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Ola Electric Narrows Q1 Loss as EV Sales Rise

By Uniquetimesorg August 8, 2026 0

India’s Ola Electric reported a narrower first-quarter loss, helped by stronger electric two-wheeler sales and lower operating expenses following its restructuring efforts. The company’s net loss for the quarter ended June 30 narrowed to ₹3.36 billion from ₹4.28 billion a year earlier. Ola said orders nearly doubled from the previous quarter to around 44,000 units, […]Continue Reading

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Trent Shares Slip as Investors Seek Faster Revenue Growth

By Uniquetimesorg August 8, 2026 0

Shares of Indian fashion retailer Trent fell as much as 3.06% on Friday, despite the Tata Group company reporting a 22% rise in first-quarter profit. Investors remained focused on the pace of revenue growth, with Trent’s revenue increasing 18% to ₹57.55 billion, below the 20%-21% medium-term growth expectations of some brokerages. Like-for-like sales growth, a […]Continue Reading

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India Flags Diageo Whisky Label Claim as Misleading

By Uniquetimesorg August 8, 2026 0

India’s food safety regulator has warned Diageo that the label on its Royal Challenge whisky misleadingly claims the product is “matured in American oak casks,” saying a major portion of the spirit is not matured in wooden casks. The Food Safety and Standards Authority of India (FSSAI) issued the confidential notice on July 20, adding […]Continue Reading

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Blackstone-Owned AGS Health Files $500 Million India IPO Papers

By Uniquetimesorg August 8, 2026 0

Blackstone-owned AGS Health has filed updated draft papers for a ₹48 billion ($504 million) initial public offering (IPO) in India, nearly two months after receiving approval from the market regulator for its listing. The proposed IPO includes a fresh issue of shares worth up to ₹18 billion and an offer for sale of shares worth […]Continue Reading

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India Plans 1 Million-Ton Green Ammonia Supply Boost for Fertiliser Sector

By Uniquetimesorg August 8, 2026 0

India is seeking to increase domestic supplies of green ammonia to fertiliser manufacturers as part of efforts to reduce dependence on imports and strengthen energy security. The state-owned Solar Energy Corporation of India (SECI) plans to offer an additional 1 million metric tons of locally produced green ammonia annually through tenders, according to SECI Managing […]Continue Reading

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India Set to Exceed State Asset Sale Target

By Uniquetimesorg August 7, 2026 0

India is expected to surpass its ₹800 billion fundraising target this fiscal year through stake sales in state-owned companies and asset monetisation, according to government sources. The additional revenue is expected to help offset rising fiscal pressures caused by higher fuel subsidies and fertiliser import costs linked to the Middle East conflict. A major contributor Continue Reading

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India Plans Incentives for Polysilicon Production

By Uniquetimesorg August 7, 2026 0

India is preparing a new production-linked incentive (PLI) scheme to boost domestic polysilicon manufacturing, aiming to reduce its heavy reliance on imports from China. Polysilicon is a critical raw material used in solar photovoltaic panels, and the initiative is part of the country’s broader strategy to strengthen its clean energy supply chain. The proposed scheme Continue Reading

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India Keeps Energy Drink Label Deadline

By Uniquetimesorg August 7, 2026 0

India’s food safety regulator, FSSAI, has decided not to extend the 90-day deadline for beverage companies to remove the term “energy drink” from product labels. The decision affects major brands including PepsiCo, Red Bull, Monster Beverage, and Reliance Consumer Products, which had requested up to one year to clear existing stock and update packaging. Continue Reading

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Britannia Shares Jump on Strong Profit Growth

By Uniquetimesorg August 7, 2026 0

Britannia Industries’ shares surged nearly 5% after the company reported a 13.4% increase in quarterly net profit and projected stronger domestic demand. The biscuit maker said steady consumer spending and healthy volume growth helped it navigate rising commodity costs and supply chain challenges. The company reported quarterly net profit of ₹5.91 billion, while Continue Reading

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Google’s India Data Centre Faces Environmental Opposition

By Uniquetimesorg August 7, 2026 0

Google’s planned $15 billion data centre project in Visakhapatnam, Andhra Pradesh, is facing growing environmental opposition over concerns about water availability and its proximity to the Kambalakonda Wildlife Sanctuary. Activists argue that the massive project could strain the city’s already limited water resources and negatively impact local wildlife, despite ongoing Continue Reading