DARK NET
EU to make addictive app features easier to switch off
The European Union will on Wednesday unveil new rules to crack down on influencer marketing, ban online features that trick Europeans and force platforms to give users the right to turn off "addictive" features.
Trusted names, new game: India's FMCG giants reload old guns for changing tastes
India's FMCG companies are expanding into new product categories by leveraging the trust associated with their established brands. Hindustan Unilever has launched Horlicks Protein Powder, targeting consumers seeking protein-rich products. Emami is introducing new products across baby care and specialized scalp care under its existing brands. Marico has entered the shampoo market with Parachute Advansed Protein Shampoo, capitalizing on its hair-care equity.
NSE Q2 Results: Profit jumps 23% to Rs 2,578 crore, revenue rises 9%
NSE Q2 Results: The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,578 crore in the second quarter of FY27 (Q2FY27), compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year (Q2FY26).
SBI hunts for weak links after suspected cyberattack exposed 3,897 customer records
State Bank of India (SBI) is investigating a suspected cyberattack that may have exposed 3,897 customer records, with root cause analysis still underway. The bank is focusing on containing the breach and fixing vulnerabilities after customer information, including names, contact details and loan records, appeared on the dark web.
Rajanikanth, at 75, sets a new Kannada record with Jailer 2, beating Allu Arjun's Pushpa 2
Rajinikanth's Jailer 2 has achieved significant milestones, surpassing Rs 800 crore in box office collections. It is recognized as the highest-grossing Kannada-dubbed film and outperformed several Bollywood movies. The film collected Rs 4 crore gross in India on Day 19, bringing its total worldwide earnings to Rs 812 crore. Directed by Nelson Dilipkumar, Jailer 2 features a strong cast, including SJ Suryah and Vidya Balan.
Reliance Retail says profit margins will improve from next year as its online business investments pay off
With ongoing investments in ecommerce, Reliance Retail expects better Ebitda margins. The company is enhancing dark stores to ensure quicker delivery times and adapting retail spaces to cater to online shoppers. Although recent reports indicate a decrease in net profit, digital commerce still surged by 42%. Jeyandran Venugopal, the chief executive, expresses assurance in maximizing current assets for growth while steering clear of extravagant competitor expenditures.
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Reliance Retail Q2 profit takes a hit on Qcomm push
Reliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite this, revenue improved by 5.8% to ₹80,220 crore, largely driven by a surge in grocery sales. The company's profitability was affected by strategic investments and evolving festive season patterns, alongside rising finance costs stemming from increased borrowing and interest rates. Focus remains on improving transactions and business model adaptation.

Reliance Retail Q2 Results: Revenue up 6%, but late festive season, digital spends hit profit
Reliance Retail Q2 Results: The company's gross revenue increased 6.4% YoY to Rs 91,716 crore in Q2FY27, compared with Rs 86,169 crore in the year-ago period. The growth came despite the absence of major festive occasions during the quarter, with the festive calendar shifting to the December quarter.

Pink Panther actress Elke Sommer net worth: 20 million fortune, love for painting; How husband’s death changed her final months
Elke Sommer, renowned for her roles in 1960s films, died on October 28, 2026, at her Bel Air home. She won a Golden Globe for Most Promising Newcomer due to her breakthrough performance in The Prize. After facing a defamation lawsuit against Zsa Zsa Gabor, she received a $3.3 million judgment in her favour. As her acting career declined, she focused on painting, exhibiting her work internationally.

Mirzapur The Movie OTT release date confirmed: When and where to watch Pankaj Tripathi, Ali Fazal's crime thriller online
Mirzapur: The Movie is now streaming on OTT. This installment takes the audience deeper into the Mirzapur saga, featuring beloved characters Munna Bhaiya and Kaleen Bhaiya. With an impressive box office earnings of Rs 336.83 crore, it has garnered mixed reactions. Read on to know where to watch it online.

"Sink the idea": Mumbai sweats over a sea plan that intitially made waves but is now causing ripples of worry
Light pollution is already recognised as a global environmental and public health concern. Research has linked artificial light to sleep disturbances, mood disorders and higher risks of obesity and cardiovascular diseases in humans. It can also alter plant growth and interfere with animals' natural behaviour and ecological relationships.

Why Walmart would rather keep Flipkart private, for now
Over the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for liquidity on the stock options they were granted 10 to 15 years ago. On October 1, at least eight former senior executives, among them former Myntra CEO Mukesh Bansal and former chief business officer Ankit Nagori, wrote to Walmart chairman Gregory Penner, other board members and Flipkart Group CEO Kalyan Krishnamurthy, seeking a complete exit for all former employees holding vested options.

Swiggy shares jump 5% a day after Q2 results sparked a 17% crash. Why brokerages remain bullish despite target price cuts
Swiggy shares rebounded nearly 5% after plunging 17% following its Q2FY27 results. While food delivery profitability improved, widening Instamart losses prompted Jefferies and Nomura to cut target prices, even as brokerages retained bullish ratings.

Swiggy sinks 16% to record low as quick-commerce losses widen
Shares of Swiggy fell by 16.4% to ₹176.70, marking a record low for the company. This decline raises concerns over cash burn and achieving profitability in its quick-commerce business. Analysts are questioning Swiggy's strategic choices and execution following its market debut. The widening losses in the quick-commerce segment have drawn attention to the company's overall performance.

Ethan Klein Net Worth: How the H3 podcast star built a $25 million fortune with wife Hila amid his affair allegations has the internet spiralling
Ethan Klein and Hila Klein have a combined net worth of approximately $25 million. They built their wealth through YouTube, podcasting, and their streetwear brand Teddy Fresh. Hila publicly accused Ethan of having an affair, leading to their separation. Additionally, the H3 Podcast production crew decided to stop working with Ethan following these allegations. This situation has raised concerns about the future of their podcast and overall financial stability.

Eternal vs Swiggy: How the numbers stack up against each other
In the recent quarter, Eternal's Blinkit achieved remarkable success with a net order value of Rs 20,940 crore, drastically outpacing Swiggy's Instamart, which reported Rs 6,553 crore. Meanwhile, Eternal's Zomato saw a healthy growth in net order value by 21.5%, compared to Swiggy's 17.7% increase. Swiggy is set to adopt an inventory model to boost profitability as both companies foresee ongoing growth in their delivery segments.

Ethan Klein’s $9 million Bel Air mansion, 7,500-Sq-Ft luxury estate in spotlight as one of YouTube’s richest stars faces cheating allegations
Ethan Klein, one of YouTube’s richest stars with an estimated net worth of $25 million, is facing cheating allegations from his wife, Hila Klein. Amid the controversy, attention has turned to the couple’s $9 million Bel Air mansion, a 7,500-square-foot luxury estate featuring six bedrooms, a swimming pool, a spa and a private guesthouse.

Rs 9,000 crore wiped out in a day: Why Swiggy investors are losing patience with Instamart
Swiggy shares plunged on Friday, wiping out around ₹9,000 crore in market value as widening Instamart losses overshadowed food delivery growth. Following Q2 results, brokerages cut their price targets, citing deteriorating quick-commerce profitability. Instamart’s adjusted EBITDA loss widened to ₹895 crore from ₹778 crore, while its contribution margin deteriorated to -1.4% despite 13.4% sequential growth in net order value.

Swiggy Q2 revenue jumps 36%; loss narrows to Rs 922 crore
The company’s food delivery gross order value (GOV) increased 17.7% year-on-year to Rs 10,054 crore, up 5.9% from the previous month. Swiggy said its food delivery platform, excluding budget meals app Toing, clocked more than 20% growth in September, with more than 20 million transacting users.

Swiggy CEO Sriharsha Majety says rival Blinkit has the stronger flywheel, aims to fix basics before expanding
He said Swiggy’s priority is a stable business with “the clearest line of sight to Ebitda zero,” and that it would not use its cash reserves to open new fronts simply because the money is available. “I think our first job is to build a stable, resilient business that has the clearest line of sight to EBITDA zero. The optionalities come after that,” he said on the call following the announcement of the company's September quarter results.

Swiggy’s Q2 report card; eMudhra to exit certificate biz
Swiggy continued on its growth trajectory while bringing down losses in Q2FY27. This and more in today’s ETtech Top 5.

Tata Motors CV Q2 Results Preview: Profit may rise up to 44% YoY, revenue 45%; margins, volume growth in focus
Tata Motors Commercial Vehicles is expected to post strong Q2FY27 revenue and profit growth, driven by 43% volume expansion. However, rising input costs, margin pressures and divergent brokerage estimates remain key investor concerns ahead of results and management commentary.

Swiggy Q2 Results: Loss narrows YoY to Rs 922 crore; revenue jumps 36%
Swiggy Q2 Result: Food delivery and quick commerce company Swiggy Ltd on Thursday said its consolidated profit after tax narrowed to Rs 922 crore in the second quarter of FY27 from Rs 1,092 crore in the same quarter of last year. However, on a sequential basis, losses increased from Rs 792 crore posted in the preceding June quarter.

Never a dull moment! Why Jefferies raised Eternal’s target price after Q2 earnings
Jefferies raised its target price on Eternal to Rs 430 from Rs 415, implying around 38% upside from its previous close of Rs 312.35. The brokerage cited Blinkit’s faster store expansion and improving unit economics, food delivery growth of over 20%, and rising confidence in District.

Eternal’s strong Q2 report; Exits outpace hiring at top IT firms
Happy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.

Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimates
The growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase in net order value (NOV) to Rs 20,940 crore. During the September quarter, Blinkit continued to aggressively add dark stores and expects to exceed its March 2027 target of 3,000 stores by 500.

Eternal’s Q2 profit rises; SBI flags customer data leak
Eternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.

Dark Matter: Eternal’s chatbot will keep user conversations private even from the company — Deepinder Goyal
In a letter to shareholders, Goyal explained the idea behind Dark was to remove the worry that someone, someday, can read what you tell an AI bot. “All of us have a dark side, and it needs an outlet where it doesn’t have to hide,” he wrote.

Eternal’s Deepinder Goyal teases new AI product, Dark.ai
The company is expected to announce the product later on Wednesday. Details about Dark.ai, including its intended use cases and target customers, remain unclear. The Zomato and Blinkit parent reported a 92.3% on-year jump in net profit to Rs 125 crore in the second quarter of FY27. The company's revenue from operations rose 77.6% to Rs 24,138 crore.
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