Larsen & Toubro is positioning nuclear energy as a core growth vertical, with senior executive Anil V Parab projecting revenues to triple within five years as India accelerates its civilian nuclear build-out. The company's heavy engineering and manufacturing division has been embedded in India's nuclear programme since its earliest stages, contributing to technology development, component manufacturing, and localisation of supply chains. India currently operates approximately 8.8 GW of nuclear capacity, and the government has set a target of reaching 100 GW by 2047, implying a roughly 11-fold capacity expansion over two decades. L&T intends to serve as a primary industrial supplier across that buildout, leveraging its existing position in the domestic nuclear supply chain. The revenue tripling projection signals management confidence that order flow from new reactor construction and component contracts will materially re-rate the segment. Execution risk hinges on the pace of government project sanctions, reactor approvals, and capital allocation toward nuclear relative to competing clean energy priorities.
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.
