The BBC is cutting up to 2,000 jobs, reducing its workforce by roughly 10% from 21,500 employees, in what is being characterized as the broadcaster's largest restructuring in 15 years. Staff were informed at an all-staff meeting, with interim director general leading the announcement. The scale places this firmly among the most significant headcount reductions in British public media in recent memory. The cuts reflect mounting cost pressure on the BBC, which operates on a license-fee model subject to political and inflationary constraints that have eroded its real-terms funding. Reducing 10% of headcount is a structural response to a funding gap, not a marginal efficiency measure, and will likely compress output capacity across departments. The practical consequence is reduced production bandwidth, potential contraction in services or programming, and a signaling effect to the broader public broadcasting sector. Observers should watch whether specific divisions, digital investments, or regional operations absorb a disproportionate share of the reductions as implementation details emerge.
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.