The India business wire

News.

What moved in Indian commerce and business, read the way an operator reads it. Sourced from the reporting that matters, decoded for the people who have to act on it.

16 Jul 2026 · via Inc42

Zepto preps premium Select tab ahead of 2026 IPO

Zepto is readying a premium grocery tab called Select, stocking imported and gourmet products priced to undercut rivals, weeks ahead of its planned listing.

3 min read

16 Jul 2026 · via Business of Food

YatriKart plans 50 NCR stores in 50 days

The convenience retail startup opens its first Delhi NCR outlet and unveils a transit-first playbook: 50 Quick Stop stores in 50 days, and 5,000 across India in five years.

3 min read

16 Jul 2026 · via Prokerala

Windfall tax on diesel exports jumps to Rs 15.5

The government raised the windfall duty on diesel exports from Rs 8.5 to Rs 15.5 a litre and on ATF from Rs 7.5 to Rs 14.5, effective 16 July, as the US-Iran conflict pushes global crude higher.

3 min read

16 Jul 2026 · via BusinessToday

Quest PMS holds Eternal at 6% on Blinkit economics

Quest PMS has added to its Eternal position at nearly 6 percent of portfolio, arguing Blinkit owns the best unit economics in Indian quick commerce.

3 min read

16 Jul 2026 · via Entrackr

Promom raises Rs 30 Cr for mother and baby care

Fireside Ventures backs the Lucknow brand building feeding and early parenting products for the gap between expensive imports and inconsistent local alternatives.

3 min read

16 Jul 2026 · via NewKerala

Patanjali Foods drops 20% to a six-year low

Patanjali Foods fell 20 per cent to Rs 328.20 on the NSE on 15 July, its lowest level since April 2020. The company told exchanges there is no material event behind the slide.

3 min read

16 Jul 2026 · via Entrackr

Instamart adds 10 kg LPG cylinders with HPCL

Swiggy's Instamart becomes the first quick commerce platform in India to deliver LPG cylinders, starting in Bengaluru with HPCL's 10 kg composite and 5 kg metal formats.

3 min read

16 Jul 2026 · via Prokerala

India-UK CETA goes live, $140 mn shipped on day one

The India-UK trade agreement came into force on 15 July and the government marked it by flagging off over $140 million of exports in a single day. Nearly 99 per cent of India's export lines to the UK now enter at zero duty.

3 min read

16 Jul 2026 · via Prokerala

India electronics output up 6x to Rs 11.3 lakh crore

Electronics production in India rose sixfold in a decade to Rs 11.3 lakh crore in FY25, with exports up eightfold, according to an Infomerics Ratings report published 15 July.

3 min read

16 Jul 2026 · via Inc42

BigBasket to cut footprint from 76 to 40 cities

Tata-owned BigBasket will pull back from 76 cities to around 40 profitable ones as new CEO Amit Nanda takes on a hard profitability mandate.

3 min read

16 Jul 2026 · via Entrackr

Ather raises Rs 1,200 Cr; Hero stake hits 30.68%

Hero MotoCorp commits Rs 960 crore via warrants, the India-Japan Fund adds Rs 200 crore, and both co-founders buy in at market-linked prices as Ather stock touches an all-time high.

3 min read

16 Jul 2026 · via Entrackr

Anmasa raises Rs 30 Cr for 90-minute fresh staples

Fireside Ventures leads a Rs 30 crore seed round in the Gurugram startup that mills flour, presses oils and grinds spices only after the order lands, then delivers in 90 minutes.

3 min read

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