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2025-07-24 04:04:12| The Economic Times

Mahindra Holidays & Resorts, a Vijay Kedia portfolio stock, reported a robust 69% YoY surge in standalone net profit to 76 crore for the June quarter. Revenue climbed 5% to 369 crore, with EBITDA soaring 42% to 161 crore. MD & CEO Manoj Bhat highlighted strong domestic performance and resilience in European operations despite currency headwinds.

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2025-07-24 02:40:58| The Economic Times

Brigade Hotel Ventures plans to raise 759.6 crore through an IPO to reduce debt and acquire land, potentially decreasing promoter stake to 74.1%. A significant portion of its revenue is concentrated in Bengaluru, particularly from the Sheraton Grand Bangalore. While revenue and occupancy have increased, investors are advised to monitor performance post-listing due to high valuation compared to peers.

Category: News and Media

2025-07-24 02:35:48| BBC News | Business | World Edition

The Australian government says it has not compromised on its strict biosecurity laws.

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