NBCC sold roughly 14 lakh square feet of commercial space at Bharat Business Park in South Delhi for Rs 5,779 crore through an e-auction, marking a significant asset monetisation transaction for the state-owned construction firm. The property is located in South Delhi, one of the capital's most premium commercial corridors, and the deal size signals strong institutional appetite for large-format commercial real estate in the city. NBCC will retain a one percent marketing fee on the transaction, directly linking its revenue to the deal's total value. The proceeds are earmarked for the redevelopment of residential colonies in the area, channelling commercial monetisation into public infrastructure reinvestment. Observers in the real estate sector will watch whether this e-auction model, transparent, government-backed, and large-scale, sets a pricing benchmark for comparable South Delhi commercial assets or encourages further state-land monetisation exercises in other urban centres.
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.
