Schloss Bangalore, operator of The Leela Palaces Hotels and Resorts has reported consolidated revenue from operations of Rs 275 crore for the quarter ended June, up 21% year on year. The chain posted a profit of Rs 9 crore for the quarter compared to a loss of Rs 75.4 crore in the corresponding period of the previous fiscal.

Aluminium prices are climbing steadily, supported by US tariffs on Mexican imports, restricted Chinese output, and rising European demand. MCX futures and global contracts show bullish momentum, with technical indicators confirming sustained upward trends in the metal’s pricing.

Private equity major Bain Capital on Tuesday divested a 3.71 per cent stake in wealth management firm 360 ONE WAM for Rs 1,741 crore through open market transactions.

Philip Morris International (PMI) missed second-quarter revenue expectations on Tuesday as shipments of its ZYN nicotine pouches disappointed.

Indian markets closed lower on Tuesday amid selling in pharma, auto, and banking stocks. Nifty remains range-bound. Analysts recommend buying RHI Magnesita India and Tata Chemicals due to strong technical breakouts and bullish momentum indicators.

Dalmia Bharat’s consolidated net profit surged nearly three times on year in the June quarter to Rs 345 crore, helped by an improvement in net sales realisations, which offset the impact of lower sales volumes.

Dixon Technologies expects its operating margins to improve by 120-130 basis points in FY26 and go up even higher in FY27 after a full ramp-up of its new component business, with management expecting to more than compensate for the loss in PLI sops after the scheme ends next year.

Donald Trump called Jerome Powell a numbskull for keeping interest rates high. Trump believes Powell s policies hurt the housing market. He also suggested Powell might be politically motivated. Treasury Secretary Scott Bessent criticized the Fed s spending on building renovations. Bessent wants the Fed to focus on its core monetary policy duties.