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Indian Hotels shares: Tata Group-backed IHCL shares fell 3.9% to Rs 782.20 despite reporting a 33% rise in quarterly profit to Rs 633 crore and a 29% increase in revenue to Rs 2,592 crore. CEO Puneet Chhatwal highlighted plans for 700 hotels by 2030 and remained optimistic about sector growth.
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News and Media
Donald Trump will be inaugurated for his second term, planning numerous executive actions focused on border security and fossil fuel production. Various foreign leaders and prominent figures are set to attend, and Trump's inauguration committee has raised over $170 million to finance the ceremonies and related events.
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News and Media
RBL Bank shares dropped by 5.9% due to an 86% YoY decline in net profit for the December quarter, mainly from microloan issues. Core net interest income rose slightly, but net interest margin fell. CEO Subramaniakumar noted improvements in collection efficiency and expected recovery in microfinance and credit card segments over the coming quarters.
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News and Media
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