Ather Energy Ltd. is on the cusp of operational profitability, even as net loss narrows meaningfully for what is perhaps the fastest growing electric two-wheeler maker in India. Ather Energy co-founders Tarun Mehta (left) and Swapnil Jain. (Tushar Deep Singh/HT) Standalone net loss of the Bengaluru-based EV maker narrowed to ₹84.6 crore in the three […]
Mumbai: Urban researcher and geospatial analyst Abhijit Ekbote, 50, has developed a mapping tool that citizens can access freely to assess mangrove loss due to the proposed Versova–Dahisar Coastal Road, which will require the felling of at least 45,000 mangroves as per estimates by the Brihanmumbai Municipal Corporation (BMC). Photo for representation (Hindustan Times) Hosted […]
Air India Ltd. is set to report a record annual loss after last year’s deadly crash and airspace shutdowns wiped out progress toward a turnaround, according to people familiar with the matter. FILE PHOTO: Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. […]
Ather Energy Ltd. narrowed its loss in the fiscal second quarter on higher sales from an expanding distribution network. Ather Energy’s sales rose 67% year-on-year to 65,595 units for a market share that improved 530 basis points to 17.4% in Q2 FY26. (Tushar Deep Singh/HT) Net loss of the Rizta maker stood at ₹154.1 crore […]
Ola Electric Mobility Ltd. has claimed that its homegrown 4680 Bharat Cell and, consequently, the prospect of client loss in India is forcing South Korea’s LG Energy Solution Ltd. to attack indigeniously developed battery technology. The 4680 Bharat Cell is a lithium-ion battery cell manufactured by Ola Cell Technologies Pvt. Ltd. at its Ola Gigafactory […]
Ola Electric Mobility Ltd. narrowed its losses in July-September 2025 even as revenue plunged 43%, amid fewer takers for electric two-wheelers. Ola Electric founder Bhavish Aggarwal. (Reuters) Consolidated net loss of the Bengaluru-based EV maker stood at ₹418 crore in the three months ended 30 September 2025, as against ₹495 crore loss in Q2 FY25, […]