Tuesday, 13 October 2026
Section
How firms make and spend money: earnings, cash machines, startups, IPOs/listings, company moves, and operating reality.
business
Tata Consultancy Services filed its September-quarter numbers with the exchanges on Thursday. Revenue rose to ₹73,188 crore, net profit was ₹13,884 crore, and the company said annualised AI revenue crossed $3.1 billion — more than 10% of revenue. It also flagged transformational deals with Porsche AG and Best Buy, and declared a ₹12 per share dividend.
business
Three filings after Wednesday's close. Tata Steel says its India arm made 6.21 million tons of crude steel in the September quarter, up 10% from a year earlier, and shipped 5.97 million tons, up 15% from the June quarter. Jeweller Senco Gold says retail revenue grew 29% with same-store sales up 19%. And JSW Steel repaid a $500 million bond six months early.
business
India’s two biggest listed jewellers told the exchanges their September quarter was strong. Titan’s consumer businesses grew about 25%, with jewellery up about 21% and gold coins down; Kalyan Jewellers’ consolidated revenue rose more than 26% on about 20% same-store growth. Dabur expects its India FMCG business to hit double-digit growth, and Mamaearth-owner Honasa expects early-thirties growth — while flagging inflation.
business
Six consumer companies filed September-quarter updates over the weekend and Monday. Avenue Supermarts (DMart) revenue ₹19,206.18 crore, +18.4%; Trent ₹5,788 crore, +23%, with its 1,000th Zudio store; AWL Agri Business revenue +24% on 12% volume growth; Nykaa net revenue growth expected in the late twenties. Godrej Consumer and Marico both expect strong quarters — and both flag rising crude-linked input costs.
business
Healthtech quick-commerce Rio.ai (Rio Health) raises ₹43.08 crore pre-Series A. Board allotment details: 7,130 CCPS @ ₹60,415. Lead Version One ₹21.30 Cr; Xeed ₹11.84 Cr; Good Capital Fund II ₹9.47 Cr; Amplify IV PCC ₹47 lakh. Founders Ankur Agrawal & Amit Ahuja ~17.50% each post-allotment. Capital Chronicle has not independently checked the RoC PAS-3 filing.
business
Pune fintech-brokerage Definedge raises ₹22 crore pre-Series A — total funding to ₹30 crore. Founders Prashant Shah (CEO) and Rajesh Badiye (CIO). Backers Nitin Agarwal, D. Prasad, Anant Jain, Sachin Kasera. Platforms: Zone, Opstra, Algostra, Momentify.
business
Gurugram electric commercial-mobility startup Drivn’s Indian entity raises Rs 45 crore (~$4.7 Mn) seed — Avaana Capital entire cheque. Founders Manav Bansal and Alpna Jain (2025). Filing-backed allotment and stake table.
business
QED-led Flam ($40 Mn), General Catalyst–led Disha (₹43.88 Cr), and Uber-led Carrum ($10 Mn) — a founder-angle skim of mid-September India cheques, not a market thaw call.
business
Observation letters for audio OTT Kuku (₹2,500–3,500 Cr range chatter) and lending platform Fibe (₹750 Cr fresh + OFS) land in the same September window as NSE’s mega close — pipeline, not listing day.
business
Tata Sons’ board reappointed N Chandrasekaran on 17 Sep; Trusts (chair Noel Tata) say Article 121’s nominee-majority condition failed and a casting vote cannot revive a stillborn resolution. Explainer only — no court outcome invented.
business
Revenue is not cash. Profit is not cash. Ask where money comes from, where it goes, and how long the lag is.
business
A beat can still be weak. A miss can be less alarming than the headline. Read profit, cash, and guidance in order.
business
Both return cash to owners. The tax, signalling, and share-count effects are not the same.
business
Profit on paper can still leave a firm short of cash if inventory and receivables swell.
business
A fat order book can mean future work—or slow conversion. Read both the backlog and the burn rate.