TruAlt Bioenergy said its board on August 4, 2026 approved the sale of its non-core Unit 5 to Onkar Agro for ₹171 crore. The unit currently generates no revenue and carries about ₹135 crore of debt, while its net assets are valued at ₹159.32 crore, or 10.53% of the company’s net worth as of March 31, 2026. The company said the transaction will help it shed the associated debt, lower finance costs and improve EBIT and operating cash flow.

Lufthansa reported a sharp decline in second-quarter earnings, with core profit falling nearly 56% year on year to 383 million euros as jet fuel costs climbed. Revenue rose 10% to 11.1 billion euros for the three months to the end of June, while higher fuel prices lifted costs by about 750 million euros. The group also revised its 2026 core profit outlook to 1.7–2.2 billion euros, after previously saying it would be “significantly” above 2023’s 1.96 billion euros.

Britain’s Metro Bank said its underlying pretax profit for the first half of 2024 rose 34% year on year to £60.6 million. The bank attributed the increase to strong loan growth across its core segments, including corporate, commercial, specialist mortgage and SME lending. The shift reflects Metro Bank’s move away from lower-margin retail lending in a higher-rate environment, Reuters reported.

A U.S. federal district court in Texas ordered Kioxia Corp. and its U.S. subsidiary Kioxia America to pay about $229 million for infringing a Viasat Inc. patent covering memory-chip error-correction technology. Kioxia said it had already booked about $229 million in litigation losses in the quarter ended in June. The Japanese memory chipmaker said it plans to appeal.

Dhaval Packaging’s IPO allotment is scheduled to be finalised on 4 August, with listing expected on 6 August on the BSE SME platform. The issue was subscribed more than 50 times by the close of bidding, including 40.36 times in the retail category and 75.35 times in the NII segment. The IPO price is ₹97 per share and the grey market premium (GMP) is +8, implying an estimated listing price of ₹105, an 8.25% premium to the issue price.

Uno Minda reported June-quarter results with consolidated net profit up 1.9% year on year to ₹315.5 crore and revenue up 23.8% to ₹5,556.9 crore. EBITDA rose 5.3%, but the EBITDA margin narrowed to 10.3% from 12% a year earlier. The company also completed the purchase of the remaining 19% stake in Minda Onkyo India held by Japan’s Onkyo Sound Corporation after the quarter ended. The earnings release acted as a single-stock results catalyst within traditional assets, directly affecting Uno Minda’s valuation and market sentiment.

Alphabet (GOOGL) rose 4.88% to $373.51 on August 3, 2026 as investors reassessed the payoff from its AI infrastructure spending after a Morgan Stanley view and a broad technology rally. Read the daily analysis of Alphabet's advertising and cloud outlook, momentum risk and key technical levels.

Microsoft Corp (MSFT) rose 4.93% to $487.65 on August 3, 2026 as investors continued to reward its stronger Azure growth and fiscal 2027 cloud outlook. Read the daily analysis of Microsoft's AI cloud outlook, momentum risk and key technical levels.