Yesterday’s big news was related to NTPC. The board of National Thermal Power Corporation i.e. NTPC Limited has approved the proposal of the company to raise Rs 12,000 crore. On the other hand, FMCG firm Tata Consumer Products Limited (TCPL) has received a tax demand notice of Rs 171.83 crore (including interest) from the Income Tax Department for the assessment year 2019-20. Before tomorrow’s big news, today’s major events, which will be watched… Now read tomorrow’s big news… 1. Board approved NTPC to raise ₹ 12,000 crore: The company will raise this fund by issuing bonds and non-convertible debentures. The board of National Thermal Power Corporation i.e. NTPC Limited has approved the proposal of the company to raise Rs 12,000 crore. The company will raise this fund by issuing bonds and non-convertible debentures (NCDs). NTPC gave this information in the stock exchange filing. NTPC said, ‘We would like to inform that the board of the company in its meeting held on Saturday 29 June 2024 has given approval to raise funds subject to the approval of the shareholders. Click here to read the full news… 2. Tata Consumer gets tax notice of ₹171 crore: Income Tax Department demands, company’s market cap ₹1.05 lakh crore FMCG firm Tata Consumer Products Limited (TCPL) has received a tax demand notice of Rs 171.83 crore (including interest) from the Income Tax Department for the assessment year 2019-20. The company has given this information in the stock exchange filing. Tata Consumer said in the filing, “The tax demand of the Income Tax Department is not acceptable. The company is in the process of appeal and correction against the said order.’ Click here to read the full news… 3. Hybrid cars are selling 4 times more than EVs in the country: Last year, the sales growth of hybrids was 30%, they are twice as expensive as electric vehicles. Some major changes are being seen in the trends of India’s automobile sector. People in the country are trusting hybrid cars despite being twice as expensive as electric vehicles (EV). Between April-June, hybrid vehicles have surpassed EV sales. According to the data of Vahan Dashboard, 15,000 EVs were sold in the country between April and June 11 at the rate of 7500 per month, while hybrid sales stood at 59,814. Pure electric cars start at Rs 8 lakh. At the same time, the price of hybrid cars starts at 17 lakh. According to Morgan Stanley, in February, hybrid sales in the US also grew five times faster than EV sales. Click here to read the full news… 4. Royal Enfield Guerilla-450 will be launched in Barcelona on July 17: Expected price ₹ 2.40 lakh, bike has features like single-pod instrument console and one-piece seat Royal Enfield’s Guerilla-450 will be officially launched in Barcelona on July 17. The company’s Managing Director (MD) Siddharth Lal and Chief Executive Officer (CEO) Govindarajan Balakrishnan have announced this. Guerilla 450 has many components like Himalayan. It is designed for on-road use. This bike is expected to be more economical than its ADV counterpart. Click here to read the full news… Now read the news of your need… You can save ₹ 600 by recharging before July 3: Jio, Airtel and VI made their plans expensive, see new prices Jio, Airtel and Vodafone-Idea, all three companies have made their recharge plans expensive. Out of this, the new prices of Jio and Airtel recharge plans will be applicable from July 3 and Vodafone-Idea’s new rates will be applicable from July 4. In such a situation, if you recharge before these dates, you can save up to Rs 600. Actually, Jio and Airtel’s Rs 2999 plan will increase to Rs 3599. At the same time, Vodafone-Idea’s Rs 2899 plan will become Rs 3499. Before the price increase, if you do this recharge with a validity of 365 days i.e. 1 year, then you will save Rs 600. Click here to read the full news… Two IPOs will open next week: Opportunity to invest in Emcure Pharmaceuticals and Bansal Wire Industries, minimum investment ₹ 14,112 Next week, 2 Initial Public Offers i.e. IPOs will open for listing in the stock market. These include Emcure Pharmaceuticals Limited and Bansal Wire Industries Limited. The IPOs of both the companies will be open for retail investors from July 3 to July 5. On July 10, the shares of both the companies will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Let us know about the IPOs of these two companies one by one. Click here to read the full news… Also see who were the top-10 richest people in the world yesterday… Yesterday, the market was closed due to holiday on Saturday, so know the status of Friday’s stock market and gold-silver… Know the latest price of petrol-diesel and gas cylinder…
