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Swiggy Plans Instamart Model Shift to Boost Margins

By Uniquetimesorg August 20, 2026 0

Swiggy’s quick-commerce arm Instamart is preparing to shift from a marketplace model to an inventory-led model, following shareholder approval that gives the company Indian-owned and controlled status. The move could allow Instamart to hold inventory directly and compete more closely with market leader Blinkit in India’s rapidly growing quick-commerce sector. Swiggy Continue Reading

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India Bars Niva Bupa From Opening New Branches for Six Months

By Uniquetimesorg August 20, 2026 0

India’s insurance regulator has barred Niva Bupa Health Insurance from opening new places of business for six months after the insurer breached prescribed limits on management expenses during the 2024-25 financial year. The expenses include operating costs and commissions paid to agents and distributors. Niva Bupa, backed by UK-based healthcare group Bupa, said it complied Continue Reading

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Zee Entertainment Gets Tribunal Relief for Warrants Issue

By Uniquetimesorg August 14, 2026 0

An Indian appeals tribunal has granted Zee Entertainment partial relief from a securities market ban, allowing the broadcaster to proceed with a planned issue of fully convertible warrants to a promoter group entity. The Securities Appellate Tribunal permitted the preferential issue while keeping the company’s broader market debarment in place. Zee shares ended 5.7% Continue Reading

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Ashok Leyland Profit Rises 2.3% on Strong Sales, Price Hikes

By Uniquetimesorg August 14, 2026 0

India’s Ashok Leyland reported a 2.3% increase in first-quarter profit, supported by strong demand for commercial vehicles and price increases that helped offset higher input costs. Profit for the quarter ended June 30 rose to ₹6.09 billion from ₹5.94 billion a year earlier. Revenue from operations climbed 10.4% to ₹96.34 billion, while input costs increased […]Continue Reading

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India Clears Law To Curb New State Taxes On Mining

By Uniquetimesorg August 13, 2026 0

India’s parliament on Thursday passed legislation aimed at restricting state governments from imposing new taxes, cesses or other levies on mineral rights and mineral-bearing land. Such charges will only be allowed under conditions set by the federal government, as New Delhi seeks to establish a more uniform fiscal framework for the mining sector. The government […]Continue Reading

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Tamil Nadu Signs $1.58 Billion Investment Deals

By Uniquetimesorg August 13, 2026 0

Tamil Nadu has signed agreements worth ₹150.5 billion ($1.58 billion) for 16 new projects backed by overseas investors, including France’s Saint-Gobain and U.S.-based Super Micro Computer. The deals are part of a broader investment drive by the state, which signed a total of 97 agreements worth ₹674.52 billion across multiple sectors. The projects are expected […]Continue Reading

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US Judge Dismisses Criminal Case Against Gautam Adani

By Uniquetimesorg August 11, 2026 0

A U.S. judge has dismissed criminal fraud and bribery charges against Indian billionaire Gautam Adani, after the U.S. Justice Department moved to abandon the high-profile case. Brooklyn-based Judge Nicholas Garaufis approved the dismissal but expressed concern over how prosecutors reached the decision, saying the process involved significant irregularities. Adani had been Continue Reading

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Zee Entertainment Profit Falls 46.9% on Weak Advertising and Rising Costs

By Uniquetimesorg August 10, 2026 0

India’s Zee Entertainment Enterprises reported a 46.9% decline in quarterly net profit, hurt by weaker advertising revenue and higher costs linked to its return to sports broadcasting. Consolidated net profit fell to ₹763 million for the quarter ended June 30, from ₹1.44 billion a year earlier. Zee’s total income increased 4.8% to ₹19.39 billion, but […]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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Medicover Sells India Hospital Business to KKR for €1.2 Billion

By Uniquetimesorg August 6, 2026 0

Swedish healthcare provider Medicover has agreed to sell its India hospital business to funds managed by global investment firm KKR in a deal valued at €1.2 billion ($1.39 billion). The transaction marks a major move for Medicover as it reshapes its global healthcare portfolio and strengthens its focus on key European markets. The company said […]Continue Reading