Newsletter | It’s Friday the 13th…so what? – CNBC TV18
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However, as the Hindi saying goes ‘der aaye, durust aaye’. We have some fascinating stories, some useful tips, and food for thought this weekend.
Global brokerage Jefferies has come out with its list of stocks for 2025. Before you plan your investment strategy for the new year, remember to clear your third instalment of advance tax by December 16 i.e. the coming Monday.
Also on Monday, Vedanta’s board will meet to consider a fourth interim dividend for the current financial year ending March 2025. The company has already paid ₹35 as a dividend so far this year and there’s more coming! Those who have held on to Vedanta shares have seen their money double this year, after nearly two years of underperformance between April 2022 and March 2024.
Speaking of turnarounds, shares of Mahindra and Mahindra have grown more than 4x since Anish Shah took over as CEO in April 2020. Shah inherited a company grappling with ₹5,332 crore in losses. How did he turn it around so much, so fast?
Meanwhile, Toyota Urban Cruiser EV unveiled with AWD, Trail Mode, and dual battery options, Ashok Leyland has become the latest in the league of auto companies to announce a price hike, and Xiaomi, known for its smartphones, is now giving even carmakers a run for their money.
Why the heck not, right? DLF’s KP Singh is also asking the same question.
It’s Friday, so here’s a bonus tip. Try a used one if you want to buy a fancy, imported car. You don’t have to pay customs duty on a second-hand car, even if it’s imported.
Here’s a list of essential reading for this weekend: