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Vespa 946 Emporio Armani edition worth Rs 9.40 lakh coming to India

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  Engine

At the heart of the Vespa 946 Emporio Armani edition comes a 125cc, 4-stroke, mono-cylinder engine that produces peak power at 11.7hp and peak torque of 10.3Nm.

Features

On the features front, the Vespa 946 Emporio Armani edition gets LED headlamps, LED tail lamps with LCD instrument panel, traction control system and Anti Slip Regulator. Moreover, the exclusive scooter also gets double disc, two-channel ABS, and 12-inch alloy wheels which speaks volume of the brand.

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Design

The upcoming Vespa 946 gets the trademark Armani signature colour palette along with a combination of grey and green, which is visible under certain light. The scooter also gets the Emporio Armani moniker to show its exclusivity.

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Price

As we mentioned earlier, the Vespa 946 Emporio Armani edition will be the most expensive scooter to come to India at a price of Rs 9.40 lakh (ex showroom, New Delhi). Now, you might be wondering why the company is launching a scooter at such an exorbitant price; the reason being, Piaggio has collaborated with none other than the iconic fashion brand, Emporio Armani, to come up with an ultra luxurious scooter for the elite.

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McDonald’s CEO fired over relationship with employee

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San Francisco, 4 Nov : Fast food giant McDonald’s has fired its CEO Steve Easterbrook after its board of directors found that he “demonstrated poor judgment” in a consensual relationship with an unidentified employee, the media has reported.

McDonald’s Corporation on Sunday announced that its Board of Directors has named Chris Kempczinski, most recently President, McDonald’s USA, as President and CEO, effective immediately. Kempczinski has also been elected to the McDonald’s Board of Directors.

“Kempczinski succeeds Steve Easterbrook, who has separated from the company following the board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the fast food giant said in a statement.

According to MarketWatch, Easterbrook sent an e-mail with a memo to employees acknowledging the relationship and said it was a mistake, Efe news agency reported. “Given the values of the company, I agree with the board that it is time for me to move on,” he said in the letter.

McDonald’s said it voted to approve Easterbrook’s departure last Friday after conducting a thorough analysis of the situation, and his compensation details will be known on Monday after the submission of documents to federal authorities.

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Now DGCA tells GoAir to change engines in 13 aircraft

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New Delhi, 29 Oct : The country’s civil aviation regulator — the Directorate General of Civil Aviation (DGCA) — has instructed GoAir to install at least one modified engine in 13 of its A320neo aircraft within the next 15 days.

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Bonanza for stock markets in the works; DDT to be scrapped

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New Delhi, 29 Oct : A bonanza is in the offing for the stock markets as the Prime Minister’s Office (PMO) and the Finance Ministry are working on measures which may include dividend distribution tax (DDT) to be scrapped and a review of existing slabs and holding period of long term capital gains (LTCG), short term capital gains (STCG) and securities transaction tax (STT).

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