PAGE INDUSTRIES FEMA VIOLATION
Page Industries shares crash over 13% after Q2 results, FEMA non-compliance disclosure
Page Industries shares fell sharply on Thursday after the company disclosed FEMA non-compliance involving online sales of imported Jockey and Speedo products. The stock's decline came despite an 11.5% rise in Q2 FY27 revenue and a 4% increase in profit. The company also declared an interim dividend of Rs 150 per share.
In a Florence library, a 1551 astronomy book held handwritten notes that went unnoticed for centuries; a historian recognised them as Galileo’s writing from around 1590
A historian in Florence has discovered handwritten annotations believed to be Galileo Galilei’s in a 1551 copy of Ptolemy’s Almagest. The discovery sheds light on Galileo’s early engagement with geocentric astronomy before he became a leading supporter of heliocentrism. The mathematical notes and an accompanying biblical passage offer a rare glimpse into his intellectual and personal life, demonstrating how forgotten marginalia can reveal fascinating insights into history’s greatest minds.
Taylor Swift and Travis Kelce reportedly make unusual wedding gift request to guests; Sweet detail sparks social media buzz
Taylor Swift and Travis Kelce celebrated their wedding on July 3, 2026, at the iconic Madison Square Garden. In a move that reflected their philanthropic spirit, they asked guests to make charitable donations instead of traditional gifts. One couple chose to contribute to an animal welfare organization in line with the couple's wedding wishes.
Who is Kang Wei? The Chinese fund executive reported to be Alice Huang’s husband and now under police investigation in Shanghai
Kang Wei, the Chinese private equity executive reportedly married to Alice Huang, is under investigation by Shanghai police over suspected stock manipulation. The founder of Hexi Investment built the firm alongside Huang after a falling-out with former business partner Zhu Xiaoming in 2017. He has also faced penalties from China's securities regulator.
Alice Huang, who reportedly had an affair with Nvidia CEO, is a Chinese banker turned tech exec
Jensen Huang, CEO of Nvidia, was reportedly involved in an affair with Alice Huang, a Chinese businesswoman. Alice Huang faced allegations of being a spy for China targeting advanced Nvidia chip availability. Reports indicated she may have influenced Nvidia’s operations, causing concern among policymakers. Megaspeed, where she held a leadership role, was scrutinized for potentially violating export controls. The Chinese government has denied the accusations of espionage against Alice Huang.
Gurugram bans coal, wood-fired tandoors at eateries under GRAP
Under the revised guidelines of the Graded Response Action Plan (GRAP) issued by the Commission for Air Quality Management (CAQM), these establishments can now use only electric, gas-powered or other approved clean-fuel equipment. The order has come into immediate effect, an official said.
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2,450 kg chicken destroyed: FDA finds food safety violations, including 700 kg meat brought from Delhi in thermocol boxes without temperature control for 36 hours
Goa's Food and Drugs Administration has destroyed 2,450 kg of chicken during two inspections in South Goa after detecting food safety violations. Officials intercepted 700 kg of chicken transported from Delhi at Margao railway station after nearly 36 hours of transport without temperature control. Another 1,750 kg was destroyed over missing labels and purchase records at a Verna cold storage unit.
German antitrust authority says PayPal practices may restrict competition
Germany's Federal Cartel Office is scrutinizing PayPal's strategy that bars merchants from imposing extra charges for specific payment methods. This practice is perceived as a potential barrier to competition among payment services, raising concerns about compliance with existing competition laws. While PayPal has not yet provided a media response, this investigation indicates a growing regulatory focus on digital payment systems within Germany.
Amazon Prime Refund: $3 million for customers after lawsuit alleges company made subscription cancellations complicated; also pledges $1.5 million for consumer protection
Amazon Prime Refund: Amazon has agreed to pay $3 million to eligible Prime customers in Arizona to settle allegations that its six-step membership cancellation process made it difficult for subscribers to end their memberships. The company will also contribute $1.5 million towards consumer protection, pay $1.5 million in legal expenses and donate $1 million to food charities. Amazon has denied wrongdoing.
Adobe, Canva, Figma tools in Claude: Anthropic lets users edit photos, PDFs and designs without switching apps
Anthropic has upgraded its AI assistant Claude, allowing users to edit photos and work on PDFs directly within applications. Users can now interact with tools like Adobe and Canva without switching between different windows. Claude can make direct changes in applications as users monitor the edits in real-time. Additional integrations with apps such as Figma and Shopify are also under development.
India garment makers rethink reliance on US after tariff shock
Many Indian companies are reconfiguring their export destinations, and their exposure to the US, in light of the tariff shock, in a move that is likely to strengthen New Delhi's hand in its trade negotiations with Washington, and potentially reduce India's vulnerability to US pressure over time.
Who is Alice Huang, the Chinese businesswoman linked to Nvidia CEO Jensen Huang?
Alice Huang, a finance professional, has transitioned to the AI chip industry with Megaspeed International. The company is under investigation for its links to advanced Nvidia chip exports to China. Reports suggest Alice Huang may have acted as an intelligence asset, raising concerns about potential national security breaches. Nvidia's board has initiated an investigation into its CEO's involvement with her.
US sues Lyft, alleges discrimination against disabled riders
The US Justice Department sued Lyft on Monday, alleging the ride-hailing services provider discriminated against passengers with disabilities, including those who use service animals and mobility devices such as stowable wheelchairs.
Traffic challan disposal dips to 17.8% in Jan-Oct, revenue falls by a third
Only 17.8% of traffic challans were disposed of in the first ten months of 2026. The total fine issued was ₹16,903.93 crore, with only ₹2,824.38 crore collected. Poor enforcement practices have compromised safety, leading to more road accidents and pollution. Further delays in processing traffic violations have led to a backlog of cases. Recent Supreme Court directives aim to enhance enforcement against unpaid challans and related services.
US opens probe into 2,895 Waymo vehicles over school bus safety violations
NHTSA said it was reviewing whether a software update implemented by Waymo under a December 2025 recall adequately addressed a defect that could cause Waymo vehicles to pass school buses displaying flashing red lights or extended stop arms after initially slowing or stopping.
Who is Surekha Vani? Telugu actress' Instagram account hacked, issues warning over circulation of private content
Actress Surekha Vani has taken to social media to announce that her Instagram account has been compromised, leading to the unauthorised distribution of her private content. She has called upon users and media outlets to cease sharing this content. To protect her privacy, Vani is prepared to initiate legal proceedings against anyone who continues to circulate these materials.
Gurgaon offices calling more than half of staff to office, violating 50% WFH rule, will be issued show-cause notices; employees can complain on 112
Gurgaon administration has opened two helplines, including 112, for residents to report companies violating the 50% work-from-home requirement. Anonymous complaints will trigger inspections. The move follows show-cause notices to law firms Trilegal and JSA after inspections found more than 60% of their employees working from office.
Sonam Wangchuk seeks President Droupadi Murmu's intervention in Ladakh, accuses LG V K Saxena of smear campaign
Sonam Wangchuk called for presidential intervention regarding the situation in Ladakh and Arunachal Pradesh. He claimed that Ladakh has experienced significant repression since it became a Union Territory. Wangchuk accused the Lieutenant Governor of engaging in a smear campaign against him and other local leaders. He expressed concerns over various policies that favor corporatization and harm local communities.
Sonam Wangchuk appeals to President Murmu, alleges smear campaign by Ladakh administration
Sonam Wangchuk has expressed concerns to President Droupadi Murmu regarding administrative actions affecting critics in Ladakh. He alleges that a smear campaign is being orchestrated by the Lieutenant Governor's administration against him and others. The appeal follows the cancellation of the land lease for the Himalayan Institute of Alternatives, Ladakh, which he co-founded.
Delhi govt urges citizens to burst only green crackers, stick to specific timings: Check permitted time, restricted areas and other key details
Delhi pollution news: Delhi government has outlined restrictions on firecracker use for the upcoming Diwali festival. Green firecrackers will be allowed only on specific dates and times in November. The sale is limited to certified green firecrackers at authorized locations only. Violators of these regulations may face penalties and confiscation of illegal products. Supreme Court has mandated these conditions to reduce pollution and noise during the celebrations.
Matthew Wright passes away at 52: How did 'Ellen DeGeneres Show' producer die? Cause of death revealed
Matthew Wright, the esteemed producer behind the Ellen DeGeneres Show, passed away in Los Angeles on October 30, 2026. His demise was linked to cardiopulmonary arrest caused by hypertension and various health issues. In response, a GoFundMe page has been initiated to assist his family with funeral and memorial expenses. Ellen DeGeneres and Andy Lassner generously contributed to help cover these costs.
First South Asian woman in state's General Assembly takes the seat; India-born Saba Haider wins Illinois House seat
Saba Haider won a seat in the Illinois House of Representatives during the November 3 mid-term elections. She secured 70.9 per cent of the votes against her Republican opponent, Brian Scopa. Haider previously served on the DuPage County Board and focussed her campaign on affordable healthcare and education. Her victory is significant as she is the first South Asian woman in the state's General Assembly.
FDA flags persistent data-integrity lapses, insanitary conditions at Indian drug facilities
The US FDA continues to identify serious data integrity issues in Indian pharmaceutical manufacturing facilities. During inspections, inspectors found discarded documents related to key manufacturing processes, highlighting compliance concerns. To ensure safe medicines, drugmakers are urged to scrutinize their supply chains and monitor suppliers effectively. Additionally, human errors contributed significantly to production incidents, affecting operations and batch release timelines.
Smelling pages of a new book
Smelling a new book provides a sensory experience tied to memory and emotion. Chemical compounds in the book create a distinctive fresh smell. This scent enhances anticipation of the reading experience that has yet to unfold. E-readers, despite their technology, cannot replicate this sensory pleasure associated with printed books.
Is Dianna Russini making a comeback? Former NFL reporter sparks buzz with possible career comeback
Dianna Russini is set to make a triumphant return to sports journalism with the launch of a new digital show slated for next week. This exciting program promises exclusive interviews with NFL players and coaches, signaling her strong comeback. Backed by supportive colleagues in the sports media realm, Russini is eager to put past controversies behind her and re-establish her presence in sports reporting after her resignation from The Athletic.
As US midterms enter last lap, Indian "consultants" suddenly thrust into spotlight
Indian "consultants" are under scrutiny for allegedly engaging in election manipulation on a global scale. These activities reportedly range from creating false narratives on social media networks to shape voter perceptions. Reports say these firms have operated in multiple countries, including the US.
Crypto cards enter RBI's radar as Indians use offshore wallets for everyday payments
Offshore crypto cards that allow Indian residents to spend digital assets on domestic purchases and withdraw cash have come under the scrutiny of the RBI and Financial Intelligence Unit. Several users have reported card deactivations in recent days, while authorities are understood to be examining potential violations of payment regulations and FEMA.
Sebi bars EKI Energy, MD Dabkara, others from market; imposes penalty
The Securities and Exchange Board of India (Sebi) has taken serious action against EKI Energy Services Ltd and its Managing Director due to financial misreporting. The regulatory body discovered that the company recognized revenue too early and inflated expenses, distorting profit reports. In addition to the company's penalties totaling Rs 88 lakh, several executives were also fined for their complicity in these discrepancies.
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