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Yesterday’s big news was related to gold-silver and Reliance-Disney merger. This week, there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on August 17, gold was at Rs 70,604, which has now reached Rs 71,424 per 10 grams (August 24). That is, its price has increased by Rs 820 this week.
At the same time, Disney-Reliance has announced to give some concessions in an attempt to get approval from the Competition Commission of India (CCI) for its media merger deal worth Rs 71,250 crore. However, these companies are not ready to sell cricket broadcasting rights, which are considered to be the most important part of this deal.
Before tomorrow’s big news, today’s major events, which will be in focus…
- The stock market will remain closed today due to Sunday holiday.
- There has been no change in the prices of petrol and diesel.
Now read yesterday’s big news…
1. Gold and silver prices rose this week: Gold rose by Rs 820 to Rs 71,424, silver became costlier by Rs 3,105
This week, there has been a rise in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), last Saturday, i.e. on August 17, gold was at Rs 70,604, which has now reached Rs 71,424 per 10 grams (August 24). That is, its price has increased by Rs 820 this week.
Talking about silver, it was at Rs 81,510 last Saturday, which has now reached Rs 84,615 per kg. This week its price has increased by Rs 3,105. This year silver reached its all-time high of Rs 94,280 per kg on 29 May. Gold made an all-time high of Rs 74,222 on 21 May.
Click here to read the full news…
2. Reliance-Disney ready to sell 10 channels for merger: But companies will not sell cricket rights; said- invested 80 thousand crores
Disney-Reliance have announced some concessions in an attempt to get approval from the Competition Commission of India (CCI) for their Rs 71,250 crore media merger deal. However, these companies are not ready to sell cricket broadcasting rights, which are considered to be the most important part of this deal.
CCI had expressed concern this week that the new company formed after the merger of the two companies could control most of the cricket rights for TV and streaming in India, which could harm advertisers. In response, the companies proposed not to increase advertising rates unreasonably.
Click here to read the full news…
3. Bazaar Style Retail filed draft papers with SEBI: IPO will open on August 30, Rekha Jhunjhunwala will sell her 27.23 lakh equity shares
Investor Rekha Rakesh Jhunjhunwala’s stakeholder company Bazaar Style Retail (Style Bazaar) has filed Red Herring Prospectus (RHP) i.e. draft paper with SEBI. The company can announce the price band of its IPO on August 27.
According to the prospectus, the initial public offering comprises a fresh issue of equity shares aggregating to Rs 148 crore and an offer for sale (OFS) of up to 1.7 crore equity shares by promoter group entities and other selling shareholders.
Click here to read the full news…
4. Two IPOs will open next week: Opportunity to invest in Premier Energies and ECOS Mobility & Hospitality, minimum investment ₹ 14,696
Next week, 2 Initial Public Offers (IPOs) will open for listing in the stock market. These include Premier Energies Limited and ECOS Mobility and Hospitality Limited. Let us know about the IPOs of these two companies one by one.
Click here to read the full news…
5. Nexon will be the country’s first CNG car with a turbo engine: Two gearbox options will also be available with twin cylinder technology, competing with Maruti Brezza
After launching the coupe style SUV Curve on September 2, Tata Motors is preparing to launch the CNG version of its most popular car Nexon. According to media reports, this will be the country’s first CNG car that will have the option of a turbo engine.
Apart from this, the SUV will get the option of two gearboxes with twin cylinder technology. Tata launched the facelift version of Nexon in September last year, after which the concept model of its CNG version was introduced at the India Mobility Show held in Delhi this year.
Click here to read the full news…
Now read the news you need
Is your Aadhaar card being misused? You can check it from home and also lodge a complaint if it is misused
Aadhaar card is an important document. Aadhaar number is required for everything from taking advantage of government schemes to child’s admission. Aadhaar card contains information ranging from your name, address and phone number to fingerprints. In such a situation, if Aadhaar falls into the wrong hands, you may have to face problems.
In such a situation, if you are worried that someone is misusing your Aadhaar, you can check it yourself from home. On the official website of Unique Identification Authority of India (UIDAI), you can check online from home as to when and where your Aadhaar number has been used.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed yesterday, so find out the status of Friday’s stock market and gold-silver…
Know the latest price of petrol, diesel and gas cylinder…
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