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US markets slump; Wipro bucks trend
US markets slumped on Thursday.

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Business Standard / New Delhi December 24, 2009, 0:40 IST

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Blackstone may buy AB InBev's theme park for $3 bn
Blackstone Group, the world’s largest private-equity firm, may buy the amusement-park business of Anheuser-Busch InBev for about $2.5 billion to $3 billion, according to a person familiar with the discussions.
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VE Commercial Vehicles' sales up 37%

VE Commercial Vehicles today reported 37 per cent increase in sales in September at 2,558 units as against 1,865 units in the same month last year. - Ashok Leyland"s Pantnagar plant to go on floor in few months - Smoother ride for commercial vehicles as economy recovers - Ashok Leyland: A slow recovery - Mercedes-Benz: Merc's trucks roll out - Commercial vehicles" Aug sales up 37% - SC refuses to stay HC order on phasing-out old com vehicles The domestic sales during the month stood at 2,316 units as against 1,552 units last year, up 49 per cent, the company said in a statement. Exports during September was down 23 per cent at 242 units compared with 313 units last year. Commenting on the sales performance, VE Commercial Vehicles Executive Vice-President (Sales, Marketing and Aftermarket) Somnath Bhattacharjee said the company has been able to outpace growth witnessed by the industry. "We have been constantly working to improve the competitiveness of our products and offerings through improved product quality and distribution network. We have increased market share across all product categories by enhancing the customer value proposition," he added.


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