A federal jury has found Live Nation Entertainment and its subsidiary Ticketmaster illegally held monopoly power in the ticketing market, delivering a landmark antitrust verdict against the live entertainment giant. The case was brought by the U.S. Department of Justice alongside 34 states, reflecting unusually broad prosecutorial coalition behind the challenge. Jurors reached their decision after roughly five weeks of trial proceedings and a deliberation period. Live Nation controls a vertically integrated grip across concert promotion, venue management, and primary ticketing through Ticketmaster, a structure that sat at the center of the government's case. The verdict opens the door to structural remedies, potentially including a forced divestiture of Ticketmaster from Live Nation, which would directly reshape how primary ticketing services are distributed and priced across the U.S. concert industry. Competitors, venue operators, and artists seeking fairer fee structures will be watching the remedies phase closely, as that proceeding will determine whether the ruling produces market-level change or remains a legal finding without lasting structural consequence.
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.