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Data shows a slump in car and van production as the industry trade body hopes a UK-US tariff deal will bring "confidence".
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Tata Motors' shares experienced a surge, driven by optimism surrounding potential global trade deals that could lower automobile export tariffs. The US-Japan agreement, reducing tariffs on Japanese car exports, fueled speculation of similar pacts with the EU.
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GNG Electronics IPO saw strong demand, subscribed 15.11 times by Day 2. Retail and NII participation was robust, and GMP indicates a 42% listing premium. The company, Indias top refurbisher, posted strong growth with a 46% revenue CAGR. Brokerages recommend subscribing, citing scale, market leadership, and formalisation trends.
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