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US markets ended on a positive note; Dow Jones up 1%
The Dow Jones industrial average advanced to its highest close in 14 months on Tuesday as a weak dollar boosted natural resource companies" shares and economic data reinforced hopes for a sustainable recovery.

Hershey trust pushes $17-bn offer for Cadbury
Hershey Co’s controlling trust wants the candy company to make a $17 billion bid for British confectioner Cadbury Plc, the Wall Street Journal reported, citing unidentified people familiar with the matter.

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Asian markets remain weak
The Asian markets continue to trade weak.
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Koda Case: ED conducts searches at Emaar MGF's offices

The Enforcement Directorate today conducted searches on the premises of realtor Emaar MGF in connection with the multi-crore illegal Hawala and investment case involving former Jharkhand Chief Minister Madhu Koda. - ED to soon move court for Koda"s custody - ED gets arrest warrant against Koda"s close aide - Koda fails to appear before ED in Ranchi - Koda puts net assets at just Rs 1 cr at LS polls - ED focus on Mumbai firm to track Koda"s money - Koda"s interrogation likely to begin today The search followed the ED finding certain documents that showed Koda"s associates on the board of certain Emaar group companies, ED sources said. Emaar MGF is a joint venture between Dubai-based Emaar Properties and India"s MGF Development. Sources said one of Koda"s associates, Vikash Sinha, who is in judicial custody, has now disclosed that he and some others had invested on behalf of Koda in the same companies. When contacted, a Emaar MGF spokesperson did not offer any comments immediately.


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