Market News Today

The Income Tax Appellate Tribunal quashed a Rs 1.46 crore tax demand against a former office boy after finding procedural failures in serving the reassessment notice linked to a disputed PAN.

Actor Sonu Sood leased his Mumbai commercial property to Bokka Coffee for five years, securing a total rental income of Rs 3.52 crore with annual rent escalations starting at Rs 5 lakh per month.

Anna University revives a 1970s Tamil Nadu experiment on 100% ethanol vehicles to study mileage, engine compatibility, and feedstock sustainability as India pursues aggressive fuel-blending targets.

The civic body plans to launch a water tanker booking app within two months, costing Rs 35 lakh over three years, to regulate private services and curb overcharging amidst water cuts.

Oil India Limited discovered natural gas in the Krishna-Godavari Basin's Matsyapuri formation. Production testing yielded a flow rate of up to 2 Lakh SCUMD of natural gas along with condensate.

Cuttack has established temporary polythene-lined ponds, restricted access, and deployed over 1,300 CCTV cameras and hydra machines to ensure a safe, pollution-free Durga idol immersion for over 150 puja committees.

To reduce water pollution, four artificial ponds were set up for about 50 community Durga idol immersions, alongside noise restrictions and security measures during the festival.

NATRAX is investing Rs 250 crore in advanced EV testing infrastructure under the PM E-DRIVE scheme, reducing India's dependence on overseas labs and boosting domestic manufacturing.

Farmers and residents in Tirupur planted saplings in potholes on October 21 to demand repairs for two damaged roads connecting villages to NH381, prompting funding proposals totaling Rs 2.46 crore.

Bihar completed life verification for 1.03 crore social security pensioners, leaving 13.57 lakh pending ahead of the November 30 deadline to prevent payment suspension.