Diabytes
Ambassador car News
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The iconic brand Ambassador, which used to be a symbol of the high and mighty in power corridors, has changed hands, with Hindustan Motors selling it to European auto major Peugeot for Rs 80 crore.
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Private sector lender ICICI Bank has acquired a 5.15 percent stake in Hindustan Motors as part of settlement with the cash strapped maker of the iconic Ambassador car.
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