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Business

October Electric Vehicle Sales Surge 45 Percent to 354625 Units Across India

India's electric vehicle sales rose 45 percent to 354,625 units in October, driven heavily by electric two-wheelers reaching 224,064 units. Electric passenger vehicles climbed to 37,049 units, while electric three-wheelers hit 88,570 units. Reports show demand continues surpassing supply due to climbing fuel prices.

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ET Industry9m ago 1 min
Global Finance

European Union targets TikTok over addictive algorithms, threatening massive global turnover penalties

The European Union has charged TikTok over dangerous algorithmic features that create addictive consumption patterns for users. The platform's parent company, ByteDance, faces a potential penalty reaching up to six percent of its global annual turnover next year unless it addresses the compliance issues.

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CNBC Global11m ago 1 min
Business

Bar Council of India Removes Age Restrictions for Enrolling in Law Programs

The regulatory body for legal education has withdrawn its previously established age limitations for law courses. Following this administrative reversal, the Supreme Court formally closed the pending legal petition challenging those restrictions. This policy change opens enrollment pathways for prospective students of all age brackets.

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Economic Times21m ago 1 min
Business

Production of Cybertruck Ceases Following Recent Commercial and Operational Obstacles

Manufacturing operations for the electric pickup model have officially concluded, delivering another operational hurdle for executive leader Elon Musk. The shutdown marks a definitive halt to output for the distinctive vehicle line. Further details regarding restructuring plans or future vehicle iterations remain unspecified in the current update.

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Economic Times22m ago 1 min
Investment

TAAL Tech Announces First Interim Dividend For Financial Year 27 At Five Rupees Per Share

TAAL Tech has announced its first interim dividend for financial year 27 at five rupees per share, representing 250 percent. Shareholders listed on the record date of November 13, 2026, will qualify for the payout. The company has scheduled the disbursement to take place by December 2.

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LiveMint Markets23m ago 1 min
Business

Premji Invest Infuses Thirty Five Million Dollars Into Hical Tech

Investment firm Premji Invest has deployed 35 million dollars into Hical Tech to support its ongoing business expansion. The capital injection provides fresh financial backing for the recipient company's operations. Specific details regarding equity dilution or valuation terms were not disclosed in the report.

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Economic Times23m ago 1 min
Income Tax Govt

Jaipur ITAT Cancels 1.5 Lakh Rupee Penalty Under Section 271B for Commission Agent

The Jaipur Income Tax Appellate Tribunal deleted a 1.5 lakh rupee penalty levied under Section 271B against a commission agent. The appellate body reviewed the facts and granted relief to the taxpayer. This decision provides significant precedent regarding penalty proceedings in agency commission cases.

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Taxguru24m ago 1 min
Markets

Anand Rathi Selects Tech Mahindra, LTIMindtree, And Mphasis As Preferred Artificial Intelligence Plays

Anand Rathi views domestic technology firms as secure artificial intelligence investments while surging infrastructure expenses challenge global technology giants. The brokerage highlights asset-light enterprises possessing robust cash generation capabilities. Its top stock recommendations include Tech Mahindra, LTIMindtree, and Mphasis.

Scrips: MphasisLTIMindtree

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LiveMint Markets25m ago 1 min
CA Corner

Fatal fire incident at Oil India Intermediate Tank Farm facility leaves one person dead and six injured

A fatal fire erupted at Oil India Limited's Intermediate Tank Farm facility located in Tengakhat, Dibrugarh District, Assam. The tragic industrial accident resulted in one fatality and left six other individuals injured on 6th November 2026.

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Taxguru28m ago 1 min
Markets

British Airways owner reports twelve percent profit decline amid rising fuel and conflict disruptions

International Consolidated Airlines Group saw a third-quarter net profit drop exceeding twelve percent due to escalating fuel expenses and flight disruptions. The conglomerate cited flight cancellations stemming from the Middle East conflict alongside aircraft availability constraints and air traffic control problems.

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ET Markets29m ago 1 min
GST

Goods and Services Tax Appellate Tribunal restricts rectification process for anti-profiteering matters

The Goods and Services Tax Appellate Tribunal held that statutory rectification cannot be used to reopen anti-profiteering findings on merits. Rule 31 allows correcting apparent mistakes, but it does not permit reconsidering decided issues or modifying conclusions based on later rulings.

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Taxscan29m ago 1 min
Investment

Trump Media shareholders face massive losses as stock value plummets and revenue stagnates

Investors in Trump Media, including Ske Jarzenske, experienced severe losses totaling $2.2 billion as company share values plummeted. Meanwhile, Donald Trump maintained a $460 million stake while stagnant revenues fueled mounting shareholder discontent and questions regarding management practices.

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ET Markets30m ago 1 min

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