Swiggy has tapped Nandita Sinha, who formerly headed Myntra, to take charge of its quick-commerce business Instamart.

Sinha will step into the role from August 3, 2026, succeeding Amitesh Jha, who has resigned to pursue opportunities outside Swiggy.

The change comes as Instamart competes closely with Blinkit and Zepto amid rapid expansion across India’s quick-commerce industry.

During her time at Myntra, Sinha was credited with scaling the fashion e-commerce platform through a period of sustained growth before her departure earlier this year.

Swiggy said the appointment brings in leadership experienced at scaling large consumer internet businesses as Instamart enters its next phase.

The company has not announced any other leadership changes alongside the appointment.

Instamart has been investing heavily in expanding its dark-store network and improving delivery speeds as quick commerce becomes an increasingly important growth driver for Swiggy’s overall business.

Jha had led Instamart through a period of rapid expansion before his resignation, as the vertical scaled to compete with better-funded rivals in the sector.

Swiggy’s overall business spans food delivery, quick commerce through Instamart, and other services, with the company listed on Indian stock exchanges after its 2024 initial public offering.

Quick commerce has emerged as one of the fastest-growing segments of India’s retail sector in recent years, with platforms competing on delivery speed, product assortment and dark-store coverage across major cities.

Sinha’s exit from Myntra came in April 2026, when the Flipkart Group named Sharon Pais as the fashion platform’s new chief executive.

Instamart competes directly with Blinkit, owned by Eternal (formerly Zomato), and Zepto in India’s fast-growing quick-commerce sector, where companies have been racing to expand dark-store networks and cut delivery times.

Sinha’s more than two-decade career has spanned consumer goods and e-commerce, with earlier roles at Hindustan Unilever, Britannia Industries and Flipkart before she moved into leadership positions at Myntra.

Photo by SerChevalerie, Wikimedia Commons, CC0

NALCO’s net profit surged 88% year-on-year to Rs 2,002.38 crore for the quarter ended June 2026, up from Rs 1,063.86 crore in the same period last year, the state-run company said on Thursday, July 31, 2026.

Revenue from operations rose 39% year-on-year to Rs 5,302.38 crore, boosted by favourable global aluminium prices along with higher production and sales volumes, especially domestic alumina sales.

The company recorded its highest-ever first-quarter bauxite excavation at 19.52 lakh tonnes and highest-ever first-quarter calcined alumina production at 5.77 lakh tonnes, with alumina and hydrate sales at 3.47 lakh tonnes.

Chairman Brijendra Pratap Singh said NALCO ‘commenced FY 2026-27 on a strong note, reflecting the company’s operational resilience and prudent business strategy,’ pointing to favourable prices and higher volumes as drivers.

The board recommended a final dividend of Re 1 per equity share, totalling about Rs 183.66 crore for FY 2025-26, pending shareholder approval.

NALCO’s Q1 FY27 earnings call is set for August 3 at 10:30 am, when management will lay out expectations for the rest of the year.

NALCO is administered by the Ministry of Mines and remains one of the largest bauxite-alumina-aluminium integrated complexes in Asia, with operations spread across mining, refinery and smelter sites in Odisha.

The company’s shares are traded on both the BSE and NSE, and quarterly results such as these are closely tracked by investors in India’s public sector commodity space.

NALCO’s board also recommended a final dividend of Re 1 per equity share, or 20% of face value, amounting to about Rs 183.66 crore for FY 2025-26, subject to shareholder approval.

The company operates bauxite mines, an alumina refinery and an aluminium smelter across Odisha, making it one of India’s largest integrated aluminium producers and a major public sector undertaking under the Ministry of Mines.

NALCO plans to hold its Q1 FY27 earnings conference call on August 3 at 10:30 am, where management is expected to discuss the outlook for the rest of the financial year.

Photo by Lafrance, Wikimedia Commons, CC BY-SA 3.0

Maruti Suzuki’s consolidated net profit fell 9.11% year-on-year to Rs 3,446.9 crore in the quarter ended June 2026, down from Rs 3,792.4 crore, even as the carmaker posted its fastest revenue growth in several quarters.

Revenue from operations on a consolidated basis rose 35.91% to Rs 52,469.8 crore, up from Rs 38,605.2 crore a year earlier. Standalone net profit came in at Rs 3,352.1 crore, down from Rs 3,758.1 crore, while standalone net sales climbed 36% to Rs 49,959.1 crore.

The company sold 6,82,724 units during the quarter, a rise of 29.3% year-on-year, with domestic small car sales up 34.1%, SUV sales up 44.6% and exports up 28.6%. Domestic market share improved to 41.2%, a gain of 2.3 percentage points.

Operating EBITDA margin slipped to 8.22% from 10.4% a year earlier as higher material costs and increased promotional spending pressured profitability despite the strong volume growth.

The company said the commissioning of its Kharkhoda plant in Haryana had boosted production capacity, allowing it to meet rising domestic and export demand through the quarter.

Maruti Suzuki shares closed 0.36% higher at Rs 14,239.40 on the BSE ahead of the results announcement on Friday, July 31, 2026.

Maruti Suzuki’s results arrived during a busy earnings week for Indian markets, with Sun Pharma, Bajaj Finserv, Indian Oil Corporation and ABB among other large companies also reporting first-quarter numbers.

Separately, foreign institutional investors trimmed their holdings across several Nifty 50 companies during the quarter, even as domestic institutional investors raised their combined index ownership to a record 25.9%.

The company said the ramp-up at its Kharkhoda plant in Haryana added meaningfully to output during the quarter, helping it meet strong domestic and export demand.

Maruti Suzuki remains India’s largest carmaker by volume, competing with Hyundai, Tata Motors and Mahindra & Mahindra across the passenger vehicle segment.

Photo: Prime Minister’s Office, Wikimedia Commons, GODL-India