EltaMD, the dermatologist-favored sunscreen brand with a following among Hollywood talent, is launching its first acne-treatment SPF product, a formulation designed to both protect and actively correct skin rather than serve a purely preventive function. The move marks a category extension into treatment-oriented sun care, a segment that has seen growing consumer demand as buyers seek multifunctional skincare. EltaMD's existing brand equity, built on clinical positioning and professional-channel distribution, gives it a credible platform for a therapeutic pivot. The new formula's market relevance hinges on its ability to substantiate treatment claims, which typically attract closer scrutiny from regulators and dermatology communities than standard cosmetic SPF products. For the broader sunscreen market, a recognized brand entering the acne-correction space signals potential for reformulation pressure on competitors. Investors and buyers in the prestige skincare segment should watch how EltaMD positions the product across professional and retail channels, and whether the launch triggers comparable moves from rivals holding SPF market share.
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.