Indian Hotels (IH) has reported a substantial 17% year-on-year revenue growth in the fourth quarter of fiscal year 2024, primarily driven by a nearly 19% year-on-year revenue increase in its standalone business. This growth in standalone revenue can be attributed to improved occupancy rates, which rose by 440 basis points year-on-year, and average room rates […]
Tech Mahindra, a global technology consulting and digital solutions provider, has released its audited consolidated financial results for the quarter and year ending March 31st, 2024. In USD, the financial highlights for the quarter include a revenue of $1,548 million, representing a decrease of 1.6% QoQ and 7.2% YoY. EBITDA stood at $169 million, marking […]
Rolls-Royce today announces IndiGo has agreed to place an order for 60 Trent XWB-84 engines. This is the first ever agreement for Rolls-Royce with this leading Indian airline. As part of the deal, the health and maintenance of the engines will be covered by Rolls-Royce’s comprehensive TotalCare service. Flying to more than 110 domestic and […]