Adani Properties has committed over Rs 1 lakh crore to redevelop Motilal Nagar, a 143-acre site in Mumbai that will rank as India's second-largest urban renewal project. The decade-long initiative will rehabilitate more than 3,700 residential and 300 commercial occupants, in addition to existing slum dwellers, making it one of the most complex resettlement operations in the country's real estate history. The project will deliver a mixed-use township with public amenities and broad infrastructure upgrades across the site. For Adani Properties, the scale of capital commitment positions this as a flagship urban redevelopment play in Mumbai's constrained land market, where large-contiguous parcels rarely surface. The mixed-use structure allows the developer to cross-subsidize rehabilitation costs through premium residential and commercial sales, a standard mechanism in Maharashtra's slum redevelopment framework. Execution risk over a ten-year horizon remains the central variable to watch, alongside regulatory clearances and occupant consent rates, which have historically slowed comparable Mumbai redevelopment projects.
Flipkart will launch a food delivery pilot in Bengaluru by mid-August, charging restaurants a 10-11% commission compared to the 25-35% levied by Swiggy and Zomato. The move targets growing restaurant discontent with incumbent platforms and aims to drive daily engagement across Flipkart's 500 million registered users.
Maruti Suzuki crossed two lakh domestic units in July 2026 for the first time, recording 42.4% year-on-year growth. Total sales including exports and OEM supplies reached 2,41,421 units, with all passenger vehicle segments posting gains.
Air India's net loss more than doubled to ₹22,238 crore in FY26, prompting Tata Sons chairman N Chandrasekaran to extend the Vihaan.AI turnaround timeline from five years to as long as a decade.
UpGrad's all-stock acquisition of Unacademy, valued at Rs 1,955 crore, is set to close within three weeks after CCI clearance and near-complete investor sign-offs. The deal combines upGrad's upskilling business with Unacademy's test prep and medical education platforms, with Gaurav Munjal staying on as CEO.
