Vodafone in record $128.5-billion hostile bid for Mannesmann AG
Mobile phone giant Vodafone-AirTouch Plc launched the world's largest hostile bid on Friday with a revised 124 billion euro ($128.5 billion) offer for its European partner, Mannesmann AG of Germany.

Gujarat Ambuja denies offer to sell cement at Rs 110 a bag in TN
Cement major Gujarat Ambuja Cements Ltd has denied press reports that it had offered to sell cement in Tamil Nadu at Rs 100 to Rs 110 per bag. In a press communique, the company has stated that it had not given any such indications to media people.

Sundram Fastners targets foreign market to boost sales
Auto-parts major Sundram Fastners has cracked the Japanese market as part of its export thrust, which would see the company clocking 40% of its total sales from overseas markets in five years, a top


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