The occupancy rate is likely to improve further while ARR would remain resilient in anticipation of a resumption in foreign inbound travel that would continue to propel the top line.
The Indian rupee weakened to a historic low of 87.35 against the U.S. dollar, influenced by expectations of an impending rate cut by the Reserve
The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that
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