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Business

ITC Hotels Reports Stellar Q1 Performance: Net Profit Jumps 53%, Revenue Up by 15.5%

ITC Hotels Ltd reports a 53% surge in Q1 net profit to Rs 133.71 crore, with revenue up by 15.5%. The company aims to expand to 220 hotels by 2030, backed by strong operational met...

Business

India Boosts Kuwait's Aviation Access: A 50% Increase to 18,000 Weekly Seats

India has significantly increased Kuwait's flying rights by 50%, allowing 18,000 weekly seats between the two countries. This move, signed by top aviation officials, responds to th...

Business

ITC Hotels Achieves Record-Breaking Rs 860 Crore Revenue in Q1 FY 2026 Amidst Challenges

ITC Hotels reports a record Rs 860 crore revenue in Q1 FY 2026, with a 53% profit increase. The company is expanding rapidly, aiming for 220 operational hotels by 2030, despite cha...

Business

Bank of America Reports a 4.3% Revenue Growth to $26.5B in Q2, Signaling Strong Economic Support

Bank of America announced a 4.3% increase in Q2 revenue to $26.5B, with net income and EPS also rising. CFO Alastair Borthwick emphasized the bank's strong balance sheet and econom...

Business

Johnson & Johnson Reports Stellar Q2 Growth: Sales Surge 5.8% to $23.7 Billion, Beating Expectations

Johnson & Johnson announced a 5.8% increase in Q2 sales to $23.7 billion, surpassing expectations. With EPS up 18.7% and net earnings reaching $5.5 billion, the company also raised...

Business

Tesla Unveils Model Y L in China: A Spacious Six-Seater Launching This Fall

Tesla announces the fall launch of the Model Y L in China, a six-seater with enhanced dimensions. The company also plans to introduce the Model Y in India, expanding its global ele...

Business

Goldman Sachs Reports Stellar 15% Revenue Growth to $14.5B in Q2 2025, Beating Expectations

Goldman Sachs reports a 15% increase in Q2 2025 revenue to $14.58 billion, surpassing expectations. Earnings per share rose by 27% to $10.91, with net earnings up 22% to $3.72 bill...

Business

Morgan Stanley Reports a 12% Surge in Q2 Net Revenue, Reaching $16.8 Billion

Morgan Stanley announced a 12% increase in Q2 net revenue to $16.79 billion, with net income up 15% to $3.5 billion. CEO Ted Pick praised the bank's strong performance across vario...