Hyundai Motor is expected to report a decline in third-quarter results due to lower volumes and higher discounts. Revenues could drop 2% year-on-year, leading to a 10% dip in profitability. Analysis suggests declining margins and muted stock performance. However, future growth prospects look promising with new plant developments and an upcoming e-Creta launch, according to CLSA.
Tax compliance on the rise, but dispute resolution delays still a major concern: Gokul Chaudhri
The buoyancy in taxes, which the government has been experiencing from personal taxes over the last few years, is telling us very clearly that the