LONDON/CHICAGO - Kraft Foods sealed a friendly deal to buy British candy maker Cadbury for about $19.6 billion (11.9 billion pounds) after frantic last-minute talks broke an impasse over price.
Kraft Chief Executive Officer Irene Rosenfeld had to inject more cash into her bid and drop the number of new shares in the offer to win over Cadbury Chairman Roger Carr and mollify billionaire investor Warren Buffett, the U.S. food company's top shareholder.
The deal would create the world's biggest confectioner, and analysts see little likelihood of a counterbid.
The cash-and-stock agreement, which dealmakers said was struck after all-night negotiations at the London headquarters of investment bank Lazard, values each Cadbury share at 840 pence. Shareholders are also set to get a 10p special dividend, bringing it to a total of 850p.
Thursday, January 28, 2010
Tuesday, January 26, 2010
Saturday, January 23, 2010
Thursday, January 14, 2010
SOLAR ECLIPSE IN INDIA 2010
solar eclipse to be visible between 11 am and 3 pm in india on 15january2010
A solar eclipse occurs when the moon passes between the Sun and the Earth so that the Sun is fully or partially covered. This can only happen during a new moon, when the Sun and Moon are in conjunction as seen from the Earth. At least two and up to five solar eclipses can occur each year on Earth, with between zero and two of them being total eclipses.[1][2] Total solar eclipses are nevertheless rare at any location because during each eclipse totality exists only along a narrow corridor in the relatively tiny area of the Moon's umbra.The path of annularity at this eclipse will start in Africa. After crossing most of the Indian Ocean, it will hit the Maldive Islands. The center of the path goes a bit off the southern tip of India, but not by much. The path of annularity then crosses northern Sri Lanka, where I would love to go, but it may be too close to the end of their military difficulties for me to travel there yet.
Where to go for an eclipse is in part a scientific and in part a cloud-cover-statistics decision, but political situations do play a part. Annularity will cross part of Myanmar, which I am not willing to visit now, though I do know at least one person who is going there. The path continues into China, where at least one of my colleague’s from last summer’s total eclipse, Yihua Yan from the Beijing Solar Observatory, will watch from Yunnan.
Partial phases will be visible for hundreds of miles to either side of the band of annularity
courtesy newyork times
A solar eclipse occurs when the moon passes between the Sun and the Earth so that the Sun is fully or partially covered. This can only happen during a new moon, when the Sun and Moon are in conjunction as seen from the Earth. At least two and up to five solar eclipses can occur each year on Earth, with between zero and two of them being total eclipses.[1][2] Total solar eclipses are nevertheless rare at any location because during each eclipse totality exists only along a narrow corridor in the relatively tiny area of the Moon's umbra.The path of annularity at this eclipse will start in Africa. After crossing most of the Indian Ocean, it will hit the Maldive Islands. The center of the path goes a bit off the southern tip of India, but not by much. The path of annularity then crosses northern Sri Lanka, where I would love to go, but it may be too close to the end of their military difficulties for me to travel there yet.
Where to go for an eclipse is in part a scientific and in part a cloud-cover-statistics decision, but political situations do play a part. Annularity will cross part of Myanmar, which I am not willing to visit now, though I do know at least one person who is going there. The path continues into China, where at least one of my colleague’s from last summer’s total eclipse, Yihua Yan from the Beijing Solar Observatory, will watch from Yunnan.
Partial phases will be visible for hundreds of miles to either side of the band of annularity
courtesy newyork times
Sunday, January 10, 2010
Monday, February 23, 2009
JAIHO AR RAHMAN WINS TWO OSCARS

Indian music maestro A.R. Rahman became the first Indian to bag two Oscars for his work in British filmmaker Danny Boyle's much acclaimed 'Slumdog Millionaire', which tells the rags-to-riches story of a Mumbai slum dweller.
He got his first Oscar on the night of the 81st Academy Awards here for best original score for the Mumbai-based drama.
The composer was overwhelmed and interspersed his speech with Hindi as well as Tamil on receiving the coveted trophy here Sunday.
THE FILN SLUMDOG MILLIONAIRE
WON A TOATL OF 8 AWARDS
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