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Hinduja Group's Ashok Leyland Ltd recently introduced the world to its new multi-purpose vehicle (MPV) called Stile, which has been developed by Ashok Leyland-Nissan Motor Co joint venture.

Scheduled to hit the roads later this year, the Ashok Leyland Stile will be rolled out of Nissan's Oragadam-based manufacturing facility.

The Stile will be available in Diesel as well as CNG versions. With seating options of 2 and 3 rows, the vehicle will target urban and rural areas, panel vans, hotel shuttles, taxi service, ambulance service and more.

Chennai, July 17 - Reliance Capital Asset Management (RCAM) closed the first quarter of the current fiscal increasing its asset under management (AUM) by Rs. 7,000 crore as compared to previous year's comparable quarter, said the company.

In a statement Wednesday, RCAM - part of Reliance Capital Ltd. - said the total asset under management stands over Rs. 180,000 crore across mutual/pension funds, offshore mandates and others.

Mumbai, July 17 : Celebrities like Ranbir Kapoor, Priyanka Chopra and Katrina Kaif were among those who attended a special screening of "Ship Of Theseus" here, organised by actor-filmmaker Aamir Khan.

Among others who were seen at the event held Tuesday were Parineeti Chopra, Kunal Kapoor, Nawazuddin Siddiqui, Ashutosh Gowariker, Rajkumar Yadav, Aditi Rao Hydari and Kunal Kohli.

Aamir's wife Kiran Rao is presenting "Ship Of Theseus", directed by Anand Gandhi. Aamir not only hosted a special screening for the project, but also a party.

The Bombay Stock Exchange (BSE) Sensex gained more than 100 points in early morning trade on Wednesday, thanks to the government's decision to relax Foreign Direct Investment (FDI) norms for various industries.

Shares of telecom companies gained the most as the government allowed foreign companies like Vodafone, Telenor and Sistema to run operations in India without requiring an Indian partner. Currently, foreign companies can hold only up to 74 per cent stake in local telecom companies.

U. S. homebuilders have indicated that they are increasingly optimistic about strengthening sales in the housing markets.

The National Association of Home Builders and Wells Fargo builder sentiment index increased to 57 during the month compared to 51 in June recording its third monthly gain. High sentiment indicates that the builders are expecting high sales and would increase construction of homes in the country. A rating of more than 50 on the index indicates that more number of homebuilders expect good sales conditions.