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Ducati unveils Monster 1200 R

Ducati took the wraps off its new Monster 1200 R during the Volkswagen Group Night in Frankfurt. This motorcycle will run the R version of Testastretta 11° DS twin-cylinder engine.Compared to the engine on Monster 1200 S, this version delivers 10 pe

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Ola to invest Rs 5,000 crore in cab leasing business

Taxi aggregator app Ola will invest Rs 5,000 crore in the coming year to expand its newly formed cab leasing business.The Bengaluru-based firm has also roped in former LeasePlan India executive Rahul Maroli as Vice President (Strategic Supply Initiat

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Sensex Ends Flat But Posts First Weekly Gain In Five

Reversing early gains, BSE Sensex and Nifty closed nearly flat on Friday. But for the week the BSE Sensex gained 1.62 per cent, and Nifty gained 1.75 per cent - recording their first weekly gain in five weeks.Here are top 10 developments:1) With the

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Reliance Group's Revenue Up 9%, Crosses Rs 2.5 Lakh Cr

Textiles-to-telecom conglomerate Aditya Birla Groups consolidated revenue has crossed Rs 2.5 lakh crore mark with a growth of 9% in the latest fiscal, group chief Kumar Mangalam Birla has said.Textiles-to-telecom conglomerate Aditya Birla Groups cons

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RBI Panel's Recommendations On Urban Cooperative Banks Hit Industry Hurdle

JAIPUR: The federation of urban cooperative banks today rejected the report of the RBI committee on UCBs alleging that its recommendations would have adverse impact on growth of the banks. Chairman of the National Federation of Urban Co-operative Ban

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Mukesh Ambani Likely To Exit Navi Mumbai SEZ

Reliance Industries chief Mukesh Ambani is planning to exit the Navi Mumbai special economic zone (SEZ), as the project has failed to take off in the past 11 years, despite extensions by the Maharashtra government. The SEZ’s promoter, Jai Corp (own

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Transasia Bio-Medicals To Launch IPO To Fund Growth Plans

Transasia Bio-Medicals, the largest Indian manufacturer of medical devices, plans to go for an initial public offering (IPO) in the next 12-24 months to fund growth. The company, with annual revenue of Rs 1,000 crore, is promoted by Suresh Vazirani w

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Sugar Production Estimates Likely To Be Cut For Current Year

Despite several policy measures in the past few months, sugar companies are still in the doldrums as most of these have not helped them. Although sugar price has increased about 10% in recent weeks, the increase is largely on account of reports of su

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