A SpiceJet Boeing 737-700 struck an Akasa Air aircraft at Delhi's Indira Gandhi International Airport on Thursday, damaging both planes and grounding the affected flights. The SpiceJet aircraft sustained damage to its right winglet, while Akasa Air flight QP 1406 suffered damage to its left-hand horizontal stabiliser. Both are structural components whose damage typically triggers mandatory maintenance inspections before an aircraft can return to service. Ground collisions of this type fall under the purview of India's Directorate General of Civil Aviation, which routinely investigates such incidents to determine operational or procedural lapses. The immediate operational consequence is disruption to both carriers' schedules on affected routes. Passengers on either flight face delays pending airworthiness clearance, and both airlines will bear repair and inspection costs. The broader watch point is whether the DGCA initiates a formal inquiry into ground handling or taxiing protocols at IGI, one of India's busiest airports.
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.