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Mahindra to Double EV Production as Q1 Profit Grows

By Uniquetimesorg July 30, 2026 0

Mahindra & Mahindra has announced plans to double its electric vehicle (EV) production capacity over the next five years after reporting a 6.8% increase in first-quarter profit. The automaker said strong demand across its passenger vehicle and farm equipment businesses helped drive quarterly revenue up 23% to ₹419.2 billion. The company’s SUV business recorded a Continue Reading

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Eternal Misses Profit Estimates Despite Strong Revenue Growth

By Uniquetimesorg July 22, 2026 0

Eternal, the parent company of Zomato and Blinkit, reported a nearly four-fold increase in its first-quarter net profit to ₹920 million. However, the earnings fell short of analysts’ expectations as intense competition and continued investments in its quick-commerce business, Blinkit, put pressure on profit margins. The company said competition in the quick-commerce Continue Reading

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Viatris Lowers 2026 Profit Forecast Amid India Plant Fire

By Uniquetimesorg February 26, 2026 0

Pharmaceutical company Viatris Inc has projected 2026 profits below analysts’ expectations following a fire at its Nashik manufacturing facility in India. The incident temporarily halted production of tablets and capsules, with operations expected to resume in April. The company has incorporated the disruption into its annual forecast, projecting adjusted per-share profit Continue Reading

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Ola Electric Transitions to Public Limited Company in Anticipation of IPO

By uniquetimes November 20, 2023 0

Ola Electric, the electric vehicle manufacturing division of Ola, has undergone a transition from a private company to a publicly listed entity as part of its preparations for an upcoming initial public offering (IPO). The company, established in 2017, has also modified its name to Ola Electric Mobility Limited, as indicated in regulatory filings. With […]Continue Reading