Google parent Alphabet's former Chief Scientist Jeff Dean shared a pitch deck for his new AI startup, Discovery Loop. The deck mentioned that Dean and other co-founders, including Indian-origin engineer Sanjay Ghemawat, helped build Google Search, Ads, Gmail and Cloud TPUs. They also contributed to AI projects including Gemini, AlphaFold and Google's first neural chatbot.

Hindustan Construction Company (HCC) reported Q1 FY27 revenue of ₹993.4 crore, down 9% YoY, while net profit stood at ₹51.1 crore. The company maintained an order book of ₹12,976 crore, secured a ₹125 crore order, emerged as the lowest bidder (L1) for ₹1,671 crore of projects, and continued execution across hydro, metro and infrastructure projects.

Navin Fluorine reported a strong Q1 FY27, with revenue rising 44.1% YoY to ₹1,045.08 crore and profit after tax (PAT) surging 107.7% YoY to ₹243.31 crore. The Board also approved a ₹90 crore capex to expand its Advanced Materials portfolio at the Surat facility, strengthening long-term growth. The stock jumped nearly 14% on the announcement.

Mold-Tek Technologies reported record Q1 FY27 results, with revenue rising 78.9% YoY to ₹59.54 crore and PAT surging nearly 13 times to ₹9 crore. EBITDA margin expanded to 23% from 7%, while the company highlighted a strong order pipeline, a $1 million order for Beryl Project Engineering, and ongoing expansion across the US market.

Goodluck India reported a strong Q1 FY27, with total income rising 30.9% YoY to ₹1,292.22 crore and profit after tax (PAT) increasing 67.4% YoY to ₹67.22 crore. The company also reaffirmed its ₹500 crore defence expansion plan, which will increase annual 155mm artillery shell capacity from 1.5 lakh to 4 lakh units by September 2027.

Trent reported a strong Q1 FY27, with consolidated revenue rising 17.8% YoY to ₹5,754.71 crore and profit attributable to shareholders increasing 20.8% YoY to ₹519.01 crore. Profit before tax (PBT) grew 22.5% to ₹691.84 crore. During the quarter, the Tata Group retailer also completed a 1:2 bonus issue and announced key management and statutory auditor appointments.

Chinese AI startup DeepSeek announced plans for a significant price increase across its AI services in the near term. In a user notice, the Hangzhou-based company urged customers to plan usage accordingly, though it did not specify exact rates and dates. The decision comes shortly after DeepSeek launched its low-cost V4-Flash model, as surging demand strains compute infrastructure.

Civil Aviation Minister Ram Mohan Naidu has dismissed claims that the government is planning to blend ethanol with Aviation Turbine Fuel (ATF). Calling the reports "completely false and irresponsible," he stated that "There is no such proposal." This comes after AAP chief Arvind Kejriwal claimed in a social media post that government was planning to introduce ethanol blending in ATF.

CCPA has penalised nine digital platforms over dark patterns. Zepto Marketplace was fined ₹7 lakh for initially displaying lower prices but later adding handling charges and membership fees. BookMyShow was directed to remove a pre-ticked ₹1 contribution to its charitable initiative. CCPA also acted on complaints about IndiGo's use of confirm shaming on its mobile application.

The August 31 deadline applies to ITR-3 and ITR-4 filers who aren't liable for a tax audit. It covers freelancers, independent professionals, consultants, small business owners, intraday and F&O traders, and taxpayers eligible for presumptive taxation scheme under Sections 44AD, 44ADA and 44AE. Salaried people earning additional freelance, F&O or intraday trading income must file by the deadline.