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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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SAIC to Sell Additional 10% Stake in JSW MG Motor India

By Uniquetimesorg May 29, 2026 0

Chinese automaker SAIC Motor is set to sell an additional 10% stake in its Indian joint venture, JSW MG Motor India, to its local partner JSW Group, according to sources familiar with the matter. The move will increase JSW’s shareholding from 35% to 45%, making it the largest individual shareholder in the company, while SAIC’s […]Continue Reading

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Ashok Leyland Hits Record Q4 Profit on Strong CV Demand

By Uniquetimesorg May 29, 2026 0

Ashok Leyland reported its highest-ever quarterly profit for the January–March quarter, driven by strong demand for commercial vehicles and record export volumes. The company posted a standalone profit of ₹14.05 billion, up 13% compared to the same period last year. Revenue from operations jumped 19% to a record ₹141.6 billion, supported by continued momentum in […]Continue Reading

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Renault Moves NCLT for India Restructuring, Plans Separate Powertrain Unit

By Uniquetimesorg April 30, 2026 0

Renault Group has initiated a major restructuring of its India operations, seeking approval from the National Company Law Tribunal (NCLT) to reorganize its business structure. The proposed plan involves separating its powertrain manufacturing activities into a dedicated entity, while integrating vehicle manufacturing and sales operations under a unified structure. The Continue Reading

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Middle East Conflict Hits India’s Aluminium Supply Chain

By Uniquetimesorg April 28, 2026 0

India’s aluminium recycling industry is facing significant disruption as the Middle East conflict curtails the flow of imported scrap, a key raw material for secondary producers. The country relies heavily on imports from regions including the Middle East, which accounts for nearly 30% of shipments, making the supply chain particularly vulnerable to geopolitical tensions. Continue Reading