India News Get -BusinessCM Naidu announced his action against Adani only after solid evidence | Business file
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 finding concrete evidence of the allegations against Adani in America.
The second piece of news was about the returns received from gold investments in 2024. Last year, gold generated returns in excess of 20%. This is the highest yield ever recorded in the last decade. It is expected that this year i.e. 2025, gold can return more than 20%.
Here, Hyundai Motor India on Thursday (January 2) unveiled the electric version of its popular mid-size SUV Creta in India. The South Korean automaker will launch the electric SUV at the upcoming Bharat Mobility Global Expo 2025.
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1. A 20% return expected for gold this year too: Gold will continue to rise due to tensions in major countries and Trump’s aggressive stance.
Will the rise in gold continue this year as well? This question arises most quickly in the minds of ordinary people. In fact, last year saw the fastest rise in gold prices in the last decade. Gave over 20% feedback.
The reasons are gold purchases by central banks around the world, geopolitical tensions, monetary policy changes and consumer demand in major markets like India and China. This year, this trend will continue and more than 20% returns are expected.
2. Naidu said: No action will be taken against Adani Energy without evidence: There are allegations of corruption in America, the Tamil Nadu government had canceled the tender on December 27.
Andhra Pradesh Chief Minister N Chandrababu Naidu said on the allegations against Adani Power in America that any action can be taken against the company only after finding concrete evidence.
Addressing the media at the 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 steps regarding Allegations of corruption will be taken after a thorough investigation into the files. . This will only be done later.
3. Jio IPO may be worth ₹40,000 crore: This will be the biggest deal so far, and it may come in the second half of the year.
The IPO process of Jio, the telecom unit of Reliance Industries Limited (RIL), has been initiated. According to sources, this IPO can be priced between Rs 35,000 and Rs 40,000 crore. Reliance Group is targeting a launch in the second half of the year. It will be the largest IPO ever in the country. The company has started discussions with investors for a pre-IPO placement.
The biggest IPO in the country so far 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.
4. Standard Glass Lining IPO will begin on January 6: Investors can bid until January 8, minimum investment will be ₹14,980.
The initial public offering i.e. IPO of Standard Glass Lining Technology Private Limited will open on January 6. Investors will be able to bid until January 8. On January 13, the company’s shares will be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The company aims to raise ₹410.05 crore through this issue. For this, the company will issue 1.50 crore shares worth Rs 210 crore. While the existing investors of the company are selling 1.43 crore shares worth Rs 200.05 crore through an offer for sale i.e. OFS.
5. Hyundai Creta EV revealed, will have a range of 473 km: 0-100 km/h speed claimed in 7.9 seconds, safety features such as ADAS Level 2 will be available
Hyundai Motor India today (January 2) unveiled the electric version of its popular mid-size SUV Creta in India. The South Korean automaker will launch the electric SUV at the upcoming Bharat Mobility Global Expo 2025.
The Hyundai Creta EV will be offered with two battery options: 51.4 kWh and 42 kWh. Four variants will be available in the electric SUV. This includes Executive, Smart, Premium and Excellence variants.
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Plan to invest in 2025: Before investing, remember these 5 formulas including 50-20-30, this will help with good planning.
If you are planning to start your investment in the new year i.e. 2025, you should always keep two things in mind before jumping into investing. Return on time and investment. The longer you invest, the higher returns you will get.
You need to ensure that you will achieve your goals with minimal risk. You need to plan keeping in mind the amount you want to get in the future from your investments. Here we give you some good tips on the mathematics of investing, which will make things very clear and easy for you.
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