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ITC Hotels posted strong Q3FY26 results, with net profit surging 77% year-on-year to Rs 235 crore and revenue rising 47%, driven by robust hotel demand, sequential growth, and the first real estate revenue contribution, despite higher costs and stock reaction.
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The government says the industry will have "nowhere to hide", but campaigners say the reforms do not go far enough.
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News and Media
Walmart-backed PhonePe has secured Sebi approval for its IPO, clearing a major hurdle for one of Indias biggest fintech listings. The $14.5-billion startup plans a $1.5-billion OFS, with Walmart, Tiger Global, and Microsoft set to sell shares. Strong payments dominance and rising revenues underpin investor confidence.
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News and Media
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