Greg Abel, who assumed Berkshire Hathaway's CEO role in January, has divested equity positions that were managed by Todd Combs, according to a Wall Street Journal report. Combs departed Berkshire in December to join JPMorgan Chase, leaving his stock portfolio without its originating manager. Abel's decision to liquidate those positions rather than absorb them into Berkshire's broader book marks the first concrete portfolio signal of his tenure. Warren Buffett remains Chairman and retains influence over the firm's direction, but the divestiture suggests Abel is not simply inheriting prior managers' conviction positions. The move narrows the question of how Abel will construct Berkshire's equity strategy independently. Berkshire is expected to disclose updated equity holdings soon, likely through a 13F filing, which will reveal the full scope of what was sold and what, if anything, replaced it. That disclosure will be the cleaner read on Abel's investment posture going forward.
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.
