A US jury has found Ticketmaster and its parent company Live Nation guilty of operating an anticompetitive monopoly, a verdict that could expose the entertainment giant to hundreds of millions of dollars in damages. The ruling marks a significant courtroom defeat for the world's largest live entertainment company, which controls ticketing, venue management, and artist promotion across much of the US market. Live Nation acquired Ticketmaster in a controversial 2010 merger that regulators approved with conditions, and antitrust scrutiny has followed the combined entity ever since. The jury's finding of anticompetitive conduct now opens the door to substantial financial liability, and potentially structural remedies that courts can impose following monopoly verdicts. Plaintiffs in such cases can seek treble damages under US antitrust law, which would multiply any base award threefold. Investors and industry observers should watch whether this verdict accelerates Department of Justice or state-level action pushing for a breakup of the combined entity, as well as any appeal strategy Live Nation pursues to limit its exposure.
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.
