Five things worth your attention this morning, and the numbers that make them matter.
1. Flipkart grew 18% and still lost Rs 8,468 crore
Flipkart Internet’s FY26 numbers landed on Wednesday, the first full year since the group moved its holding company from Singapore to India. Revenue from operations rose 18.2% to Rs 1,45,880 crore; the net loss was Rs 8,468 crore against Rs 8,646 crore a year earlier. The mix is the real story. Logistics and warehousing revenue went from Rs 9,580 crore to Rs 23,059 crore, while marketplace and collection fees fell 43.9%. Part of that swing is likely a reclassification after the reverse flip, but the read is that Flipkart now charges sellers to move boxes, not for shelf space. (Entrackr)
2. Stellantis is spending Rs 4,000 crore on 12 launches
Stellantis India will invest about Rs 4,000 crore more under its Fastlane 2030 plan: seven new products and five refreshes across Jeep and Citroen by 2030, first launch in Q2 2027. MD and CEO Shailesh Hazela said Rs 11,000 crore has already gone in. For scale, Jeep and Citroen retailed 10,686 units in CY2025 — about 0.24% of India’s passenger vehicle market, per FADA. One of the 12 is a Jeep built on Tata Motors’ Sierra architecture, which suggests Stellantis has decided it cannot carry an India cost base on its own volumes. (Autocar Professional)
3. FSSAI wants delivery apps liable for food claims
FSSAI chief executive Rajit Punhani said the regulator is amending its rules so platforms answer for the misleading claims of the manufacturers they list. Alongside that: manufacturing date, expiry and batch number on every food listing, photographs and addresses for dark kitchens, and stricter storage checks on dark stores. Blinkit, Swiggy Instamart and Amazon Now are named. One number explains why it lands on platforms — Blinkit is the legal seller of record on nearly 90% of its own orders. On that structure the platform is the seller, and the liability follows. (MediaNama)
4. Shopify is reportedly bringing one-click checkout to India
Shopify is preparing to launch Shop Pay in India by the first quarter of 2027, Inc42 reported citing sources. Shopify has not confirmed it, so treat the date as reported rather than announced. Shop Pay saves payment, shipping and contact details so checkout takes one tap; Shopify claims up to 50% higher conversion than guest checkout. India already has a checkout layer in GoKwik and Shopflo, built around cash on delivery and failed UPI attempts. Shopify would arrive with the brand and the default placement, which is usually the stronger hand. (Inc42)
5. From November 1, your phone shows the caller’s real name
The Department of Telecommunications has told Jio, Airtel, Vodafone Idea and BSNL to switch on Calling Name Presentation from November 1. The name displayed comes from the connection’s KYC record, not from anything the caller chooses. That takes over a job Truecaller has done here for over a decade with crowdsourced phonebooks — except this one is authoritative, and it sits in the dialler rather than in an app you install. For anyone selling by phone, the likely effect is fewer answered cold calls. (Inc42)
The full edition, with the deeper reads on each of these, is here: https://theinsightlabs.in/daily/2026-10-16
If one of these lands close to something you’re working on, hit reply and tell me — I read every one.
— Satyam · The Insight Labs