California Attorney General Rob Bonta unsealed records in the state's antitrust lawsuit against Amazon that allegedly detail specific price-fixing tactics used by the retailer to maintain artificially elevated prices across its platform. The documents represent a significant procedural step: evidence that was previously shielded from public view is now part of the open record, sharpening scrutiny on Amazon's pricing mechanisms before the case advances to trial. California's suit centers on claims that Amazon uses contractual agreements with third-party sellers to suppress price competition, effectively penalizing merchants who offer lower prices elsewhere and locking consumers into a higher-price environment. The unsealed materials reportedly substantiate those claims with internal documentation. For Amazon, the exposure of internal pricing strategy documents raises both litigation risk and reputational costs at a moment when federal antitrust pressure on major platforms is already elevated. Sellers operating on Amazon's marketplace and competing retail platforms will be watching whether the records prompt additional state or federal enforcement actions or strengthen parallel suits already in progress.
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.
