Automobile / Daily Excelsior
Speed is of essence in the final stages of electric car design. One project recently was a concept EV going straight to a rolling prototype in a four-week cycle by taking advantage of a complete digital model built to finalization. This quick turnaround meant more than simply putting more hours on a machine; it was the culmination of years of development of AI-guided toolpath development that meets the demands of production-injection grade machining completed through multi-axis machining. Workfl
Cong pays tribute to Rajiv Gandhi Excelsior Correspondent SRINAGAR/JAMMU, Aug 20: J&K Pradesh Congress Committee (JKPCC) president, Tariq Hameed Karra today claimed that under the BJP, India is turning into an autocracy from a democracy. Speaking to reporters at the party headquarters Srinagar after paying tribute to former PM Late Rajiv Gandhi, Karra said the J&K Reorganization Amendment Bill-2025, along with two other bills tabled in Parliament, showcased the authoritarian character of the Gov
NEW DELHI, Aug 18: Auto stocks were in high demand on Monday morning trade, with Hero MotoCorp jumping nearly 9 per cent, buoyed by plans for big bang reforms in the GST regime by Diwali. Shares of Hero MotoCorp surged 8.70 per cent, Maruti Suzuki India rallied 8 per cent, Ashok Leyland jumped 7.95 per cent, Hyundai Motor India zoomed 7.68 per cent, TVS Motor Company climbed 7.12 per cent, Bajaj Auto soared 5.18 per cent, Mahindra & Mahindra [] The post Auto stocks vroom; Hero MotoCorp jumps ne
NEW DELHI, Aug 17:In upcoming sweeping reforms, the GST on automobiles currently in the highest tax bracket will be restructured to resolve classification disputes related to engine capacity and vehicle size, ultimately benefiting the common man, according to government sources. Presently, automobiles are taxed at 28 per cent, which is the highest GST slab. A compensation cess, ranging from 1 to 22 per cent, is levied on top of this rate, depending on the type of vehicle. [] The post Proposed
Rahul Kumar The recent decision by the US to impose a staggering 50% tariff on a wide array of Indian goods is more than just a trade dispute; it is a seismic event that is reshaping the geopolitical landscape. This move, a direct and punitive response to Indias continued purchase of Russian crude oil, shatters the illusion of a seamless strategic partnership between the worlds two largest democracies. It forces India to confront its vulnerabilities and embark on a [] The post The Fault Lines o
NEW DELHI, Aug 11: VinFast Auto India on Monday said it has partnered with HDFC Bank to provide auto and inventory financing for its exclusive dealer network. The two partners have signed a Memorandum of Understanding (MoU) for the same, the company, a subsidiary of Vietnams EV maker VinFast, said in a statement. The partnership, VinFasts first with a banking institution in India, aims to offer a seamless suite of credit solutions ahead of the companys highly anticipated launch, [] The post Vin
Excelsior Correspondent JAMMU, Aug 8: In J&K for July 2025, the 2-Wheeler category witnessed a downfall of -3.34% at 10,888 units in July 2025, as compared to 11,264 units in July 2024. The 3-Wheeler category witnessed a growth of 2.26% at 1,210 units in July 2025, as compared to 1,181 units in July 2024. The Commercial Vehicle category witnessed a downfall of -22.89% at 714 units in July 2025, as compared to 926 units in July 2024. The Construction Equipment [] The post Sluggish July for J&K Au
Excelsior Correspondent JAMMU, Aug 7: Jammu Autowheels proudly launched the new Renault Triber at its showroom here today. The event was held in the esteemed presence of Shyam Vishwanath, regional manager, along with the management, staff members, esteemed bankers and valued customers. The launch marks a new milestone for Renault in the region, introducing a more stylish, spacious, and versatile Triber, built for todays dynamic families. Test drives and bookings are now open at Jammu Autowheels.
NEW DELHI, Aug 6: Bajaj Auto Ltd on Wednesday reported a 13.84 per cent rise in consolidated profit after tax at Rs 2,210.44 crore in the first quarter ended June 30, 2025, riding on robust exports and increased sales of premium motorcycles, commercial vehicles and Chetak electric scooter. The company had posted a consolidated profit after tax of Rs 1,941.79 crore in the same period last fiscal, Bajaj Auto said in a regulatory filing. Consolidated total revenue from operations in [] The post Baj
NEW DELHI, July 31: Textile, pharma, auto and IT stocks ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying Russian crude oil and military equipment. Among textile-related stocks, Pearl Global Industries tumbled 7.32 per cent, Gokaldas Exports dropped 4.37 per cent, Arvind Ltd fell by 4.33 per cent, Vardhman Textiles declined 4.23 per cent, Welspun Living
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NEW DELHI, Jul 30: The governments aim is to make Indias automobile industry number one in the world, Union Minister Nitin Gadkari said on Wednesday, highlighting that the industry has created 4.5 crore jobs, the highest in the country. Addressing an event here, the road transport and highways minister further said the future of Indian industry is very good. The size of Indian automobile industry is now Rs 22 lakh croreand mission for all of us is to make [] The post Govt aims to make Indian au
Leh, July 28: The Administration of the Union Territory of Ladakh has constituted a high-level committee to examine issues related to Nautor land and review the Ladakh Autonomous Hill Development Council (LAHDC) Act, 1997. The move followed directions from the Union Ministry of Home Affairs through a letter dated July 17, 2025. As per an order, the committee will be headed by Sanjeev Khirwar (IAS), Principal Secretary, UT of Ladakh, and will include three other senior officersMichael M. DSouza (
NEW DELHI, July 23:Biocon on Wednesday said its subsidiary Biocon Biologics has launched a product for the treatment of autoimmune diseases like rheumatoid arthritis, in the Australian market. The company has launched Nepexto, a biosimilar to the reference product Enbrel (Etanercept), in Australia, the company said in a regulatory filing. Nepexto will be promoted by Generic Health, a local partner and a leading provider of high-quality generic prescription, injectable and over-the-counter medic
NEW DELHI, July 20: Automobile exports from India rose 22 per cent year-on-year in the April-June quarter driven by record shipment of passenger vehicles and robust growth in segments like two-wheelers and commercial vehicles, according to industry body SIAM. Total exports across segments rose to 14,57,461 units in the first quarter as compared to 11,92,566 units in April-June quarter of last financial year. Passenger vehicles saw the highest-ever exports in the first quarter at 2,04,330 units,
Excelsior Correspondent JAMMU, July 15: Reinforcing its commitment to delivering exceptional customer experiences, Skoda Auto has surpassed 300 customer touchpoints across 172 cities. This milestone comes alongside the brands record-breaking half-yearly sales in H1 2025 and marks its 25th year in India and 130 years of global legacy. With a strategic focus on network expansion and customer-centricity, Skoda Auto India is driving growth by making its vehicles and services more accessible to a bro
MUMBAI, July 15: Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBIs comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 [] The post Stock markets cut short
Srinagar, Jul 14: Jammu and Kashmir Chief Minister Omar Abdullah did a virtual power walk, security personnel struggling to keep pace with him, his father Farooq Abdullah took an auto and minister Sakina Ittoo drove pillion on a scooty. Unprecedented scenes played out in Srinagar on Monday as National Conference leaders made their way to the Naqshband Sahib graveyard to pay tribute to 22 people killed by the Dogra army on July 13, 1931. On Sunday, observed as Martyrs Day, [] The post Walk, Auto,
NEW DELHI, July 14:Ola Electric on Monday said its revenue from operations for the April-June quarter rose 35.5 per cent to Rs 828 crore, as against Rs 611 crore during the quarter ended March 31, 2025. The Bengaluru-based firm said it delivered a total of 68,192 vehicles in Q1 FY26, as against 51,375 units delivered in Q4 FY25, marking an increase of 32.7 per cent quarter-on-quarter. The company said its auto business turned EBITDA positive in June, on the [] The post Ola Electric revenue up 3
MUMBAI, July 11: Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1 per cent, dragged by heavy selling in IT, auto and energy stocks. Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said. The 30-share BSE Sensex tanked 689.81 points or 0.83 per cent to settle at 82,500.47. During the day, it fell 748.03 points or 0.89 per cent to 82,442.25. Similarly, the 50-share [] The post Sensex, Nifty

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