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.
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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