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The Budget slashed customs duty not just for big motorcycles with engines above 1,600cc, but even in case of smaller ones, offering relief to those buying imported Honda, Suzuki, Ducati and KTMs. The fully built units will now face 40% customs duty instead of 50% earlier. For 1,600cc motorcycles and above, customs duty was cut from 50% to 30% for …

HYDERABAD: Swiss banking giant UBS is doubling its global capability centre (GCC) footprint in Hyderabad with plans to create another 1,800 new jobs over the next two years.The expansion will mainly focus on beefing up UBS’s finance and operations functions by leveraging the quality talent pool available in the city, the banking biggie said.The announcement was made by UBS India …