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Economic Times - Business - News Image
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BusinessSep 13, 2025 12:10 AM

'Phasing out old vehicles could fetch Rs 40,000 cr in GST': Nitin Gadkari

New Delhi: Road transport and highways minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in goods and services tax (GST) if all the 9.7 million unfit and polluting vehicles in the country are scrapped. A total of 300,000 such vehicles have been scrapped till August, including 141,000 government vehicles, said Gadkari, addressing the annual session of the Automobile Component Manufacturers Association of India (ACMA). "According to our estimate, there ar ...Read More >

Abtak.com - Business - News Image
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BusinessSep 12, 2025 11:45 PM

Auto firms face ₹2,500 crore hit as compensation cess lapses under GST 2.0

Auto companies have urged the government to allow either an adjustment of accumulated cess with tax liabilities or a refund, warning that otherwise the credits will have to be reversed in their accounting books. Automobile manufacturers are staring at a potential write-off of around ₹2,500 crore in accumulated compensation cess credits, which will lapse on September 22 when the new GST 2.0 rates take effect, as per PTI. Currently, automobiles attract GST at 28 per cent -- the highest slab -- p ...Read More >

Zee News - Business - News Image
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BusinessAug 14, 2025 04:16 PM

Ashok Leylands Q1 Profit Plunges 47% Sequentially, Revenue Down Over 20%

Mumbai: Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807.2 crore, down from Rs 14 ...Read More >

The Times of India - Other Sports Technology Environment Entertainment Health Business Politics - News Image
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Ellenox, India's Largest Venture Studio, Announces Aggressive AI Expansion to U.S. and Gulf

VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >

Investing.com India - Business - News Image
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BusinessAug 14, 2025 02:37 PM

Indian Auto Industry Hopes For A Festive Boost Amid Export Pressures, Tariff Hurdles By Stocktwits

Stocktwits - India's automobile market reported a mixed trend in July, with a minor dip in passenger vehicle sales, even as two-wheeler and three-wheeler sales rose. A SEBI-registered analyst noted that while rural demand was sustaining the retail momentum, the threat of rising US tariffs and high dealer inventories could pose a huge hurdle unless the upcoming festive season brings some respite. July Auto Sales: SIAM Data Passenger vehicle wholesales in India declined 0.2% year-on-year to 3,4 ...Read More >

Social News XYZ - Business - News Image
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BusinessAug 14, 2025 02:04 PM

Ashok Leyland's Q1 profit plunges 47 pc sequentially, revenue down over 20 pc

Mumbai, Aug 14 (SocialNews.XYZ) Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807 ...Read More >

Unknown Source - Business - News Image
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BusinessJul 20, 2025 02:52 PM

India's auto exports xoom 22% in Q1 on record car shipments; Maruti grabs nearly half the pie

India's automobile exports surged 22% year-on-year in the April-June quarter, fueled by record passenger vehicle shipments and strong growth in two-wheelers and commercial vehicles. Passenger vehicle exports hit an all-time high, driven by demand in the Middle East, Latin America, and reviving neighboring markets. Maruti Suzuki led the PV export growth, while Hyundai Motor India also saw a significant increase. Automobile exports from India grew 22 per cent year-on-year in the April-June quarte ...Read More >

Unknown Source - Business Technology - News Image
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BusinessTechnologyJul 20, 2025 02:52 PM

Ashok Leyland takes proactive approach to tackle industry trends: Chairman

Ashok Leyland will follow a proactive approach to navigate emerging global and industry trends including electrification and supply chain challenges as it remains in hunt to be among the world's leading commercial vehicle manufacturers, according to Chairman Dheeraj G Hinduja. In his address to shareholders in the company's Annual Report for 2024-25, he noted that the commercial vehicle and mobility sectors are undergoing profound transformation. Electrification is accelerating, even as altern ...Read More >

Social News XYZ - Business - News Image
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BusinessJul 20, 2025 02:46 PM

India's automobile exports jump 22 pc in April-June quarter

New Delhi, July 20 (SocialNews.XYZ) India's automobile exports grew by 22 per cent year-on-year (YoY) in the April-June quarter of the current financial year (Q1 FY26), according to data released by the Society of Indian Automobile Manufacturers (SIAM). This strong growth was driven by record shipments of passenger vehicles, along with solid performance in two-wheelers, commercial vehicles, and three-wheelers. In total, India exported 14,57,461 vehicles across all categories in the first quart ...Read More >

NewsDrum - Politics Business - News Image
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PoliticsBusinessJul 20, 2025 11:22 AM

Q1 earnings, India-US trade talks outcome to drive market sentiments this week: Analysts

New Delhi, Jul 20 (PTI) Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Markets may on Monday react to the quarterly results of three heavyweights - Reliance Industries, HDFC Bank and ICICI Bank, an expert said. India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 c ...Read More >

NewsDrum - Business - News Image
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BusinessJul 20, 2025 11:22 AM

Automobile exports from India rise 22 pc in Apr-June

New Delhi, Jul 20 (PTI) 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 u ...Read More >

News18 - Other Politics Sports - News Image
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OtherPoliticsSportsJul 18, 2025 09:27 AM

One dead, another feared trapped as school building's roof collapses in Jharkhand

Ranchi, Jul 18 (PTI) One person was killed and another was feared trapped after a portion of the roof of a government school building collapsed in Jharkhand's Ranchi, amid incessant rain, police said on Friday. Operation is underway to rescue the person, expected to be trapped under the debris at the school in Piska More area in the state capital, an officer said. "A person was killed when a portion of the roof of a government school building collapsed. We have sent our team for a rescue opera ...Read More >

NORTHEAST NOW - Politics - News Image
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PoliticsJul 18, 2025 09:26 AM

Meghalaya taxi association to decide on new driver ID rules after government talks

Shillong: The East Khasi Hills Taxi Welfare Association (EKHTWA) on Thursday said it will announce its position on the Meghalaya government's newly proposed safety regulations for commercial vehicles only after holding discussions with the concerned authorities. "We are awaiting a meeting with the government, as indicated. Only after thorough deliberation will we declare our stance," said EKHTWA president Wandonbok Jyrwa. Ready for a challenge? Click here to take our quiz and show off your kno ...Read More >

Jammu Kashmir Latest News | Tourism | Breaking News J&K - Politics Business Health Entertainment - News Image
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Bihar Politics: Lalan Singh's Mutton Feast During Saawan Sparks Political Row

Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy ...Read More >

The Times of India - Politics Business - News Image
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PoliticsBusinessJul 18, 2025 05:30 AM

New facility at Nand Nagri to test 72,000 vehicles annually | Delhi News - Times of India

New Delhi: Chief minister Rekha Gupta on Thursday laid the foundation stone for a state-of-the-art, fully automated Automated Testing Station (ATS) at the DTC Nand Nagri Depot in northeast Delhi. The new facility will have the capacity to test 72,000 vehicles annually, significantly expanding Delhi's vehicle inspection infrastructure.Delhi currently has about 4.5 lakh commercial vehicles requiring annual fitness certification. However, the only existing ATS in Jhuljhuli in southwest Delhi can ac ...Read More >

The Times of India - Other Politics Health - News Image
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OtherPoliticsHealthJul 18, 2025 04:23 AM

Gehlot admits Udaipur beheading case impacted 2023 poll loss | Jaipur News - Times of India

Jaipur: Former CM Ashok Gehlot acknowledged Thursday that BJP's campaign focusing on the 2022 Kanhaiya Lal murder case contributed to his govt's electoral defeat in 2023.The case involved the brutal killing of Kanhaiya Lal, a tailor in Udaipur, who was beheaded inside his shop on June 28, 2022, by two assailants who filmed and shared the act on social media. The accused, Mohammad Riyaz Akhtari and Ghaus, were arrested within four hours after the crime.The murder occurred against a backdrop of es ...Read More >

The Shillong Times - Other - News Image
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OtherJul 18, 2025 04:13 AM

Taxi body to decide on safety policy after talks with govt - The Shillong Times

SHILLONG, July 17: The East Khasi Hills Taxi Welfare Association (EKHTWA) on Thursday said it will decide on whether to accept or reject the government's proposed safety measures for commercial vehicles after discussions with authorities. "We will wait for the meeting with the government, as indicated. It is only after a thorough deliberation that will we announce our stance on the matter," said EKHTWA president Wandonbok Jyrwa. According to a new safety policy announced by the government rece ...Read More >

LatestLY - Business - News Image
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BusinessJul 15, 2025 06:22 PM

Business News | DP World, Deendayal Port Authority, and Nevomo Sign MoU to Explore Autonomous Magnet...

New Delhi [India], July 15 (ANI): A Memorandum of Understanding (MoU) was signed between DP World, Deendayal Port Authority (DPA), and Nevomo to explore potential opportunities in autonomous magnetic rail freight movement in India. This collaboration aims to revolutionise cargo transportation within port ecosystems by implementing Nevomo's proprietary MagRail technology. Also Read | Will Samosa and Jalebi Display Cigarette-Style Health Warnings? PIB Fact Check Debunks Fake News, Says Health Mi ...Read More >

Free Press Journal - Other Business - News Image
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OtherBusinessJul 15, 2025 06:22 PM

Latest News | SK Finance Loan Book Jumps 27 Pc to Rs 13,261 Cr in FY25; Eyes Rs 2,200 Cr Via IPO | L...

New Delhi, Jul 15 (PTI) Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, the company said in a statement. Also Read | Bodoland Lottery Result Today, July 15, 2025: Assam State Lottery Sambad T ...Read More >

NewsDrum - Other Politics Business Technology Entertainment - News Image
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Govt requests parents to update children's Aadhaar biometrics between age 5-7, free of cost

New Delhi, July 15 (SocialNews.XYZ) The government on Tuesday urged parents and guardians to update their children's Aadhaar biometrics who have reached age seven. The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such ...Read More >

NewsDrum - Business - News Image
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BusinessJul 15, 2025 06:16 PM

SK Finance loan book jumps 27 pc to Rs 13,261 cr in FY25; eyes Rs 2,200 cr via IPO

New Delhi, Jul 15 (PTI) Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, the company said in a statement. The NBFC saw its profit after tax increase by 21.72 per cent year-on-year to Rs 380 cr ...Read More >

India TV News - Other Politics Sports Business Health Entertainment - News Image
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Chandigarh University Collaborates with India's leading Job Portal 'Apna' & Investment Firm Venture ...

PRNewswire Chandigarh [India], July 15: Chandigarh University, India leading private university, in collaboration with job platform Apna and investment firm Venture Catalysts (VCats) have launched Campus Tank, India first university-led Startup launch-pad for young innovators below the age of 30 to pitch their ideas and get funding of $1 Million to launch their startups along with expert venture guidance, strategic ecosystem alliances and immersive startup incubation. APNA which is India larges ...Read More >

Zee News - Business - News Image
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BusinessJul 15, 2025 06:02 PM

Tesla Debuts In India: Maharashtra To Become Country's Largest EV Manufacturing Hub, Says CM Fadnavi...

Mumbai: Chief Minister Devendra Fadnavis on Tuesday expressed confidence during the inauguration of Tesla's Experience Centre that Maharashtra will become the state with the highest electric vehicle (EV) manufacturing capacity in India. World-renowned EV manufacturer Tesla has officially entered the Indian market, and its first Experience Centre in the country -- located in Mumbai -- was inaugurated by CM Fadnavis. Transport Minister Pratap Sarnaik, Principal Secretary/CEO Kaustubh Dhavse, and ...Read More >

Northern Ireland News - Business - News Image
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BusinessJul 15, 2025 04:22 PM

India's passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery ...

New Delhi [India], July 15 (ANI): Passenger Vehicles and Two-Wheelers sales are expected to experience an uplift, helped by the upcoming festive season typically serves as a demand driver, according to the recent report by the Society of Indian Automobile Manufacturers (SIAM). Additionally, the report reveals that an above-normal monsoon is likely to aid rural income recovery, which is expected to be a positive signal for two-wheelers and entry-level vehicles that rely heavily on rural demand. ...Read More >

LatestLY - Business - News Image
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BusinessJul 15, 2025 03:24 PM

Business News | India's Passenger Vehicles and Two-wheelers Sector Anticipates Festive Season Boost,...

New Delhi [India], July 15 (ANI): Passenger Vehicles and Two-Wheelers sales are expected to experience an uplift, helped by the upcoming festive season typically serves as a demand driver, according to the recent report by the Society of Indian Automobile Manufacturers (SIAM). Additionally, the report reveals that an above-normal monsoon is likely to aid rural income recovery, which is expected to be a positive signal for two-wheelers and entry-level vehicles that rely heavily on rural demand. ...Read More >

News Nation English - Business - News Image
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BusinessJul 15, 2025 03:04 PM

India's passenger vehicles and two-wheelers sector anticipates festive season boost, rural recovery ...

New Delhi [India], July 15 (ANI): Passenger Vehicles and Two-Wheelers sales are expected to experience an uplift, helped by the upcoming festive season typically serves as a demand driver, according to the recent report by the Society of Indian Automobile Manufacturers (SIAM). Additionally, the report reveals that an above-normal monsoon is likely to aid rural income recovery, which is expected to be a positive signal for two-wheelers and entry-level vehicles that rely heavily on rural demand. ...Read More >

Unknown Source - Business - News Image
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BusinessJul 15, 2025 12:20 AM

Jharkhand: First all-girls batch completes training at Tata Motors

Jamshedpur, Jul 14 (PTI) Tata Motors on Monday announced the successful training and certification of the first all-girls batch in motor mechanics in Jharkhand. The training was conducted under the company's 'Kaushalya' initiative. The group of 13 young women, mobilised from three gram panchayats across Chandil (Seraikela-Kharswan district), Jamshedpur and Potka blocks (East Singhbhum district), completed the Mechanical Motor Vehicle (MMV) training module - an intensive programme designed to b ...Read More >

Hindustan Times - Other Sports Environment Entertainment Health Business Politics - News Image
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Four die in Himachal, five in Rajasthan's Kota as rain plays havoc

NEW DELHI: Four people died in Himachal Pradesh as rain continues to wreak havoc in the state, while five were swept away in Rajasthan's Kota at a barrage after a heavy downpour caused the authorities to release water from a reservoir. In Himachal, more than 200 roads are out of bounds for vehicular traffic, a majority of them in Mandi, while a flash flood warning has been issued for 12 districts in Jharkhand. An individual each drowned in Kullu and Kangra districts, one died after being bitte ...Read More >

NewsDrum - Business - News Image
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BusinessJul 14, 2025 11:04 PM

Jharkhand: First all-girls batch completes training at Tata Motors

Jamshedpur, Jul 14 (PTI) Tata Motors on Monday announced the successful training and certification of the first all-girls batch in motor mechanics in Jharkhand. The training was conducted under the company's 'Kaushalya' initiative. The group of 13 young women, mobilised from three gram panchayats across Chandil (Seraikela-Kharswan district), Jamshedpur and Potka blocks (East Singhbhum district), completed the Mechanical Motor Vehicle (MMV) training module - an intensive programme designed to b ...Read More >

LatestLY - Business - News Image
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BusinessJul 09, 2025 07:24 PM

Latest News | No Impact of Rare Earth Magnets Shortage on Production in Near Future: JSW MG Motor | ...

Mumbai, Jul 9 (PTI) JSW MG Motor on Wednesday said the global shortage of rare earth magnets, a key component in motors used for electric vehicles, has not impacted its production currently and is unlikely to impact it in the immediate future, but it is keeping a close watch on the developments. The company, which launched its first premium car showroom, MG Select, in Thane in the Mumbai Metropolitan region, also said that the curbs by China on the supply of magnets have been impacting not only ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.