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Volkswagen Picks Company Veteran to Tackle Emissions Crisis

Wolfsburg, Germany: Volkswagen named company veteran Matthias Mueller as its chief executive on Friday as the German carmaker struggles to get to grips with a crisis over rigged diesel emission tests that its chairman called "a moral and political di

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Mercedes brings the Maybach S600 saloon to India priced at Rs 2.6 crore

Mercedes has launched the luxury Maybach S600 in India and a whooping amount of Rs 2.6 crore is what you will have to shell out(before taxes and registration) to park this ultimate luxury car in your garage.The Maybach S600 is an even more luxurious

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Fed Is Likely to Raise Interest Rates This Year: Yellen

US Federal Reserve chief Janet Yellen on Thursday said she still expects to increase interest rates in 2015 and that concerns about weaker global growth likely will not affect that plan.Yellen said improvements in the US economy "will likely entail a

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5 things to know about Ford India's All-New Figo

Ford India on September 23 launched the latest version of its popular hatchback All-New Figo at Rs 4,29,900 ex showroom (Delhi).Ford India President and Managing Director Nigel Harris said that the All-New Figo is an able and worthy successor to one

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RBI cautious despite political pressure for rate cut

Though the Reserve Bank of India is expected to cut interest rates next week by a 0.25 basis points to a four-year low, officials say concerns over prices make it likely to resist political pressure for significant easing in the coming months.In grow

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No allocation for power units till court case is resolved

The central government will not offer any coal blocks to the power sector till the court directive which disallows fuel pass-through costs gets resolved.“In the next round of auctions, there will only be coal blocks for the unregulated sectors. We

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Flipkart confirms valuation at $15.2 billion

For the first time, India’s top e-commerce company Flipkart has spoken about its valuation. The unlisted Bengaluru-based company, which is learnt to be preparing for an initial public offering (IPO), confirmed to Business Standard in an e-mail repl

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Uninor changes name to Telenor, expands call drop refund plan

Uninor today changed the brand name to Telenor, the name of its parent company, while extending call drop reimbursement offers to all calls made from its network, in a move to position itself as "the most affordable service provider" in the country."

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