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Genius — OpenServe

Orient Electric Q1 profit up 80% — Jul 22, 2026Orient Electric reported a robust Q1 FY27 performance with standalone net profit of ₹31.49 crore on revenue ₹949.76 crore, marking a significant year‑on‑year rise in profit and revenue alongside a margin around 7%. The stock pared gains, with shares sliding up to about 5–6% intraday following the results as investors weighed elevated input costs against growth in Electrical Consumer Durables and Lighting & Switchgear segments.

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Simple Energy plans family scooter debut Sept 2 — Jul 22, 2026Simple Energy plans to launch its first family-oriented electric scooter on September 2, expanding beyond the performance-focused One lineup and aiming at everyday riders with a more conventional, comfort-oriented design. The model, likely named Arrive, is expected to feature practical touches such as a flat seat, front disc brake, and a sizeable floorboard, with a target range around 180–200 km and continued emphasis on in-house engineering and heavy rare-earth‑free motors.

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