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2025-08-25 08:02:34| The Economic Times

ITC Hotels shares faced selling pressure. JM Financial started covering the stock with a sell rating. The brokerage cited valuation concerns despite strong fundamentals. The stock price declined following the report. JM Financial acknowledged ITC Hotels' leadership and growth. However, limited near-term asset commissioning and current valuations led to the 'sell' recommendation.

Category: News and Media

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2025-08-25 07:25:59| The Economic Times

OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.

Category: News and Media

2025-08-25 06:54:27| The Economic Times

A magnitude 4.3 earthquake struck Pakistan near the Afghanistan border at 5:39 AM IST on August 25, 2025, at a depth of 25 kilometers. The seismic event, as reported by the National Center for Seismology, occurred in a region prone to earthquakes due to the collision of the Eurasian and Indian tectonic plates.

Category: News and Media

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