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Liquor Industry Flags Telangana Over ₹3,725 Crore Payment Dues

By Uniquetimesorg June 12, 2026 0

The Indian arms of global alcohol majors, including Diageo, Pernod Ricard, Heineken and Carlsberg, have raised concerns over unpaid dues amounting to nearly $400 million (₹3,725 crore) from the southern Indian state of Telangana. Industry associations representing around 80% of India’s liquor, beer and wine market accused the state of violating accounting norms by Continue Reading

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Air India Reconsiders Expansion as Tata Group Pushes Cost-Cutting Measures

By Uniquetimesorg June 12, 2026 0

Air India is reportedly scaling back its ambitious growth plans as the Tata Group urges the airline to focus on reducing mounting losses and stabilizing operations. According to sources familiar with the matter, the carrier is in discussions with aircraft manufacturers Airbus and Boeing to defer deliveries from its massive order book of around 500 […]Continue Reading

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SpiceJet Faces Pay Delays Amid Cash Crunch

By Uniquetimesorg June 9, 2026 0

Indian airline SpiceJet is facing mounting financial pressure, leading to delays in salary payments for many pilots since March. Internal messages reviewed by Reuters reveal growing frustration among flight crew, with some pilots reporting financial hardship as the airline works through cash-flow challenges. SpiceJet acknowledged payment delays, saying salaries are being Continue Reading

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SEBI Alleges Massive Revenue Inflation by Rajesh Exports, Company Denies Wrongdoing

By Uniquetimesorg June 5, 2026 0

India’s market regulator, the Securities and Exchange Board of India (SEBI), has alleged that gold exporter Rajesh Exports overstated the revenue of its Swiss refining subsidiary, Valcambi, by nearly $159 billion between April 2020 and March 2025. According to SEBI’s preliminary findings, the company reported revenue of 15.15 trillion rupees that was largely attributed to Continue Reading

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IndiGo Warns of Slower Growth After Quarterly Loss

By Uniquetimesorg May 29, 2026 0

IndiGo expects its capacity growth to slow sharply in the first quarter of fiscal 2027 after reporting a quarterly loss impacted by higher fuel prices, a weaker rupee and reduced flight capacity. The airline now forecasts growth of around 3% to 4%, down from 16.4% growth recorded a year earlier. India’s largest airline, which controls […]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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Eicher Motors Rides Tax Cuts to Beat Quarterly Profit Estimates

By Uniquetimesorg May 22, 2026 0

Indian automaker Eicher Motors reported a stronger-than-expected quarterly profit on Friday, driven by robust demand for its premium motorcycle lineup. The manufacturer of the Royal Enfield Himalayan 450 adventure bike recorded a nearly 12% year-on-year increase in consolidated net profit, which climbed to 15.2 billion rupees ($158.85 million) for the March quarter. This Continue Reading

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Pernod Ricard Battles Delhi Government Over Liquor Licence Ban

By Uniquetimesorg May 13, 2026 0

French liquor giant Pernod Ricard is locked in a legal battle with authorities in Delhi after repeated rejections of its liquor licence renewal. The company says the ongoing ban has severely damaged its business operations in the capital for nearly three years. Delhi previously accounted for around 5% of Pernod’s India sales, making it an […]Continue Reading

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Swiggy Q4 Loss Narrows as Food Delivery Sees Strongest Growth in Years

By Uniquetimesorg May 9, 2026 0

India’s food and grocery delivery platform Swiggy reported a narrower fourth-quarter loss, helped by strong growth in its core food delivery business. The company said rising orders, expanding user numbers, and affordable offerings such as “99-Store” and restaurant marketplace “Toing” boosted demand. CEO Sriharsha Majety noted that the food delivery segment delivered its Continue Reading

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Radico Khaitan Resumes Gulf Exports as Regional Tensions Ease

By Uniquetimesorg May 7, 2026 0

Indian liquor company Radico Khaitan has resumed exports to Gulf markets after shipments were disrupted for nearly two months due to regional tensions in the Middle East. The company’s international business president, Sanjeev Banga, said exports gradually restarted in late April after no shipments were sent during March and most of April. The Gulf region […]Continue Reading