Tesla's energy storage business is being positioned to offset deteriorating margins in its automotive segment as vehicle profitability declines and regulatory credit revenue fades. The company's energy generation and storage division, which includes utility-scale Megapack batteries and residential Powerwall units, has emerged as a higher-growth contributor to overall revenue as car sales face pricing pressure and EV competition intensifies. Automotive gross margins have been compressed by a sustained price-cutting strategy Tesla deployed to defend volume share, while regulatory credit sales, long a margin-accretive line item with no associated production cost, are expected to diminish as legacy automakers build out their own EV fleets and reduce their compliance purchases. The energy division carries different margin dynamics and is not subject to the same competitive pricing cycle as vehicles. Investors and analysts will be watching whether energy storage deployment scales fast enough to materially buffer consolidated margins, and whether Megapack order flow holds as grid-scale battery demand grows across utility and industrial buyers.
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.
