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- CM Naidu Said Action Against Adani Only After Solid Evidence| Business Brief
New Delhi9 minutes ago
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Yesterday’s big news was related to Andhra Pradesh Chief Minister N Chandrababu Naidu’s statement on Adani. Andhra CM said that any action can be taken only after concrete evidence is found on the allegations against Adani in America.
The second news was related to the returns received from investment in gold in the year 2024. Last year, gold has given returns of more than 20%. This is the highest return in any one year in the last decade. It is expected that in this year i.e. 2025, gold can give returns of more than 20%.
Here, Hyundai Motor India on Thursday (January 2) revealed the electric version of its popular mid-size SUV Creta in India. The South Korean carmaker will launch the electric SUV at the upcoming Bharat Mobility Global Expo 2025.
Before tomorrow’s big news, today’s major events to keep an eye on…
- Today we may see a decline in the stock market.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. 20% return expected from gold this year too: Gold will continue to rise due to tension in big countries and Trump’s aggressive stance.
Will the rise in gold continue this year also? This question is running fastest in the minds of common people. In fact, last year gold prices saw the fastest rise in any single year in the last decade. Gave more than 20% returns.
The reasons for this ranged from purchase of gold by central banks around the world, geopolitical tensions, changes in monetary policies and consumer demand in major markets like India and China. Now this year this trend will continue and more than 20% returns are expected.
Click here to read the full news…
2. Naidu said – No action will be taken against Adani Energy without evidence: There are allegations of corruption in America, Tamil Nadu government had canceled the tender on December 27.
Andhra Pradesh Chief Minister N Chandrababu Naidu has said on the allegations against Adani Power in America that any action can be taken against the company only after concrete evidence is found.
Speaking to the media at TDP headquarters in Mangalagiri on Wednesday, Naidu said, ‘Solar Energy Corporation of India’s agreement to purchase power from Adani Group is beneficial for the state government and any action on bribery allegations will be taken after a thorough investigation of the records. It will be done only later.
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3. Jio’s IPO can be worth ₹ 40 thousand crores: This will be the biggest issue till now, can come in the second half of the year.
The process of IPO of Jio, the telecom unit of Reliance Industries Limited (RIL), has been started. According to sources, this IPO can be between Rs 35 thousand to Rs 40 thousand crore. Reliance Group aims to launch in the second half of the year. This will be the biggest IPO ever in the country. The company has started discussions with investors for pre-IPO placement.
Till now, the country’s biggest IPO is that of Hyundai Motor India. The company had launched an IPO worth Rs 27,870 crore in October last year. Earlier, this achievement was in the name of Life Insurance Corporation of India (LIC), which had brought an IPO worth Rs 21,000 crore in 2022.
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4. Standard Glass Lining’s IPO will open on January 6: Investors will be able to bid till January 8, minimum investment will be ₹ 14,980.
The initial public offer i.e. IPO of Standard Glass Lining Technology Private Limited will open on January 6. Investors will be able to bid for it till January 8. On January 13, the company’s shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The company wants to raise ₹410.05 crore through this issue. For this the company will issue 1.50 crore shares worth Rs 210 crore. Whereas, the existing investors of the company are selling 1.43 crore shares worth Rs 200.05 crore through Offer for Sale i.e. OFS.
Click here to read the full news…
5. Hyundai Creta EV revealed, will come with a range of 473km: 0-100kmph speed claimed in 7.9 seconds, safety features like Level-2 ADAS will be available
Hyundai Motor India today (January 2) has revealed the electric version of its popular mid-size SUV Creta in India. The South Korean car maker will launch the electric SUV at the upcoming Bharat Mobility Global Expo 2025.
Hyundai Creta EV will be offered with two battery pack options – 51.4kWh, 42kWh. Four variants will be available in the electric SUV. This includes Executive, Smart, Premium and Excellence variants.
Click here to read the full news…
Now read the news you need…
Planning to invest in 2025: Before investing, remember these 5 formulas including 50-20-30, this will help in proper planning.
If you are planning to start your investment in the new year i.e. 2025, then you should always keep two things in mind before starting the investment journey. Returns on time and investment. The longer time you invest, the higher returns you will get.
You have to make sure that you will accomplish your goals with minimal risk. You have to plan keeping in mind the amount that you want to get in future through investment. Here we are telling you some great tips on the mathematics of investment, which will make things very clear and easy for you.
Click here to read the full news…
Also see who are the top 10 richest people in the world…
Know the condition of tomorrow’s share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
