Pernod Ricard India posted 11% revenue growth in the March quarter, driven by the company's premiumisation strategy in its most important volume market globally. India ranks as Pernod Ricard's largest market by volume and second-largest by value, giving the subsidiary outsized influence on the French group's overall performance. The French spirits maker's Indian portfolio spans Absolut vodka, Chivas Regal Scotch, and Glenlivet single malt, brands positioned at the premium and prestige end of a market where rising disposable incomes and aspirational consumption are reshaping spirits demand. The premiumisation push reflects a deliberate trade-up strategy: higher-priced SKUs deliver stronger margin contribution even when volume growth moderates. Investors tracking Pernod Ricard's global results should monitor whether India's premium-mix gains are durable or sensitive to macroeconomic softening, and whether excise policy changes across Indian states, a persistent regulatory variable, compress near-term volumes.
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.
