A draft of the upcoming CAFE-III norms had proposed leniency for petrol cars weighing 909 kg or less—a carve-out widely seen as favouring Maruti Suzuki.
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IPO calendar: 3 companies set to launch public offers this week; check details
This comes as markets continue to witness sharp downswings and muted recoveries, with oil prices remaining elevated amid the seesaw political game in the Middle East.