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Bajaj Finance plans to expand its AI-powered facial recognition system from 544 stores to 3,000 by March 2027. The cameras identify customers to trigger personalized offers. Rajeev Jain said, "Face, logically, should become an identity, reducing fraud detection." The company hopes these upgrades will raise customer identification rates to 70%.
U.S. inflation slowed in June as the Personal Consumption Expenditures Price Index rose 3.7 percent annually. The Commerce Department said this easing might be temporary because oil prices rose after a ceasefire fell apart. Fed Chairman Kevin Warsh said, "there is no soft inflation target, not on this committee's watch."
Zepto paused its IPO plans after a valuation mismatch with investors. Although SEBI approved the IPO on May 8, the company now plans to raise fresh capital from existing investors instead. The firm struggled to meet its valuation goals, as bids came in lower than the expected price range.
Labour and Employment Minister Mansukh Mandaviya said on Thursday that the government will ensure social security for gig workers by implementing labour codes. He noted that 80 lakh gig workers exist in India. "I want to assure the House that social security of gig workers will be ensured," he said.
Prime Minister Narendra Modi chaired the fourth CCS meeting on Thursday to review the West Asia conflict. He ordered officials to protect Indian citizens and energy supplies. Modi said, "All efforts must be made to safeguard the citizens as well as the Indian Diaspora from the impact of this conflict."
Swiggy challenged Zepto’s use of Net Realisable Value as a business metric. Swiggy said, "such NRV can potentially inflate reported top-line metrics by ~20%." While Zepto uses this to show total economic value, Swiggy prefers Net Order Value. They believe it is a clean way to show actual consumer demand.
On Thursday, the benchmark Sensex surged 273 points to settle at 77,928. Riding this market rally, seven stocks from the BSE 100 Index hit fresh 52-week highs. These shares showed strong buying interest and investor confidence, with many stocks gaining up to 22 percent in the last one month of trading.
US stock futures rose on Thursday, July 30, as Microsoft shares rallied after strong earnings. The Dow, S&P 500, and Nasdaq futures all gained, helping the market recover from recent losses. Investors now look ahead to key inflation and GDP data while watching how tech stocks perform after recent volatility.
The 2026 Candere Hurun India Women Leaders List features 117 women across 12 categories. Meena Bindra, Sudha Murty, and Avani Lekhara are among the top names. The list showed that 98 honourees are self-made. These women represent a combined valuation of Rs 39 lakh crore, highlighting their growing influence across sectors.
MTAR Technologies expects to beat its FY27 guidance after its order book reached ₹5,143.3 crore by the end of the June quarter. Managing Director Srinivas Reddy said, "The order pipeline is very strong across all the segments we operate in." Clean energy remains the firm's biggest growth driver for revenue.
Thermax reported an 83.4% decline in consolidated net profit for the quarter ended June 30. Profit fell to ₹25 crore as higher costs hit margins, even though revenue rose 6.7% to ₹2,303 crore. The company also started restructuring moves and secured a ₹400-crore data centre order in the US.
Anand Mahindra said on Thursday that the world has entered "Manthan 2.0" amid global uncertainty. M&M will now move into "attack mode" to seize new opportunities. The company reported a 34% rise in profit to Rs 5,455 crore, as India gains global relevance through its manufacturing scale and stability.