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Preview: today’s brief10 moves picked so far · updated 03:32 IST
- Snabbit's FY26 loss hits Rs 168 Cr on Rs 12.25 Cr revenue as the quick home-help race heats up
Why it matters (our read): Snabbit's daily jobs grew from around 500 to 35,000 across 100+ micro-markets while Urban Company's InstaHelp and Pronto scale up, so any operator eyeing quick home help now faces rivals already running at that scale.
Watch: Snabbit announcing a new funding round, and its size and valuation
Source: Entrackr, 16 Oct, 13:58 IST · also reported by 8 other outlets
- FSSAI serves notices on BigBasket, Flipkart and Gemini Edibles over Freedom rice bran oil claims
Why it matters (our read): FSSAI served notices on BigBasket and Flipkart India over Freedom Cooking Rice Bran Oil claims, so category teams there must check edible-oil listings against the Advertising and Claims Regulations, 2018.
Watch: Whether Freedom rice bran oil listings stay live on BigBasket and Flipkart
Source: ET Small Business, 16 Oct, 17:36 IST · also reported by 6 other outlets
- Wacoal India names Rakul Preet Singh brand ambassador with Autumn/Winter 2026 campaign 'In Pursuit of Beauty'
Why it matters (our read): Wacoal India named Rakul Preet Singh brand ambassador for its Autumn/Winter 2026 campaign 'In Pursuit of Beauty', so intimate-apparel retailers get four named collections (Iris, Basic Mold, Embrace, Cool Comfort) to match to it.
Watch: Further Wacoal India campaign content featuring Rakul Preet Singh after launch
Source: Fashion Value Chain, 16 Oct, 14:20 IST · also reported by 6 other outlets
- Citroen plans small car, C-SUV and D-segment MPV for India, with first launch in Q2 2027
Source: Autocar Professional, 16 Oct, 09:08 IST · also reported by 5 other outlets
- Urban Company Q2 revenue jumps 41% to ₹537 crore; board approves fundraise of up to ₹2,500 crore
Source: Free Press Journal Business, 16 Oct, 16:47 IST · also reported by 4 other outlets
- Reliance on Starlink row: Jio 'never feared competition', cites over 530 million customers in ten years
Source: Mint, 16 Oct, 08:28 IST · also reported by 4 other outlets
- Cult.fit gets SEBI nod for IPO with Rs 950 crore fresh issue and OFS of up to 17.86 crore shares
Source: Entrackr, 16 Oct, 19:50 IST · also reported by 3 other outlets
- Update: Reliance urges its 419,911 staff to back $3.2 billion Jio Platforms IPO, releasing October salaries about 15 days early
Source: Mint, 16 Oct, 14:45 IST · also reported by 2 other outlets
- Crompton Greaves Q2 FY27 net profit jumps 65% to Rs 124.39 crore as revenue grows 18%
Source: Free Press Journal Business, 16 Oct, 15:41 IST · also reported by 2 other outlets
- TVS Jupiter's festive TVC 'The Sway Wave' showcases colour-shifting finish of new dual-tone variant
Source: afaqs, 16 Oct, 15:27 IST · also reported by 2 other outlets
In the email, 5 of moves 4–10 also say why they matter.
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