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.

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ABB India posted a record order book of Rs 4,363 crore for the quarter ended June 2026, up 50% year-on-year from Rs 2,917 crore, the company announced in results released on Saturday, August 1, 2026.

Revenue from operations rose 21% year-on-year to Rs 3,558.87 crore, while net profit for the quarter grew 3% year-on-year to Rs 362.30 crore.

Operational EBITA rose 23% year-on-year to Rs 461 crore, with margins up 20 basis points to 13.0%, even as the company faced higher freight, energy and commodity costs, including copper, silver and electrical steel.

The company said the strong quarter reflected demand across electrification, data centres, renewables, metals and infrastructure, supported by higher volumes and cost optimisation.

A special dividend of Rs 90 per equity share was declared by the board alongside the quarterly results.

The record order intake gives ABB India solid revenue visibility for coming quarters, as large electrification and automation contracts of this scale are typically executed over an extended delivery timeline.

ABB India reports its results on a calendar-year basis, meaning the quarter covered in this announcement runs from April to June 2026, aligning with the global parent company’s own reporting calendar.

The half-year period through June 2026 has also seen steady order momentum for the company, building on a broader capital expenditure cycle across Indian utilities, manufacturing and data centre construction.

ABB India’s growth was supported by strong demand across electrification, data centres, renewables, metals and infrastructure, sectors that have driven a broader capital expenditure upswing in Indian industry this year.

The company said margins were partly offset by higher freight, energy and commodity costs, including copper, silver and electrical steel, even as pricing strategies and cost optimisation helped protect profitability.

ABB India is the local listed arm of Swiss-Swedish engineering group ABB, and supplies electrification, automation and robotics equipment to sectors ranging from utilities to manufacturing across the country.

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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.

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