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To bid or not to bid
Hershey: Hershey is smaller and brings less to the table than Kraft Foods in a potential takeover battle for Cadbury. But the U.S. chocolate and gum maker may have one distinct advantage in the battle for the UK confectioner: a potentially irrational owner.

Steel Ministry set to give shape to long-delayed reforms
There is generally little to recommend on government publications except for those that have some useful data. Not that there will not be exceptions. A new brochure from the steel ministry will find favour for offering an unambiguous roadmap for the industry’s future, along with neatly arranged data.

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Govt initiates anti-dumping probe against acetone imports
The government is mulling imposing anti-dumping duty on imports of acetone, a chemical used in drugs and explosives, to protect domestic players from cheap shipments from Japan and Thailand.
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Yale, Harvard, MIT buy Sibal's plan

Ivy League colleges – Yale, Harvard, Princeton and the Massachusetts Institute of Technology – have approached the ministry of human resources development to collaborate in the proposed Innovation Universities across the country, official sources said. - An "exit strategy" for the "new normal" - Why Mukesh Ambani and Steve Jobs make better CEOs - Mukesh Ambani ranked 5th best CEO in the world - Mukesh Ambani ranked 5th best CEO in the world - Coffee therapy - Foreign varsities welcome but can"t make profits: Sibal These universities are a part of the ministry’s “brain gain” policy to attract talent from all over the world. Human Resources Development Minister Kapil Sibal had last August announced that 14 Innovation Universities will be set up in the country under the 11th Five-year Plan (2007-12). During his visit to the US in October, Sibal had met senior functionaries of three top universities – Harvard, Yale and MIT – and had discussed the prospects of them setting up Innovation Universities in India in partnership and collaboration with Indian institutions. Sam Pitroda, the well-known technocrat and the head of the National Knowledge Commission, is learnt to be drafting the details for establishing the Innovation Universities. “Pitroda will soon meet Prime Minister Manmohan Singh and discuss the matter. An announcement on the details could come up during the Republic Day ceremonies,” said a source close to the development. The ministry is also looking at public-private partnerships for establishing some of the Innovation Universities. This means that these universities would be autonomous, and outside the purview of the University Grants Commission or the All India Council for Technical Education.


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