India’s leading e-commerce platform Flipkart has reduced its workforce by approximately 250 to 300 employees following its annual performance review, according to sources familiar with the development. The restructuring spans multiple departments and job levels and comes at a time when the company is simultaneously recruiting senior leadership as part of its long-term strategic planning. The move is widely seen as preparation for a potential initial public offering. Flipkart has emphasized that the decision forms part of its routine performance management process.

India’s aviation infrastructure has reached a significant milestone as the Noida International Airport in Jewar, Uttar Pradesh, received its aerodrome license from the aviation regulator. The certification paves the way for the airport’s operational readiness and signals progress toward strengthening air connectivity in northern India. Developed under a public-private partnership model, the project is led by Yamuna International Airport Pvt Ltd, a subsidiary of Zurich Airport International AG.

Pakistan has sharply increased petrol and diesel prices by PKR 55 per litre, marking the largest single hike in the country’s history. The decision comes amid mounting global energy uncertainty triggered by geopolitical tensions in the Middle East. Government officials announced the move during a late-night press briefing, assuring citizens that national fuel reserves remain adequate despite market volatility. The increase pushes petrol and high-speed diesel prices to unprecedented levels, significantly raising transportation and industrial costs.

Indian jewellery manufacturer Sunil Gold India Ltd has initiated the process for a public listing by filing draft documents with the securities regulator for an initial public offering. The proposed IPO will consist of a fresh issue of 2 crore equity shares along with an offer for sale of up to 65 lakh shares by the company’s promoters. Proceeds from the fresh issue are expected to support working capital needs and broader corporate objectives.

India’s road infrastructure sector recorded a strong performance as IRB Infrastructure Developers Limited reported a 22 percent year-on-year increase in toll revenue for February 2026. The company’s total toll collection reached Rs. 746 crore, compared with Rs. 614 crore in the same month last year. The growth reflects rising traffic volumes, expanding highway networks and contributions from newly operational toll assets. Revenue generated through infrastructure investment trusts also supported the increase.

India and Poland are strengthening defence ties as both countries explore opportunities for joint production of military equipment and technology. The initiative reflects a broader effort to deepen strategic cooperation while boosting domestic manufacturing capabilities. For India, collaboration aligns with its policy to expand indigenous defence production and reduce reliance on imports. Poland, meanwhile, seeks to enhance its defence industry partnerships amid evolving security dynamics in Europe and Asia.

Indian real estate developer Omaxe Limited has reported residential property sales worth approximately Rs. 800 crore in Faridabad, highlighting sustained demand for housing in the rapidly expanding National Capital Region. The sales performance reflects rising interest from homebuyers seeking modern residential developments supported by improved infrastructure and connectivity. Industry observers say the transaction volume underscores the continuing recovery of India’s housing sector following years of market consolidation and regulatory reform.

India’s leading digital payments platform, PhonePe, is preparing for a highly anticipated initial public offering that could value the company between Rs 75,000 crore and Rs 87,000 crore. The fintech firm aims to raise approximately Rs 8,700 crore through an offer-for-sale by existing shareholders. Although the projected valuation is slightly lower than its previous private funding round, the IPO could still rank among the largest public listings in India’s fintech sector.

India’s largest public sector lender, State Bank of India, has significantly expanded its workforce by recruiting 5,783 junior associates across various states and union territories. The move forms part of a broader hiring initiative during the current fiscal year, under which the bank has already added more than 18,000 employees across multiple roles and grades. The recruitment effort reflects the bank’s strategic focus on strengthening branch operations, improving customer service, and supporting its extensive nationwide network.

India’s automobile retail market witnessed a strong surge in February 2026, with overall sales rising nearly 26 percent year-on-year, reflecting renewed consumer confidence and improved affordability across segments. Total vehicle registrations climbed to 24,09,362 units compared with 19,17,934 units in February 2025. The expansion was broad-based, with two-wheelers, passenger vehicles, three-wheelers, commercial vehicles, and tractors recording their strongest February performance on record.