Flipkart, owned by Walmart, is preparing to enter India's movie and concert ticketing market, targeting a May launch according to sources. The move puts the e-commerce platform in direct competition with BookMyShow, the dominant incumbent, and Zomato's District, which entered the space more recently. India's live events sector has expanded sharply, making ticketing an increasingly contested distribution layer. Flipkart's existing user base and payments infrastructure give it a structural on-ramp, but converting browsing customers into ticketing regulars requires habitual engagement that pure e-commerce platforms historically struggle to generate. The company is also piloting food delivery, suggesting a deliberate push into high-frequency, low-margin verticals designed to increase app stickiness and daily active usage. Both moves carry thin-margin economics but serve the same strategic logic: deepening the consumer relationship beyond periodic shopping. Watch whether Flipkart subsidizes early ticket inventory to drive adoption and how BookMyShow and Zomato respond on pricing and exclusivity deals with event organizers.
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.
