Brigade Hotel Ventures will debut on the stock market on July 31. The IPO concluded successfully, raising Rs 759.60 crore. Grey market premiums are currently zero, suggesting a flat listing. The IPO was subscribed 4.48 times overall. The company reported a profit decline despite revenue growth. Investors will watch the stock s performance closely.

Microsoft exceeded revenue expectations, fueled by strong demand for AI tools and Azure cloud services, with Azure revenue soaring by 39%. The company s shares jumped over 6% after the announcement. Azure s full-year revenue surpassed $75 billion, marking a significant milestone.

Cash Ur Drive Marketing s IPO will open for subscription. The company aims to raise Rs 60.79 crore through a fresh issue and offer for sale. The IPO price band is Rs 123 to Rs 130 per share. The IPO will close on August 4. Allotment is expected on August 5.

Vedanta is projected to experience a sequential decrease in profitability for the April-June quarter of FY26, primarily due to declining commodity prices in its aluminium and zinc segments. Brokerages anticipate a 12-14% quarter-on-quarter drop in EBITDA, although cost reductions may partially mitigate the impact.

Sridhar Sivaram from Enam Holdings suggests that consumer down-trading impacts brand loyalty, driven by shrinking disposable incomes rather than a shrinking middle class. He anticipates potential shifts in market leadership from financials to sectors like pharma, particularly CDMO, and new-age tech.

Tata Motors stock experienced a decline following reports of a possible acquisition of Iveco. The deal, valued at ₹3.9 billion, may require external funding for the Indian automaker. Analysts anticipate pressure on Tata Motors balance sheet due to rising global tariff uncertainties. Iveco s revenue declined in FY24, but expects stable growth in 2025.

Anant Ambani is now the executive director at Reliance Industries. Reliance Industries shareholders gave their approval. The RIL board appointed Mukesh Ambani s youngest son on April 25. Anant will serve for five years, starting May 1. He has been on the boards of Jio Platforms and Reliance Foundation. He also serves on Reliance New Energy and Reliance New Solar Energy.

India s out-of-pocket health expenses are among the highest in major economies. Though it decreased from 2014 to 2024, it remains significant. China saw a smaller decrease in the same period. Emerging Asia s health protection gap has widened. Rising medical costs and coverage gaps are key issues. Many Indian families struggle to afford healthcare.

Former IndusInd Bank CEO Sumant Kathpalia has proposed a ₹5.21 crore settlement to SEBI regarding insider trading allegations. SEBI had barred Kathpalia and other executives for trading on unpublished price-sensitive information related to accounting discrepancies. Kathpalia s settlement application includes a pledge of confidentiality, while SEBI impounded ₹19.8 crore from the involved individuals.