{
  "id": 15842745,
  "title": "Apple’s FY26 Snapshot, Flipkart’s Foodtech Foray & More",
  "url": "https://urgent.news/2026/10/21/apples-fy26-snapshot-flipkarts-foodtech-foray-more",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-21T02:30:50.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/apples-fy26-snapshot-flipkarts-foodtech-foray-more/"
  },
  "original_language": "en",
  "account": "Apple India's FY26 performance indicates strong growth, with a 66% increase in net profit to ₹5,311 Cr and a 31.4% rise in operating revenue to ₹1.04 Lakh Cr. While services like AppleCare added to the revenue, component shortages may impact supply. Meanwhile, food delivery service Flipkart's Eat-in by Minutes is set to launch to the public by October-end, with plans to expand to six cities by 2026. The initiative is set to compete with Zomato and Swiggy. Over in the satellite communication sector, the Indian government is developing a hardware device to monitor traffic from Starlink and other overseas satellite operators to tackle risks associated with foreign satellite operators. Lastly, Burma Burma, a restaurant chain, filed a DRHP with SEBI for an IPO, with a proposed share issue of up to ₹150 Cr and an OFS component of up to 2.79 Cr shares.",
  "summary": "Apple India Rolls In Profits Apple’s India story is no longer just about iPhone sales. In FY26, the smartphone maker’s…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}