Turkey will receive some of the diesel Russia is supplying to world markets under an agreement with US President Donald Trump, Energy Minister Alparslan Bayraktar said on October 18. A day earlier, Turkey dispatched its first floating gas production platform, the Osman Gazi, expected to roughly double output from its Black Sea Sakarya field.
Walmart-owned Flipkart Group grew operating revenue 18.2% to ₹1,45,880 crore in FY26 while trimming its net loss to ₹8,468 crore, as logistics and advertising income surged and marketplace fees fell sharply.
Shopify is reportedly preparing to launch its Shop Pay accelerated checkout in India by early 2027, a move that would put it in direct competition with GoKwik, Shopflo, Razorpay's Magic Checkout and other Indian checkout providers serving D2C brands.
Manufacturing platform Zetwerk opened its ₹5,012 crore IPO on 15 October at ₹143–151 a share, a day after raising ₹2,251 crore from 99 anchor investors including BlackRock, Goldman Sachs and Norway's sovereign wealth fund.
B2B e-commerce platform Udaan returned to growth in FY26, lifting gross revenue 12.6% to ₹5,134 crore and cutting its net loss 19% to ₹852 crore as it prepares for a stock market listing.
Jio Financial Services' Q2 FY27 net profit fell 51% to ₹340 crore as expenses tripled, even though total income rose 70% and its lending arm's assets under management jumped 154% to ₹37,320 crore.
Confido Health, founded by Chetan Reddy and Vichar Shroff, has raised $12.5 million led by Z47 to scale AI agents that handle scheduling, insurance verification and care coordination for more than 1,500 US care sites.
Origin, a San Francisco-based construction robotics startup founded in 2025 by Indian entrepreneurs Yogesh Ghaturle, Ashish Daga and Tushar Makkar, has raised $20 million co-led by Accel and Zacua Ventures to scale its wall-finishing robot.
Shamrock AI, an enterprise AI startup headquartered in Shillong, Meghalaya, has raised a $5 million seed round led by Endiya Partners to build an "agentic assurance" platform that tests and validates AI agents across critical business processes.
Google DeepMind and Google.org are partnering with Hyderabad-based ICRISAT to create a free, AI-supported genetic catalogue of sorghum, aiming to help breeders develop hardier crops faster, with follow-on work planned for chickpea, groundnut and pigeon pea.