Takeover rules may be toughened;
Takeover rules may be toughened as the Takeover Panel is going preparing to scrutinize its rules in the wake of Kraft' s takeover of the British chocolate maker Cadbury.
The new takeover code, which market regulator Sebi recommended on Monday proposing hike in the threshold that triggers a mandatory open offer as well as the size of the offer, will help the minority shareholders, according to captains of the Indian industry.