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Mid-cap construction sector still faces headwinds: Citi

"This is yet another tax scandal," said Member of Parliament Margaret Hodge, chair of the parliamentary Public Accounts Committee, which scrutinises public expenditure and revenue-raising.

A Maruti Suzuki plant in Gurgaon. Photo: Reuters
A Maruti Suzuki plant in Gurgaon. Photo: Reuters
Citigroup says midcap construction sector still faces "headwinds," citing "slower decision making, high rates and execution delays."
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