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Tata Steel plans a nearly 50% capacity expansion in India to defend market share and secure raw materials, with most capex expected from internal accruals. This strategic move aims to align new capacities with anticipated demand growth post-FY29, ensuring profitability and maintaining a healthy balance sheet.
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Use of tanning beds nearly triples the risk of developing melanoma, and it also damages the DNA of skin cells across the body, according to a study from Northwestern Medicine.
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India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while increasing it to 15% for minority shareholders. The agreement also proposes allowing India to tax share sales by any French entity, shifting to a source-based capital gains framework.
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News and Media
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