Eternal's Q1FY27 shareholder letter reveals strong B2C net order value growth, with Blinkit emerging as the primary growth engine and achieving profitability. Food delivery remains a steady profit anchor, while new ventures like Bistro and Nugget are in early investment stages.
Actor Riva Arora reported a distressing encounter with a Blinkit delivery agent at her Mumbai home on April 26. She alleges the agent displayed rude and inappropriate behavior, escalating to verbal harassment for nearly 40 minutes. The family contacted Mumbai Police, who responded promptly. A formal complaint has also been lodged with Blinkit.
Reliance Industries reported hyperlocal commerce orders grew over 300% year-on-year in Q4 FY26, with the company operating India's widest hyper-local delivery network across grocery, electronics and fashion. Leveraging over 20,000 stores as fulfillment hubs across 1,200 cities and 5,100 pincodes, Reliance Retail posted annual revenue of ₹3.70 lakh crore (up 11.8%) with EBITDA of ₹27,033 crore. The structural shift from store-led expansion to doorstep fulfillment intensifies competition with quick commerce players like Blinkit and Zepto.
