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India and Volkswagen Clash in Court Over $1.2 Billion Tax Dispute

By Uniquetimesorg October 29, 2026 0

India and German automaker Volkswagen clashed in a Mumbai court on Thursday over a record $1.2 billion tax demand linked to alleged undervaluation of vehicle imports. Indian authorities claim the company paid lower import duties by declaring shipments as individual car parts rather than importing nearly complete vehicles in unassembled form. Volkswagen denies the Continue Reading

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Blue Star Reports 25% Rise in Quarterly Profit on Strong AC Demand

By Uniquetimesorg October 29, 2026 0

Blue Star, India’s leading air-conditioning and appliance manufacturer, reported a 25% increase in consolidated net profit for the quarter ended September 30, 2026. Net profit rose to ₹124 crore from ₹99 crore in the same period last year. Revenue from operations grew nearly 21% to ₹2,931 crore, driven by strong demand for air conditioners during […]Continue Reading

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Tata Motors’ Iveco Takeover Bid Secures 87.8% Acceptance

By Uniquetimesorg October 27, 2026 0

India’s Tata Motors has crossed the 80% acceptance threshold in its takeover bid for Italian truck manufacturer Iveco Group, reaching 87.8% on the final day of the offer on October 26, according to an Italian stock market filing. Based on provisional results, Tata Motors now holds 89.42% of Iveco’s common share capital. The tender offer, […]Continue Reading

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Festival Demand Drives India’s Diesel Sales Higher in October

By Uniquetimesorg October 16, 2026 0

India’s diesel consumption rose sharply in the first half of October, driven by increased truck movement during the festive season and stronger demand from the agriculture sector. Sales by state-run fuel retailers reached 3.65 million metric tonnes between October 1 and 15, marking a 26.4% increase from the same period in September and a 25.4% […]Continue Reading

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India Customs Probe Diverts Niger Soybeans to Asian Markets at Steep Discounts

By Uniquetimesorg October 15, 2026 0

Around 11,000 metric tons of soybeans originally bound for India have been diverted to Vietnam, Indonesia and Bangladesh amid increased customs scrutiny over suspected import duty evasion, according to trade sources cited by Reuters. The shipments were reportedly sold for $470 to $510 per ton, significantly below the more than $650 per ton agreed with […]Continue Reading

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India Weighs Mandatory Imported Coal Blending at Power Plants

By Uniquetimesorg September 26, 2026 0

India is considering requiring power plants to blend imported coal with domestic supplies for the first time since 2024, according to three government sources cited by Reuters. Under the proposal being discussed by the power ministry, thermal power plants could be required to blend up to 5% imported coal with domestic coal as falling inventories […]Continue Reading

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India Seeks 2027 LPG Imports From U.S. Through Term Tender

By Uniquetimesorg September 26, 2026 0

India’s state-owned LPG importers have issued a joint tender seeking around 2.75 million metric tons of liquefied petroleum gas from the United States for delivery in 2027, according to a document reviewed by Reuters. Indian Oil, Bharat Petroleum and Hindustan Petroleum are seeking four very large gas carrier cargoes each month under the tender. Each […]Continue Reading

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India’s U.S. LPG Imports Hit Record High Amid Middle East Supply Disruptions

By Uniquetimesorg June 23, 2026 0

India’s imports of liquefied petroleum gas (LPG) from the United States are expected to exceed 1 million metric tons in June, reaching a record high as New Delhi seeks alternative supplies amid disruptions in the Middle East. Before the Strait of Hormuz closure, India sourced nearly 90% of its LPG imports from Gulf producers, but […]Continue Reading

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India Set to Place Over $2 Billion in Domestic Military Drone Orders

By Uniquetimesorg June 3, 2026 0

India is preparing to place military drone orders worth more than $2 billion with domestic manufacturers this year, marking the country’s largest procurement of unmanned aerial systems to date. According to Smit Shah, President of the Drone Federation India (DFI), the acquisition is in advanced stages and is expected to be carried out through a […]Continue Reading

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Jubilant FoodWorks Shares Hit Two-Year Low After Weak Sales Growth

By Uniquetimesorg April 7, 2026 0

Shares of Jubilant FoodWorks, the operator of Domino’s Pizza in India, fell sharply on Tuesday, dropping to their lowest level since March 2024 after the company reported disappointing quarterly sales growth. The stock declined as much as 8.7% to ₹421, significantly underperforming the broader Nifty 50 index, which slipped slightly during the session. Analysts flagged […]Continue Reading