CEO Amitabh Chaudhry said strong profitability, adequate capital and good prospects for growth mean the bank is in no hurry to raise money to fund its acquisition of Citibank’s retail business announced earlier this year.
Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent.
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