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Tata Retirement Sav Fund - Prog Plan leads the solution oriented retirement fund category with a 5.5 percent three-month return. Data from July 29 showed it outperformed others like Tata Retirement Sav Fund - Mod Plan and SBI Retirement Benefit Fund-Aggressive Plan. The fund also stayed ahead over longer periods.
French industrial group Schneider Electric raised its 2026 core profit guidance following strong demand for data-centre equipment. The company now expects EBITA growth between 14% and 19%. CEO Olivier Blum said, "While demand in Data Centers remained at a very high level, Energy Management delivered broad-based growth in H1 across all end markets."
The Central Board of Direct Taxes notified a new ITR-BN form for block assessments. This form applies to cases involving search and seizure actions starting April 1, 2026. It is not for regular taxpayers but helps officials track undisclosed income like hidden money or jewellery found during tax department search operations.
The July 31, 2026, deadline for ITR filing remains unchanged for most taxpayers. CA Abhishek Soni said, "As of now, there is no indication that the Income Tax Department will extend the July 31 ITR filing deadline." Experts suggest filing early to avoid portal congestion and potential late fee penalties.
Gillette India reported a 9.4% rise in first-quarter profit to ₹159 crore on Thursday. Revenue climbed to ₹783 crore as demand for grooming products stayed steady. Even with these gains, shares of the company fell 2% after the results. Higher raw material costs pushed total expenses up by 10.9% this quarter.
OpenAI’s annualised recurring revenue in July exceeded the level recorded during the second quarter. Board chair Bret Taylor said the growth followed the launch of GPT-5.6 models and ChatGPT Work. The company now seeks more revenue to support massive AI infrastructure investments while facing stiff competition from rivals like Anthropic.
Varun Beverages is launching the CALPIS brand in India through a partnership with Asahi Group Holdings. The company is growing its dairy and juice portfolio to boost sales. Management said, "beverage volumes have grown more than 20% in almost every month since March," showing strong demand across its markets.
ADA announced its acquisition of Algonomy on July 30, 2026, to boost its intelligent growth platform. This deal helps ADA reach 34 markets globally. CEO Srinivas Gattamneni said, "We believe every customer touch point will be AI agent driven." Clients will keep using Algonomy products while getting new, broader capabilities.
Thangamayil Jewellery shares fell 18.99 per cent over two days, hitting Rs 5,815.30 on Thursday. While the company reported strong yearly growth, quarterly profits dropped 40.35 per cent. The firm said, "The uncertainty caused by the West Asia war" and higher import duties made many customers postpone their gold purchases.
Indo-MIM shares made a strong market debut on Thursday, listing at a premium of 45 percent over the issue price of Rs 485. Analysts said the stock is trading well above its fair value. Investors holding the stock may consider booking partial profits at current levels to protect listing gains.
Hexaware Technologies shares fell 8% on Thursday, July 30, after the firm cut its CY26 revenue growth guidance to 6-7%. The company said delays in deal ramp-ups and a weak economy caused this change. Despite this, they kept their EBIT margin outlook at 13-14% and reported healthy order momentum.
Owners of vintage Land Rovers on the Manebhanjyang-Sandakphu route urged the state government to preserve their fleet. These vehicles have served the region for over 70 years. "We now request the government to take similar measures to preserve these historic Land Rovers," said association secretary Chandan Pradhan about the heritage SUVs.