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

In todays competitive environment, managing business operations efficiently is not just an advantageits a necessity. Whether its financial accounting, inventory tracking, statutory compliance, or business reporting, enterprises need streamlined solutions that are reliable, scalable, and easy to use. Thats where Antraweb Technologies steps in. As one of Indias most experienced and trusted 5 Star Tally Partners, Antraweb has been empowering businesses with intelligent business management software

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

NEW DELHI, July 7: Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday. Overall automobile registrations last month stood at 20,03,873 units, up 4.84 per cent as compared with 19,11,354 units in June 2024. Passenger vehicle (PV) retail sales rose 2 per cent year-on-year to 2,97,722 units last month as against 2,

Excelsior Correspondent JAMMU, July 3: Keeping its foot on the accelerator koda Auto India, celebrated its 25th anniversary in India and 130th year globally. With 36,194 units sold in the first half of 2025, koda Auto has achieved its highest half-yearly sales in its 25-year history in India. Commenting on the achievement, Ashish Gupta, brand director, koda Auto India said, Our landmark half-yearly sales reflect the strong acceptance of koda products and services by customers in India. Our custo

By T N Ashok NEW YORK: The US Supreme Court has curbed national injunctions on President Trumps effort to end automatic birthright citizenship. The full bench of the apex court ruled 6-3 in a majority ruling that lower courts did not have the right to grant stays or injunctions on President Trumps executive orders. Thereby, the Supreme Court on Friday handed a major win to the Trump administration by allowing it to take steps to implement its proposal to [] The post Trumps Win in Automatic Birt

BHUBANESWAR, June 26: National Aluminium Company Limited (NALCO), the Navratna Central Public Sector Enterprises under the Union Mines Ministry, has expanded its product portfolio with the introduction of its latest offering the IA90 Grade Aluminium Alloy Ingot designed specifically to cater to the evolving requirements of the automobile industry, said officials today. Sadashiv Samantaray, Director (Commercial), NALCO, formally launched the new alloy grade in the presence of senior officials of

NEW DELHI, June 22: European mass market automotive brands Renault, Volkswagen, and Skoda continue to struggle to enhance presence in the Indian market, witnessing sales decline in the last three financial years, industry data showed. According to data by JATO Dynamics, a leading provider of data and analytics to the global automotive industry, Renault saw the biggest sales dip in India to 37,900 units in 2024-2025 from 45,439 units in 2023-2024, and 78,926 units in 2022-2023. Similarly, Skodas

Budget was cut due to reduction in grants *Decision likely during Parls Monsoon session Sanjeev Pargal JAMMU, June 19: In a good news for twin Hill Councils of Leh and Kargil in the Union Territory of Ladakh, the Finance Ministry is expected to restore their budgetary cut of around Rs 90 crore each in the Capital expenditure shortly. Follow the Daily Excelsior channel on WhatsApp The decision is expected to be taken during or after Monsoon session of the Parliament [] The post Ladakh Autonomous

TOKYO, June 18: Japan recorded a trade deficit of 637.6 billion yen (about 4.4 billion U.S. dollars) in May, marking the second consecutive month in the red, according to data released Wednesday by the Ministry of Finance. The deficit was largely driven by a decline in auto exports to the United States, the data showed. Last month, Japans total exports fell 1.7 percent year-on-year to 8.135 trillion yen. Exports to the U.S. dropped by 11.1 percent, also the second consecutive [] The post Japan p

Excelsior Correspondent JAMMU, June 12: This year the koda Auto worldwide is celebrating 130 years of rich history and 25 exciting years in India. koda Auto India has outlined a slew of key brand, product, network and customer-centric initiatives to drive momentum in the Indian market. Speaking at the occasion, Ashish Gupta, brand director, koda Auto India, said, India is the most important growth market for koda Auto outside Europe. We are focused on building a strong, future-ready brand with [

Excelsior Correspondent JAMMU, June 10: Fairdeal Auto Motors today launched the all-new Tata Altroz, at its Akhnoor Road showroom in Jammu. The unveiling was graciously conducted by Bhagwan Das Gandotra, in the esteemed presence of managing director Saleem Bakshi, along with Rohit Gandotra, Farhan Bakshi, Mohit Gandotra and Ritvik Gandotra. Speaking at the launch, general manager Akash Haryal said, With its bold 3D front grille, Luminate LED headlamps and Infinity-connected LED tail lamps, the A

BRESCIA (Italy), June 6: India and Italy have agreed to increase cooperation in areas such as manufacturing, auto, aerospace, energy transition, migration and mobility, an official statement said on Friday. These issues were discussed during the meetings between Commerce and Industry Minister Piyush Goyal and Italys Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani, here. Brescia is Italys manufacturing hub. India and Italy agreed to prioritise co

NEW DELHI, May 25: Indias duty concession offer for the auto sector under the free trade agreement (FTA) with the UK is very nuanced with relaxations and quotas linked to engine capacity and vehicle prices, an official said. India has included adequate safeguards in the agreement with the UK to protect its sensitive sectors and in the automobile segment, the import duty will be reduced over 10-15 years, the official said. The duty cut and quota depends on engine [] The post Indias auto sector d

Excelsior Correspondent SRINAGAR, May 21: Mahindra & Mahindra Ltd today announced the launch of the Mahindra Treo Plus SM at Mahindra Star Auto, Lasjan Bypass showroom in Srinagar. The event was graced by the presence of Mohammad Rafiq (Mahindra & Mahindra), Tahil (Corporate Manager), Mudasir Shah (General Manager), along with dedicated staff members and esteemed customers. This exclusive edition celebrates a milestone of 1 lakh satisfied customers and showcases Mahindras dedication to sustainab

NEW DELHI, Apr 28:Leading auto component manufacturers could take a revenue hit of up to Rs 4,500 crore in the current fiscal due to dip in overseas shipments stemming from the tariff-related impact, ratings firm Icra said on Monday. Icra expects the revenue growth of Indian auto component industry, represented by sample of 46 auto ancillaries with aggregate annual revenues of over Rs 3 lakh crore in FY2024, to ease to 6-8 per cent in FY2026, against 8-10 per [] The post Auto component makers m