Triumph Scrambler 400 XC launched in India at Rs 2.94 lakh
The bike is available in three striking colour options – Racing Yellow, Storm Grey, and Vanilla White – each proudly displaying the classic 'Scrambler' badging.Despite its old-school aesthetic, the Scrambler 400 XC is packed with features. It includes switchable traction control, off-road ABS, Ride-by-Wire throttle, torque-assist clutch, USB charging socket, and an all-LED lighting system with signature DRLs. A dual-format instrument cluster ensures riders have all necessary information within easy view.At the heart of the Scrambler 400 XC lies the new 400cc TR-series engine, specially tuned for scrambler performance. It delivers 40PS of peak power at 8,000 rpm and 37.5Nm of torque at 6,500 rpm, accompanied by a throaty soundtrack from its stainless steel twin-skin exhaust system.advertisementWith 16,000 km service intervals, a 5-year standard warranty, and 1-year Roadside Assistance, the Scrambler 400 XC offers good ownership value. Buyers can also opt for extended warranty plans up to 10 years and choose from 20+ dedicated accessories to tailor the bike to their style.Manik Nangia, President of the Pro-Biking Business Unit at Bajaj Auto Ltd., said, 'The Scrambler 400 XC is built to inspire riders to explore the open road and beyond. It's more than a motorcycle; it's an invitation to a lifestyle driven by passion and freedom.'The new Triumph Scrambler 400 XC is now available across all authorised Triumph dealerships in India.Subscribe to Auto Today Magazine
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Time of India
14 minutes ago
- Time of India
Bajaj Auto to infuse more mojo into 125cc motorcycles this fiscal
Bajaj Auto will focus on on restoring competitiveness in the 'strategically important' 125cc+ motorcycle segment during this fiscal, according to its 2024-25 annual report. The company will also look at unlocking the full potential of the GoGo brand in the electric three-wheeler space, 'mirroring our leadership' in the ICE category. Likewise, the new Chetak electric scooter range will be executed with the intent to 'significantly step up' volumes and market share. Multiple product launches across the KTM and Triumph portfolios are planned to further strengthen Bajaj Auto's global market positioning . 'Throughout this journey, we remain mindful of margin pressures arising from an increasingly competitive landscape and a strengthening rupee,' states the company. Also read: Bajaj Auto on the go with its GoGo electric 3-wheeler brand Chairman, Niraj Bajaj , has said in the report that sales of the 'strategically important and focused segment' of the 125cc+ motorcycle segment hit a new peak. Pulsar, the flagship brand, remains a strong force in the sports motorcycle segment, 'leading the charge as a symbol of Indian engineering and excellence'. Targeted actions While overall domestic motorcycles performance was subdued by a relatively weak second half that saw a loss of market share, 'we view this as a critical area and are taking clear and targeted actions to regain momentum'. Sales of the recently launched Freedom 125 have also been tepid but Bajaj Auto has reiterated that the world's first CNG motorcycle represents its commitment to 'breakthrough innovation while reimagining mobility'. Freedom 125, the company states, is more than a bike; it is a statement of how engineering and environmental stewardship can go hand in hand. That your Company not only navigated this transition but delivered its best-ever performance is a testament to the very versatile nature of our business, which drives the resilience of our results. When one engine slows, the other steps up — allowing the enterprise to stay on Bajaj The preceding fiscal also saw domestic demand slowing down for Bajaj Auto in the second half while exports accelerated sharply. 'That your Company not only navigated this transition but delivered its best-ever performance is a testament to the very versatile nature of our business, which drives the resilience of our results. When one engine slows, the other steps up — allowing the enterprise to stay on course,' said the Chairman. According to him, the other bit of good news was the 'surefooted progress' that Bajaj Auto had made on building the electric vehicles business which now account for 20% of domestic sales. More importantly, Chetak achieved segment leadership position on electric scooters during the fiscal that went by. Chetak on a roll 'This was the year in which Chetak hit leadership in the electric scooters market as volumes more than doubled year-on-year. The launch of the affordable variant earlier in the year and rapid expansion of the network to over 4,000 touchpoints were key interventions that propelled the business to leadership,' said Niraj Bajaj. The company's partner brands, KTM and Triumph, clocked nearly one lakh units domestically, reflecting the growing preference for premium mobility and 'our decisive presence' in this space. 'Buoyed by the strength of an expanded/upgraded portfolio and a wider reach in terms of city and dealership coverage, the interventions are yielding encouraging results,' he added. Also read: Bajaj, KTM will pull out all the stops in new revival plan The electric three-wheeler business, which is under two years old, rapidly scaled up too with a three-fold increase in market share and further going on to achieve segment leadership at the start of FY26. Exports also staged a strong comeback with double-digit growth that was led by Latin America, which continued its strong momentum, registering yet another high over what was already a record performance last year. 'Our brands continue to enjoy deep trust and loyalty among customers, helping us reclaim volumes and drive share across markets,' he said. Bullish on Brazil The recently launched Brazil business has grown scale quarter after quarter particularly after supplies were unlocked following the commissioning of the first company-owned overseas assembling facility in Manaus in June 2024. The business ended the year at a quarterly run rate that was in excess of what it sold for all of the previous financial year. To leverage the attractive market opportunity, capacity is being further increased, the portfolio augmented and the network expanded to cover the country. I truly believe Brazil will emerge as a sizable and exciting market for us in the years Bajaj 'To leverage the attractive market opportunity, capacity is being further increased, the portfolio augmented and the network expanded to cover the country. I truly believe Brazil will emerge as a sizable and exciting market for us in the years ahead,' said Niraj Bajaj. Summing up, the company would remain committed to driving competitiveness in the strategically relevant and important 125cc+ motorcycle segment while scaling up Chetak even further with a view to growing volumes, market share leadership and improving unit economics. Bajaj Auto would also focus on expanding and replicating market leadership in the electric three-wheeler segment and thereby mirroring the strong position built in the ICE category. It would also strive to sustain and broad base the recovery in exports while leveraging the uptick across select overseas markets. The company would stay the course 'relentlessly' on delivering differentiated product innovation, impactful in-market activation and superior customer experience. Project Velocity The year also saw Bajaj Auto kicking off Project Velocity which involved a thorough analysis of business units, leadership-led reviews, and 'iterative refinements' to each unit's organisation structure. This was followed by a carefully thought out mapping of talent to key roles, ensuring alignment with business priorities, and stronger cross-functional collaboration. 'It resulted in simplification of the organisation structure and flattening of the leadership layers to provide perfect correlation between our leadership levels, 4S framework and our leadership competency framework,' said the Chairman. As I reflect on the year gone by, for me it has brought home a profound business truth - in uncharted waters, competitiveness comes not from always having the wind at your back, but from being able to adroitly adjust your sails as the winds Bajaj All this revolved around simplicity of strategy, (anticipate the future with simplicity); singularity of objectives (drive singularity of alignment across the organisation); synergy of teams (bring synergies by enabling the cross functional teams to continuously adapt to the dynamic environment); and speed of execution (act with speed in flawlessly executing and continuously improving). According to Niraj Bajaj, these changes have already started to positively impact agility, efficiency and speed of execution within the ecosystem. 'As I reflect on the year gone by, for me it has brought home a profound business truth - in uncharted waters, competitiveness comes not from always having the wind at your back, but from being able to adroitly adjust your sails as the winds shift,' he observed.
Time of India
an hour ago
- Time of India
TCS axes 12,000 jobs; Ola loses steam in EV race
TCS axes 12,000 jobs; Ola loses steam in EV race Also in the letter: TCS to lay off 12,000 employees after tepid Q1 Quote, unquote: Parting gift: Affected employees will receive payment for their notice periods and an additional severance package. TCS will continue insurance coverage and offer outplacement assistance to help transition. The company also plans to provide counselling and support as laid-off staff explore new opportunities. Hiring slack: Also Read: Ola's Krutrim to lay off linguistics team Tell me more: Zoom out: Ather Energy narrows gap with Ola Electric as EV sales decline amid rare earth magnet crunch Volume slide: The volume gap between the two has shrunk dramatically. Only 526 units separated them in July, down from over 5,000 in June. It isn't just an Ola problem. The overall EV two-wheeler market contracted by 21.6% month-on-month in July. Legacy players TVS Motor and Bajaj Auto also suffered, reporting sharp sequential drops of 31% and 27.4%, respectively. Rare earth concerns: China's curbs on rare earth magnet exports have begun to bite, forcing several EV makers, including Ather, Bajaj, and TVS, to prepare production cuts, as we reported earlier this month. These magnets are critical to motors that power most electric scooters. Also Read: Ola's challenges: Sales data discrepancies, vehicle quality complaints and missing trade certificates at several of its retail outlets have added to the pressure. The company's stock has been underwhelming since its debut, closing Friday at Rs 41.2 on the BSE, nearly half its IPO price of Rs 76. Also Read: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: Lenskart gets shareholder nod to raise Rs 2,150 crore via IPO Driving the news: Road to listing: Lenksart is expected to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in the coming days. The total issue size is likely to be around $1 billion, according to people aware of the matter. All aboard: PaySense cofounder Sayali Karanjkar and IndMoney founder Ashish Kashyap have joined the board as independent directors. Peyush Bansal takes charge as chairman, managing director and CEO of Lenskart. Neha Bansal and cofounder Amit Chaudhary have been appointed executive directors Al so Read: Quick fashion delivery startups lean on AI, try-and-buy to cut costly returns Returns in focus: Knot said partner brands that see almost 20% return rates online are now clicking under 1% in offline trials, thanks to digital interventions. Slikk, which is testing an 'instant returns' option, claimed return rates are 40–50% lower than on traditional platforms. Other venture-backed startups such as Zilo and Zulu Club are also experimenting with similar tools. Myntra, meanwhile, said its MNow quick delivery offering is seeing fewer returns, citing shorter delivery windows as the reason. Investor interest: For labels, it is a way to prevent sales loss from stuck inventory. For shoppers, it means less money is held up in refund cycles. Old idea, new bets: Viability question: Also Read: Keeping Count Other Top News By Our Reporters GCC hiring hotspot: Amagi Media files for IPO: Global Picks We Are Reading Happy Monday! India's largest software exporter is trimming 2% of its workforce as demand woes persist. This and more in today's ETtech Morning Dispatch.■ Lenskart IPO plans■ Quick fashion plays 'no return' game■ Mid-tier GCC hiring picks upK Krithivasan, CEO, TCSTata Consultancy Services, India's largest software exporter, is laying off over 12,000 employees —about 2% of its 613,069-strong workforce—as macro headwinds and disruptions weigh on business demand.'TCS is on a journey to become a future-ready organisation… As part of this journey, we will also be releasing associates from the organisation whose deployment may not be feasible,' the company said in a top six IT firms added just 3,847 employees in the June quarter, down 72% from 13,935 in the March TCS and Infosys reported a net headcount increase during the AI unit, Krutrim, is laying off most of its linguistics team , just months after hiring them. The move follows a pivot in company strategy and delays in 100 full-time linguists, hired to train Kruti, Ola's new AI assistant, are being let go, according to people familiar with the to internal documents reviewed by ET, the layoffs stem from a shift in organisational priorities triggered by external Aggarwal, CEO, Ola Electric & Tarun Mehta, CEO, AtherOla Electric's pivot from aggressive growth to profitability is starting to show cracks. Its market share in the electric two-wheeler segment slipped to 17.2% as of July 27 , with rival Ather Energy now breathing down its neck at 16.5%.Much of the slowdown stems from a growing supply meanwhile, is grappling with more than just supply Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship Bansal, CEO, LenskartLenskart shareholders have approved the eyewear retailer's plans to raise Rs 2,150 crore ($250 million) through an initial public offering (IPO), according to regulatory filings with the Registrar of the annual general meeting on Saturday, the omnichannel brand secured the go-ahead to tap the public markets, a major step in its expansion in the 60-minute fashion delivery race are leaning on 'try and buy' options and artificial intelligence (AI)-powered virtual try-ons to tackle one of ecommerce's thorniest problems : high return believe these features could slash return rates by 15–20 percentage points, unlocking serious savings for both platforms and first tried this in 2016, but the idea fizzled out due to supply chain constraints and patchy delivery networks, industry executives told us. Now, logistics have improved, but challenges increases costs, as delivery executives must wait while customers decide. Some items still get returned, straining already tight by mid-size GCCs, defined as those with 500–2,000 employees, increased by 10–12% in the six months ending June, compared with a 4–6% growth among large GCCs, according to data from staffing services provider Quess to the draft IPO papers filed with the market regulator, Amagi plans to raise Rs 1,200 crore through a fresh issue of shares. Additionally, investors such as Norwest Venture Partners, Accel, and Premji Invest plan to sell up to 34.2 million shares through an offer for sale (OFS).■ Bryan Johnson is going to die ( Wired ■ Breaking down Trump's big gift to the AI industry ( The Verge ■ Saudi Aramco wants a Google spinoff to turn its waste into wealth ( Rest of World
News18
2 hours ago
- News18
Dulquer Salmaan Turns 42: Malayalam Actor's Net Worth And Car Collection Will Blow Your Mind
Dulquer Salmaan Birthday: A look at Malayalam actor's net worth, most acclaimed movies, career milestones, and the major films and OTT projects he's set to star in next. Dulquer Salmaan, who is one of the highest-paid Malayalam actors, turns 42 on July 28. The actor, singer and producer is known for his impeccable on-screen is a recipient of several honours including four Filmfare Awards South, one Kerala State Film Award, Dadasaheb Phalke International Film Festival (DPIFF) Award among others. On his birthday, let's take a look at his staggering net worth, top movies and upcoming projects. The son of Malayalam superstar Mammootty, Dulquer Salmaan has worked in a number of movies. As per a report by the TOI, his estimated net worth is Rs 57 crore. His estimated annual income in 2017 was Rs 9.28 crore, which marked his entry in the prestigious Forbes India's Celebrity 100 list. He charges around Rs 8 crore per movie. In addition to acting, Dulquer Salmaan's other sources of income include brand endorsements and appearances at various public events. Dulquer Salmaan's Car Collection Coming to his luxurious possessions, Dulquer Salmaan owns expensive cars, including the Porsche 911 Carrera S, Audi Q7, Mercedes-Benz SLS AMG, Range Rover Vogue and BMW M3 Convertible. The O Kadhal Kanmani actor also has a Ferrari 458 Spider, BMW X6, Mercedes Benz AMG G63, BMW Z4, BMW M5, and BMW i8 at home. He also owns luxury bikes, including a Triumph Bonneville and a BMW R1200GS Adventure. Dulquer also owns a penthouse in Dubai priced at approximately Rs 14 crore. The actor is a co-owner of a home in Kochi with his father, reportedly worth Rs 100 crore. Dulquer Salmaan's box office success has contributed to his wealth. Here are his highest-grossing films: Lucky Baskhar (2024): The actor last appeared in the period crime drama, co-starring Meenakshi Chaudhary, Tinnu Anand, P. Sai Kumar, Ramki, Raghu Babu, Sarvadaman D. Banerjee, Sachin Khedekar and Y. Kasi Viswanath. It became his first film to gross over Rs 100 crore and earned over Rs 110.5 crore worldwide. Sita Ramam (2022): Another milestone film in Dulquer Salmaan's career was this romantic drama alongside Mrunal Thakur. It collected Rs 96 crore worldwide. Mahanati (2018): Dulquer Salmaan appeared in the biographical drama based on the life of actress Savitri. The movie had earned Rs 84 crore globally. Kurup (2021): Kurup, which was based on a true story, featured Dulquer Salmaan in a new avatar as a criminal and fugitive. It has collected almost Rs 81 crore worldwide. O Kadhal Kanmani (2015): Dulquer's romantic drama featuring Nithya Menon was also a super hit movie. It collected Rs 46.5 crore worldwide. Other blockbuster movies on his list include Bangalore Days (2014), which grossed Rs 46 crore, Charlie (2015), which collected Rs 40 crore worldwide and Jomonte Suvisheshangal (2017), which was a super hit with a collection of almost Rs 37 crore worldwide. Dulquer Salmaan's Upcoming Projects The actor next has several movies in his pipeline, including a Malayalam movie titled Lokah – Chapter One: Chandra, where Dulquer will be seen in a cameo role. The movie is being co-produced by the Mahanati star and is set to release on August 28. Dulquer Salmaan is working on a Tamil film titled Kaantha, where he will play the role of M. K. Thyagaraja Bhagavathar. Following this, he has a Telugu movie titled Aakasam Lo Oka Tara, which has also begun filming. First Published: July 28, 2025, 07:25 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
