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Ola Electric Shares Surge 10% as 20 GWh Battery Energy Storage Partnership With Axis Energy Boosts Growth
On August 5, 2026, Ola Electric shares climbed nearly 10% after the company announced a partnership with Axis Energy to deploy up to 20 GWh of Battery Energy Storage Systems (BESS) by 2032. The agreement takes Ola into India’s fast-growing utility-scale energy storage business, expanding its focus beyond electric scooters. With demand for renewable energy…
Singapore Airlines Engineer Wins A$41,203 After Unfair Dismissal Over 17-Minute Delay
Brisbane engineer Mohammad Israfel Khan wins A$41,203 in unfair dismissal case after Singapore Airlines A350 delay. Fair Work Commission finds dismissal lacked procedural fairness and serious misconduct unproven.
Tata Curvv EV Drops Up to Rs 3.35 Lakh in August 2026 Discount Blitz
Tata Curvv EV gets up to Rs 3.35 lakh discount in August 2026. The 55 kWh variant offers 585 km range. Includes cash discount, financing benefits, and premium features like 12.3-inch touchscreen.
KEI Industries (NSE: KEI) Surges 8% After Q1 Profit Jumps 40% YoY; Domestic Wires & Cables Business Grows 29%
KEI Industries shares surged 8% on the NSE after strong Q1 FY27 results were announced on August 3, 2026. Net profit jumped 40% year-on-year to ₹274 crore for the quarter ended June 30, 2026. The domestic wires and cables segment grew 29% during the period. Strong margins and steady domestic demand drove this sharp rally….
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
Toyota Harrier Goes Hybrid-Only on August 3; Prices Start at ¥4.40M
Toyota’s Harrier SUV shifts to hybrid-only powertrain on August 3, 2026. Prices range from ¥4.40M to ¥5.56M. New Night Shade special editions feature black accents and standard emergency power outlets.
Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.
Japan’s AC Outdoor Unit Mystery: 72% Miss Key Energy-Saving Step
Panasonic survey shows 72% of Japanese AC owners skip proper outdoor unit maintenance. Correct shading can cut energy use 10-13% and save ¥1,865 per season.