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Mahindra Group will shift into "attack mode" despite an increasingly uncertain global environment, Chairman Anand Mahindra said on Thursday. "This is not a time to stand still. It is time to move from navigation to acceleration," he said. The company plans to expand manufacturing capacity and use artificial intelligence across businesses.
Honeywell Automation India reported strong Q1-FY27 results on July 30, 2026, with EBITDA margins expanding to 14.3 per cent. Analysts said the company shows promise due to stable gross margins and export growth. They maintain a Buy rating with a higher target price of ₹48,740, noting the stock remains attractively valued.
The Insurance Regulatory and Development Authority of India approved Patanjali Ayurved and the DS Group’s acquisition of Magma General Insurance. Patanjali will get a 73.56 per cent stake in the deal valued at nearly ₹4,500 crore. The firm offers many insurance products, including motor, health, property, and commercial insurance services.
Anand Mahindra said on Thursday that one in four iPhones are now made in India. He shared this while announcing a ₹15,000 crore investment in Nagpur over the next ten years. Mahindra said, "In an uncertain world, India is not merely coping. India is gaining relevance," as manufacturing grows here.
A user asked ChatGPT to create an investment plan based on their salary and goals. The AI refused to suggest products immediately, saying it would first build a plan based on financial health. It divided investments into safety, wealth creation, and lifestyle buckets before asking about the user's monthly commitments.
Hyundai Motor announced a final dividend of Rs 21 per share for FY26, with the record date set for August 5. Meanwhile, the company’s Q1 FY27 net profit fell 35% to Rs 889 crore. Many investors watched as the stock price got a 1% boost, closing at Rs 2,018.20 on Thursday.
Lemonn reported revenue of ₹8.97 crore in May 2026, an 800 per cent year-on-year growth from ₹99 lakh in May 2025. The platform got many new users as retail order volumes rose 9.08x. Devam Sardana said, “The last year and a half has been about market share grabbing.”
ABD started a Rs 1,000-crore capital expenditure plan to reach a Rs 5,500-crore topline by FY28. The company already spent Rs 350 crore to boost bottling capacity. MD Sinha said, “The capital expenditure is spread across multiple states, including Telangana, Maharashtra, Uttar Pradesh and Andhra Pradesh.” Profits fell in Q1 FY27.
UGRO Capital’s platform GROx Technologies reached ₹5,500 crore in loan originations within twelve months of its acquisition. The firm now aims to build a ₹5,000 crore assets under management portfolio. Shachindra Nath said, "The company combines embedded distribution with proprietary DataTech underwriting capabilities to make formal credit faster and scalable."
ArcelorMittal net income fell 62 per cent to $683 million in the June 2026 quarter. The company said its sales rose to $16.8 billion during this period. CEO Aditya Mittal said, "Today's results demonstrate the continued evolution of our business towards structurally higher levels of profitability" despite the yearly drop.
Zaid Khan built a ₹5 crore net worth by age 25 through his branding business, Zedital Media. The former NEET aspirant shared his journey on The Crore Club podcast. He said, "Aspiring founders should begin by selling a skill, service or advice," to build confidence and gain valuable business experience.
Maharashtra minister Chhagan Bhujbal said on Thursday that the Nationalist Congress Party merger will happen when it has to happen. He added that a decision will be taken under Sunetra Pawar’s guidance. Meanwhile, Bhujbal reviewed the Phule Wada expansion project in Pune, confirming that all necessary work is complete.