Dec 29, 2001 10:13 AM