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July 29, 2024 / 06:17 IST

Moneycontrol Daily: Your Essential 7

Here are stories covering a range of topics to keep you informed as you start your day. Read important details from each article and follow the provided links to read more about each story.

By Moneycontrol News

Big Story
Delhi coaching centre deaths: Owner, coordinator held; probe finds no drainage system in basement led to incident

Absence of drainage system and safety measures, and use of basement for commercial activities in violation of norms led to the death of three civil services aspirants at a coaching centre in central Delhi's Old Rajinder Nagar area, officials and students said on July 28. The Delhi Police on Sunday arrested the owner and the coordinator of the coaching centre -- Rau's IAS Study Circle -- and booked them for culpable homicide and other charges. Read more here

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Watch Out
Take a look at these key events

Today
Bajaj Finserv Large Cap Fund to open for subscription
NCLAT in Chennai to hear Byju’s appeal against insolvency proceedings
ICAI CA Foundation June results likely
All India Mahila Congress to launch nation-wide movement
SC's special Lok Adalat to list more than 2,200 cases
Joe Biden to announce Supreme Court reform plans
Xiaomi India to announce launch of Redmi Pad Pro, Redmi Pad Pro 5G, Redmi Pad SE 4G, and Xiaomi 14 Civi Limited Panda Edition
Oppo to launch new K-series smartphone in India, K12x 5G
Realme Narzo N61 India launch Tomorrow
Q1 Results: Star Health, IOC, Titagarh, TVS Supply Chain Solutions, Ajanta Pharma, Castro India, Dixon, Exide Ind, GAIL, India Tower
Sathlokhar Synergys E&C Global Limited IPO Opens
Akums Drugs and Pharmaceuticals IPO opens
Indus Towers to consider share buyback proposal
Varun Beverages to announce stock split and dividends
INDIA protest over Kejriwal's 'declining health' in jail
Andhra HC to hear Jagan’s plea for LoP status
300 new e-buses for Delhi
Qualcomm to host Snapdragon India event
Realme Buds T310 launch In India
Realme Watch S2 launch in India
Realme 13 Pro series launch in India

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Dalal Street Watch
Fed meeting, Q1 earnings, auto sales, OLA IPO among top 10 factors this week

Going ahead, the market is expected to remain positive along with consolidation and will take cues from the FOMC & Bank of England meetings, monthly auto sales numbers, and the next set of corporate earnings. Read here

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Stock Market Buzz
Fed meeting, Q1 earnings, auto sales, OLA IPO among top 10 factors this week

Going ahead, the market is expected to remain positive along with consolidation and will take cues from the FOMC & Bank of England meetings, monthly auto sales numbers, and the next set of corporate earnings. Read here

Technology
Google brings 1.5 Flash model to Gemini, new feature to combat AI hallucinations

Google has announced the integration of the Gemini 1.5 Flash AI model into its chatbot services on both web and mobile platforms. “With Gemini 1.5 Flash, you’ll notice across-the-board improvements in quality and latency, with especially noticeable improvements in reasoning and image understanding,” said Amar Subramanya, vice president, engineering, Gemini Experiences. Google has also introduced a new feature to further address hallucinations. Google will soon add the ability to upload files in Gemini via Google Drive or directly from your device. This is something which has been available in Gemini Advanced. Read here

IPO Watch
Akums Drugs and Pharmaceuticals IPO to hit Dalal Street on July 30

Delhi-based Akums Drugs and Pharmaceuticals, a contract development and manufacturing organisation (CDMO), has decided to launch its initial public offering next week on July 30. The price band for the offer will be announced on July 25. The IPO is a combination of fresh issuance of shares worth Rs 680 crore, and an offer-for-sale (OFS) of 1.73 crore equity shares by the existing shareholders. Read more here

ITR filing 2023-24
Filing returns at the last minute? Know the list of crucial documents you would need

Even before you log on to the official e-filing portal - www.incometax.gov.in - you need to start with gathering all the documents critical to the process. This will help you complete the process faster when you are filing at the last minute. Here’s a list of essential documents that you must start obtaining right away.