Schloss Bangalore, operator of The Leela Hotels, posted a Rs 9 crore Q1 profit versus a Rs 75 crore loss last year. Revenue rose 20% YoY to Rs 275 crore, with strong EBITDA growth and margin expansion driven by luxury demand and operational efficiency.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as