Business News

ITC Hotels Reports Strong Q4 Growth and Strategic Kerala Acquisition

News Desk23 hours ago03 mins

Strong Financial Performance ITC Hotels reported a significant 34% rise in net profit, reaching Rs 317 crore for the fourth quarter ending in March 2024. The luxury hospitality chain also announced a final dividend for shareholders, reflecting a period of robust operational growth and resilient demand within the Indian tourism sector. The company achieved a…

Adani Group Executives Agree to $18 Million Settlement in U.S. Fraud Case

News Desk23 hours ago03 mins

Settlement Reached with U.S. Regulators Gautam Adani and Sagar Adani have consented to an $18 million penalty proposed by U.S. market regulators to resolve ongoing bribery and fraud allegations, marking a significant shift in a high-stakes legal battle that has drawn international scrutiny. This agreement, reported across global financial outlets, paves the way for U.S….