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Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand slump, exacerbated by recent guidance cuts from Porsche and pre-buying trends. While domestic auto majors acknowledge a recent slowdown, TVS remains optimistic about two-wheeler growth, contrasting with Maruti's muted outlook on passenger vehicles.
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News and Media
The BBC understands food availability should be back to normal by the end of the week.
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News and Media
Ather Energy's Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors showed consistent interest, while QIBs surged in the last stretch. Despite valuation concerns and a declining GMP, analysts offer mixed recommendations, citing Ather's growth potential and premium positioning.
Category:
News and Media
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