पेट्रोल-डीजल के दाम में आज भी कोई बदलाव नहीं: अंबानी फैमिली की वेल्थ भारत की GDP का 10%, बजाज फाइनेंस पर टैक्स चोरी का आरोप

Yesterday’s big news was related to the Ambani family. The Ambani family tops the list of the most valuable family businesses in the country. The valuation of the Ambani family is ₹25.75 trillion, which is about 10% of India’s GDP. At the same time, the Director General of GST Intelligence (DGGI) has issued a notice to Bajaj Finance for alleged tax evasion of ₹341 crore.

Before tomorrow’s big news, today’s major events, which will be in focus…

Now read yesterday’s big news…

1. Ambani family’s wealth is 10% of India’s GDP: Family’s valuation is ₹25.75 trillion, Bajaj family is second with a value of ₹7.13 trillion

The Ambani family tops the list of most valuable family businesses in the country. According to the Barclays-Hurun India’s Most Valuable Family Business 2024 list, the Ambani family’s valuation is ₹25.75 trillion, which is about 10% of India’s GDP.

According to the Barclays-Hurun India report, the family business empire led by Reliance Industries operates in the energy, retail and telecom sectors. This ranking of Barclays-Hurun India is based on the company’s valuation as of March 20, 2024.

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2. Bajaj Finance accused of tax evasion of ₹ 341 crore: DGGI sent notice, will have to pay more than ₹ 850 crore with interest

The Director General of GST Intelligence (DGGI) has issued a notice to Bajaj Finance for alleged tax evasion of ₹341 crore. In the notice dated August 3, the GST evasion investigating agency has accused Bajaj Finance of wrongly showing service charges as interest charges. The company has done this to save tax.

Economics Times has given this information in one of its reports. However, no official information has been given by the company about this. According to the report, Bajaj Finance has refused to comment on this matter.

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3. Trent earns Rs 391 crore profit in first quarter: Tata Group’s retail chain company’s revenue rises 56%, stock up 12%

Tata Group’s retail chain company Trent Limited has made a profit of Rs 391 crore in the first quarter of the financial year 2024-25. It has increased by 135% as compared to the same quarter a year ago. In Q1FY24 (first quarter of financial year 2023-24), the company had a profit of Rs 167 crore.

Talking about the consolidated revenue from the company’s operations, it was Rs 4,104 crore in the April-June quarter. It has increased by 56% on an annual basis. In the same quarter a year ago, the company had generated a revenue of Rs 2,628 crore. The amount received from selling goods and services is called revenue.

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4. Berger Paints earns Rs 354 crore profit in Q1: Revenue rises 2% to Rs 3,091 crore, income rises 2.77%; stock falls 9% in a year

Berger Paints has reported a profit of Rs 353.56 crore in the first quarter of FY 2024-25. It has declined marginally by 0.23% as compared to the same quarter a year ago. The company had posted a profit of Rs 354.35 crore in Q1FY24 (first quarter of FY 2023-24).

Talking about the consolidated revenue from the company’s operations, it was Rs 3,091 crore in the April-June quarter. It has increased by 2.03% on an annual basis. In the same quarter a year ago, the company had generated a revenue of Rs 3,030 crore. The amount received from selling goods and services is called revenue.

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5. Ola Electric shares closed 20% higher at 91.20: Flat listing was done at Rs 76; Company manufactures electric vehicles, battery packs and motors

Ola Electric Mobility’s shares were listed flat on the stock exchange. The company’s shares were listed on the National Stock Exchange (NSE) at the issue price of ₹ 76.

At the same time, the stock was listed on the Bombay Stock Exchange (BSE) at ₹ 75.99, 0.01% below the issue price. However, after the day’s trading, Ola Electric’s stock closed at ₹ 91.20 with an upper circuit of 20%.

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6. Citroen Basalt SUV-Coupe launched at ₹ 7.99 lakh: Car has 6 airbags, ADAS like safety features, 19.5kmpl mileage, collides with Tata Curve

Citroen India has launched its first SUV-coupe style car Basalt in the Indian market. The company recently unveiled the car. The car is equipped with advanced safety features with 6 airbags. The car has been introduced in 6 variants.

The starting ex-showroom price of the SUV-coupe has been kept at Rs 7.99 lakh, which goes up to Rs 13.57 lakh in the top variant. This is an introductory price which is valid only till October 31. After this, the price of the car will be increased.

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