Prime Minister Narendra Modi is set to inaugurate India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra, Rajasthan, marking a significant addition to the country's downstream energy infrastructure. The facility is notable for combining refining and petrochemical processing within a single integrated complex, a configuration that typically improves feedstock utilization and margin capture across both fuel and chemical output streams. Integrated refinery-petrochemical complexes reduce dependence on separate import channels for both refined fuels and chemical intermediates, offering potential downstream cost advantages for industrial buyers in the region. The Pachpadra location in Rajasthan positions the facility to serve northwestern India's growing energy and industrial demand. Observers will watch for capacity figures, operator details, and offtake arrangements as the project becomes operational, since those specifics will determine its near-term impact on regional fuel supply, petrochemical pricing, and state revenue flows from the energy sector.
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.
