UltraTech Cement has crossed 200 MTPA of installed capacity in India after adding 8.7 MTPA of new capacity, cementing its position as the country's largest cement producer by a significant margin. The expansion marks a structural milestone for the company, which has been executing an aggressive multi-year capital investment program aimed at capturing demand growth across India's infrastructure and housing sectors. Crossing the 200 MTPA threshold places UltraTech in rare global company among cement manufacturers, reflecting the scale of India's construction cycle. The capacity addition signals continued confidence in domestic demand visibility, particularly as government-led infrastructure spending and urban housing activity sustain volume growth. Investors and analysts will watch closely how quickly the new capacity is absorbed into utilization rates, since incremental volume at higher utilization directly improves operating leverage and per-tonne margins. Competitive pressure on regional players is likely to intensify as UltraTech's distribution reach and cost base extend further.
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.
