On March 24, among sectoral indices, Nifty IT was the biggest loser, down 4.2%, followed by Nifty Auto and Nifty Media, which lost 3.9% and 3.5%, respectively.
The company said that the project is expected to generate a gross development value (GDV) of about ₹950 Crore.
The investment is focused on stabilizing Hyundai’s supply chain by ensuring timely domestic production of stamping tools and panels.
The company also pointed out that the tax calculation made by authorities is based on a 30% corporate tax rate in place of the 12.5%.
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The company has secured an Letter of Acceptance (LoA) for execution of the project from Bihar Medical Services and Infrastructure Corporation, it said in a statement.
Here are some of the stocks that may see significant price movement today: Britannia Industries, Hyundai India, Brigade Enterprises, etc.
FY25 saw record IPO collections, but the correction in Q4FY25 saw IPO returns tapering
The company also stated that its wholly-owned subsidiary, EaseMyTrip MiddleEast DMCC has established two new entities in Dubai.
This partnership will help increase access to 24/7 renewable energy, which is essential to meeting global sustainability targets.
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