A potential Iran war scenario could deliver a combined Rs 97,000 crore shock to India's aviation and food services sectors, according to estimates from the PHD Chamber of Commerce and Industry (PHDCCI). Aviation faces a projected Rs 18,000 crore hit, while food services bear the heavier exposure at Rs 79,000 crore. The figures reflect the outsized downstream risk that Middle East conflict poses to India's consumer and transport economy. Aviation's exposure stems from route disruptions and fuel cost escalation tied to regional instability, while food services face supply chain stress from edible oil and commodity price spikes typically linked to Gulf region tensions. Both sectors are high-employment, margin-sensitive industries where cost shocks transmit quickly to operators and consumers. The PHDCCI estimate signals that Indian business chambers are formally stress-testing geopolitical scenarios, a shift that could shape near-term lobbying for fuel subsidy buffers or supply chain policy interventions. Investors in listed airline stocks and food services chains should monitor any further escalation in the Strait of Hormuz corridor.
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.
