The parent ITC will continue to provide the business with its brand name, governance, and other synergies, while its own return profile is expected to improve as the hotel business is more capital intensive, said analysts.
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.
Corning’s stock dropped significantly after reporting slower fiber optics growth. The company forecast lower third-quarter sales, disappointing market experts. This decline erased billions in the
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