Reed Hastings, co-founder of Netflix, has stepped back from the company he built into the world's dominant streaming platform, departing as the business enters a more operationally intensive growth phase. Hastings had already transitioned out of the co-CEO role in early 2023, handing operational control to Greg Peters and Ted Sarandos, and his latest exit marks a cleaner break from the founding era. Netflix now navigates a landscape defined by password-sharing crackdowns, ad-supported tier expansion, and live content investments, each carrying distinct margin and subscriber acquisition implications. Investors will watch whether Peters and Sarandos can sustain the subscriber momentum that followed the password-sharing push, and whether the advertising tier scales fast enough to diversify revenue meaningfully beyond subscriptions. Hastings' departure removes a symbolic anchor but leaves intact the strategic architecture he helped design. The central question for the next phase is execution: converting a larger, more complex content and monetization slate into durable margin expansion.
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.
