Author: AB Wire

AB Wire stories are filed by American Bazaar staff writers and contributors. If you want to contact one of our reporters, feel free to email editor@americanbazaaronline.com

Italy’s Benetton family is also in the race. Bajaj Auto Ltd, one of India’s top two wheeler manufacturers, is expected to announce the acquisition of the European high-performance motorcycle brand- Ducati. When the company’s annual meet was held on last day, Rajiv Bajaj, managing director of BAL told the shareholders that they are planning to settle a new alliance. “We are very close to finalizing a very promising alliance. It’s not certain that it will happen, but if it happens, it will open up enormous possibilities for the company,” Bajaj said. He also mentioned that if things go as planned, an…

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