Skoda Auto Volkswagen India, the country arm of the global automotive giant, is facing trouble in India as the government has served a show-cause notice for alleged import duty evasion amounting to over USD 1.36 billion. This could result in a penalty equal to the dues, bringing the total liability to Rs 23,000 crore. The investigation, focused on models brought in as CKD units, found that the company declared them as individual components to pay lower import duty. Despite the company defending their actions, the authorities have dismissed their justification.
Ola Electric, the electric vehicle arm of Ola, launched two new ranges of scooters - Gig series and S1 Z series - targeting both gig workers and urban commuters. Along with the scooters, Ola also announced the Ola PowerPod, an inverter that uses their portable batteries to power household appliances. The stock price of Ola Electric jumped by 8% on November 27, marking a 19% recovery from the 52-week low. Founder Bhavish Aggarwal said that these new products will make energy more efficient and provide flexibility in both mobility and household usage.
Brokerages UBS, Nuvama, and Emkay have signaled a cautious outlook for Tata Motors as challenges weigh on its luxury arm Jaguar Land Rover and domestic passenger vehicle business. UBS and Nuvama have reduced their target prices, citing a significant drop in JLR's margins and heightened competition, while Emkay maintains a positive view but has also lowered its target price. Despite this, analysts expect a gradual improvement in JLR's performance and note Tata's India CV business remains resilient.
T.K. is in for an unexpected surprise when his father's rival, Enzo, comes to town for his 30th birthday in the latest episode of 9-1-1: Lone Star. An innocent dinner quickly turns into a heated arm wrestling match, reigniting old tensions and causing a serious injury. As Enzo's visit forces the characters to confront their past, viewers can also look forward to a breast cancer diagnosis, a life-saving surgery, and a potentially deadly phone call.
Since its launch, Windows 11 24H2 has faced several issues, and now it seems that printer compatibility on Arm-based devices is also affected. Users of popular printer brands like HP, Canon, and Brother have reported facing issues with their printers since upgrading to Windows 11 24H2. This adds to the list of concerns that users have had with the latest Windows 11 update.
Get a sneak peek into the fitness regime of social media influencer Sonia Isaza as she hits the gym with her partner and celebrity athlete Arturo Vidal. The video showcases a variety of exercises, including Pull ups, push ups, and arm exercises, as the two power couple demonstrate their dedication to fitness. Learn about Sonia's approach to staying fit and healthy, including her love for running and working out with a partner.
The Russian Foreign Minister, Sergey Lavrov, accused US President Joe Biden of using nuclear arms talks as a ploy to gain electoral points for Democratic Party candidate Kamala Harris. Lavrov also revealed that Moscow is against engaging in strategic stability talks without preconditions, as urged by the US, in order to prevent any unilateral military advantages. This comes ahead of the upcoming US presidential elections on November 5, in which Harris was selected as the Democratic nominee after Biden's withdrawal following a controversial televised debate with Republican nominee Donald Trump.
Reliance's Campa Cola, with its aggressive pricing and higher margins to retailers, has disrupted the market and caused increased competition in bottled beverages. This has led TCPL, the Tata Group FMCG arm, to reduce their prices as well. Despite the decline in ready-to-drink business revenue in the September quarter, TCPL's MD and CEO Sunil D'Souza assures that they are adapting to the competitive pricing action to retain their market share.
In a highly-anticipated and explosive match, Manchester City and Arsenal battled it out for the top spot in the Premier League, with both teams vying for the title this season. The game was filled with intense moments, including Erling Haaland's 100th goal for City and Leandro Trossard's controversial red card right before half-time. However, it was Manchester City's John Stones who became the hero of the match, scoring in the 97th minute to secure a hard-fought draw. Despite the heated atmosphere on the pitch, there were some heartwarming moments off the field as well, with Kevin De Bruyne catching up with Mikel Arteta and walking down the tunnel arm in arm with Raheem Sterling.
In an explosive atmosphere, Gunther and Orton put on a display of intense wrestling at the WWE Bash in Berlin 2024. Both competitors tested each other's strengths, with Gunther's aggressive approach taking over, but Orton retaliated with powerful moves. Despite injuring his arm, Gunther continued to fight, while Orton targeted his opponent's back with brutal slams. In the end, Gunther was able to retain his championship title, much to the delight of the fans.