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Business News

Volkswagen To Roll Out India-specific Compact Sedan Next Year

German car major Volkswagen AG said it will roll out an India-specific compact sedan next year from its Pune plant and has invested Rs 720 crore in the development of the new model.

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Future Generali India Life Insurance Launches Rural Product 'Jan Suraksha'

Future Generali India Life Insurance Company Limited has launched a new rural product which is a non-linked, non-participating plan that provides a life cover at an affordable cost through a one time premium payment.

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Ola Appoints Infosys' Rajiv Bansal As CFO

Ola Cabs has appointed Rajiv Bansal as its Chief Financial Officer. Rajiv brings close to 21 years of experience in finance sector. Rajiv will be part of Ola’s core leadership team and join the company in January 2016.

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Pfizer, IIT Delhi Launch Innovation & IP Program

The objective of 'The Pfizer IIT-Delhi Innovation and IP Program' is to nurture, support, celebrate and reward healthcare innovations that are made in India.

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Indian Gold Demand Seen Falling To 8-Year Low In Festive Quarter

December quarter demand could fall to 150 to 175 tonnes from 201.6 tonnes a year ago and a five-year average for the quarter of 231 tonnes

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Fraud In India Inc On The Rise

It’s been whispered about; and now it’s out there in numbers – frauds have moved northwards. Eighty per cent of Indian executives were hit by frauds in the past year, says the `2015 Kroll Global Fraud Report’ and we have the highest incidence of fraud globally, in four out of the 11 fraud types

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Government To Hike Minimum Wages To Boost Economy: Labour Secretary

Trade unions have been demanding for a minimum wage of Rs 15,000 per month across the board which should be applicable in the entire country

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India Successfully Tests Nuclear Capable Prithvi II Missile

The surface-to-surface Prithvi-II missile is capable of carrying 500 kg to 1,000 kg of warheads and is thrusted by liquid propulsion twin engines

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Gold Near Multi-Year Lows As US Data Supports Rate Hike View

Gold had seen some safe-haven bids earlier in the week after Turkey downed a Russian fighter jet, stoking tensions between the two countries, but have faded since as investors fretted over the US rate hike

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Rajasthan Government Moves To Help Loss-Making Power Utilities

Discoms in Rajasthan are in heavy debt and the state is keen to re-energise them by taking over a significant portion of their financial burden under the UDAY scheme

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