The Department of Telecommunications has cut Vodafone Idea's adjusted gross revenue dues to ₹64,046 crore, down from an earlier estimate of ₹87,695 crore. The revision follows directions from the Supreme Court of India and is calculated as of December 31, 2025. DoT has also allowed staggered payments, giving Vodafone Idea room to pay the amount in instalments rather than as a lump sum. AGR dues are government charges owed by telecom companies based on their total revenue, not just their core telecom earnings. The Supreme Court's earlier rulings on AGR calculations sparked years of disputes, and Vodafone Idea has been among the most exposed operators. The reduction of roughly ₹23,649 crore in dues is material for a company that has struggled with debt and cash flow. Staggered payments ease the near-term liquidity pressure and could improve Vodafone Idea's ability to fund network upgrades and stay operationally viable. Watch whether this revised figure triggers further legal or regulatory clarifications, and how quickly Vodafone Idea can stabilise its finances under the new payment structure.
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.
