OpenAI’s annualized revenue run rate has climbed above $40 billion, roughly doubling from the end of 2025, as the company moves ahead with plans for a Wall Street listing. Internal disclosures indicate the run rate rose more than 20% month over month in July. OpenAI ended last year with more than $20 billion in annualized revenue, and rival Anthropic said in May its run-rate revenue had crossed $47 billion, though the two firms may calculate the metric differently.

VST Tillers Tractors Ltd reported a 9.36% year-on-year increase in net profit to ₹48.73 crore for the quarter ended June. Revenue from operations rose 11% to ₹313.4 crore. Operating EBITDA increased 7.5% to ₹40.29 crore, with an operating EBITDA margin of 12.85%. Power tiller sales climbed to 13,801 units, while domestic tractor sales rose to 985 units and tractor exports fell to 275 units; power weeder sales increased to 3,680 units and power reaper sales declined to 28 units.

Global gold ETFs posted net inflows of $3.04 billion in the week ended August 7, marking a third consecutive week of net additions, according to World Gold Council data. The US, China and the UK led gross inflows totaling $4.38 billion, while the US also accounted for the largest outflows of $1.33 billion. Net ETF investment stands at $13.69 billion year-to-date, while China and India have continued to contribute positive flows totaling about $11 billion. Gold rose more than 6% over the week, and analysts cited $3,950–4,000 as a support zone.

Auto components maker Dhoot Transmission raised ₹918.3 crore from anchor investors ahead of its initial public offering, with participants including BlackRock, Abu Dhabi Investment Authority and SBI Mutual Fund. The company allotted over 1.05 crore equity shares to 72 funds at ₹871 per share, with domestic mutual funds taking 61.27% of the anchor book. The ₹3,067 crore IPO will be open for subscription from August 10 to August 12, with a price band of ₹829871 per share.

Molbio Diagnostics raised ₹281.5 crore from anchor investors ahead of its IPO, placing 34.88 lakh equity shares with 33 anchor investors at ₹807 per share. The IPO has a price band of ₹768-807 per share and will be open for subscription from August 10 to August 12. At the lower and upper ends of the price band, the issue is estimated at ₹904 crore to ₹940 crore.

The Bombay Stock Exchange (BSE) launched its Closing Auction Session (CAS) on August 3 to refine how closing prices are formed. The process began at 15:15, started taking orders at 15:20, ended at a random time between 15:28 and 15:30, and published the final closing reference price at 15:32. On its first day, more than 400 trading members took part across over 200 stocks, while the SENSEX slipped just 0.048%. The smooth rollout suggests the new mechanism has been implemented successfully and structurally improves index closing-price formation.

Shares of Piccadily Agro Industries Ltd rose 2.47% to ₹752 on Monday on volumes of 2.99 lakh shares. The company said its flagship whisky brand, Indri, took the top three positions in both the Best Indian Whisky and Best Single Malt Indian Whisky categories at the International Whisky Competition (IWC) 2026. Indri Diwali Collector’s Edition 2025 topped the rankings with 93.53 points, with two other expressions also posting high scores. The company’s total market capitalisation is around ₹7,393 crore.

Apple lowered its fiscal fourth-quarter 2025 revenue growth outlook to 9%–11%, below analysts’ expectations of more than 12%. China sales came in at $18.8 billion versus an expected $19.6 billion, while services revenue of $30.7 billion missed a $31.4 billion forecast. Although total revenue of $109.4 billion beat estimates, the weaker guidance raised concerns about demand for new iPhone models and momentum in Greater China, sending the stock down 7.4% in its biggest one-day drop in nearly two years.

India will sharply raise taxes on cigarettes and other tobacco products in February 2026, lifting GST to a flat 40% and adding a tiered additional excise duty of ₹2,100–8,500 per 1,000 sticks. Market leader ITC reported cigarette business revenue of ₹16,596.67 crore in the June quarter of FY27, up 73.71% year on year, and said the increase reflected staggered price hikes in response to the tax jump. The shift is adding fundamental pressure on traditional tobacco stocks that rely on volume growth.