THE #DLG+2 DISPATCH
(GLOBAL EDITION)
as on 02nd JANUARY, 2025 ~ THURSDAY
__________________
Hello Readers and Viewers,
Today is Thursday, 2nd January 2025 - welcome to the Global Edition of THE #DLG+2 DISPATCH / THE DATELINE GUJARAT DISPATCH.
Today's news-letter has arrey of news from Gujarat with key-events happening in the state, focus on governance, data, decisions, news follow-ups, extortionist approach of China for business cluster in Gujarat and Surpise(!) as washermen and laundries go on Strike!
As I turn the pages of the
newspapers in Gujarat, what I read as the front page headlines in most of the publications is, The decision
of Gujarat Government to upgrade 9 Civic Body Establishments to Municipal
Corporation and splitting Banaskantha into two districts Vav with Tharad as
its Headquarter. However, many in the power corridor and political circuit of Gujarat
see this decision politically motivated, considering the civic body polls
scheduled in Gujarat in year 2025. The decision was taken on the very first day
while the New Calendar Year 2025 kicked-off by the Gujarat Government and is
seen pivotal one.
Apart from the half or eight column splash of the Gujarat Government’s decision, what I read as headlines from events across the World and Nation on the Front page are the news of Shootout at New Orleans in US and Vehicle Explosion outside Trump Towers, Xi Jinping’s invasive statement on Taiwan, Switzerland bans Burkha (Veil).
On news from national front, Amidst Famers’ Protest – it seems a perfect optics building exercise is in place as Prime Minister of India Narendra Modi met Sikh Community Rockstar, Singer, Celebrity, Folk Artist and Filmstar Diljit Dosanjh, as well Government of India announces fertilizer Subsidy for farmers in India, Mumbai court acquits 8 Pakistani citizens for their proven involvement in narcotics trade,
While I see and read the developments
within the state, the headlines which mainly flashes of 200+ alcoholics
arrested by Ahmedabad Police, while Vadodara Police nabbed such alcoholics and
registered 115 cases vide drink & drive offence and detained 788 vehicles(!)
etc etc …
EVENTS
__________________
GIHED CREDAI’s Property Show
- Gujarat Institute of Housing and Estate Developers (GIHED), part of
Confederation of Real Estate Developers’ Association of India (CREDAI) will be
organizing a three days event – property show at Ganesh Ground on SG Highway in
Thaltej area of Ahmedabad beginning from 3rd January 2025, Friday
and ending on Sunday, 5th January, 2025. This is the 19th
version of GIHED Property show, where 50 developers will exhibit and
participate in an event displaying 250 plus properties shaping across the state
of Gujarat, which includes residential, commercial, industrial properties.
National Photography Festival
Edition – II : Navjeevan Trust will be organizing National
Photography Festival Edition – II, a four days event beginning from 2nd January
2025, Thursday and ending on Sunday, 5th January 2025. Event will
showcase exhibitions; engage into dialogues & talks, film screenings,
portfolio reviews, panel discussions, workshops and artist talks, with several
national and international level of participants to engage into social and
cultural exchange, engagement and activities.
NEWS SHOTS
__________________
Meanwhile in other set of news,
Who advised BZ Group owner to
invest into Crypto? - read of how the Chartered Accountant and
Social Media Influencer of BZ Group are under investigation radar, where the
owner of BZ Group Bhupendrasinh Zala, after being arrested by the State’s Criminal
Investigation Department (CID) for allegedly operating a Ponzi Scheme to lure
the investors has revealed the names of the investors in BZ Group, which
includes several celebrities, cricketers etc. Media reports also read of Zala’s
Chartered Accountant having advised him
to invest into Crypto Currency.
What happened in AM/NS
Accident? - Follow-up news on AM/NS (Arcelor Mittal / Nippon Steel)
Hazira Site in Surat District of Gujarat State, is that the company authorities
have been ordered to further shut-down the plant, on failing to adhere to the safety
standards and State Government authorities and officials have ordered a
detailed investigations into the matter and concerned officials have been asked
to file a detailed report in 48 hours. DNA (Deoxyribonucleic Acid) samples of
the deceased have also been collected from the site after 17 hours of the
accident, family members of the deceased are heavily disappointed.
Contrabands Smuggled in
Gujarat - On the very first day of new calendar year 2025 airport
authorities seized Gold valued at 2.6 million (~25.51 lakh) rupees which was
smuggled hidden in Pen, watch and charger by a passenger flying through Indigo
flight from Abu Dabhi. Whereas in another similar development, on being suspicious
about a particular snacks parcel Shipped from Thailand for Morbi (in Gujarat), the
officials at Foreign Post Office in Shahibaug Area of Ahmedabad, scanned the
parcel in a very detailed manner and unearthed Cannabis (Ganja) packed in
plastic polythene packs packaged in snack packets.
Metered Autos in Ahmedabad
: All the auto-rickshaws running on the roads of Ahmedabad will have not to run
with digital meters installed with effect from 1st January 2025,
Wednesday, was the notification issued by Ahmedabad Police and drive to detect
such unmetered auto-rickshaws has already started in Ahmedabad by Ahmedabad
Traffic Police.
Gujarat Government to change
rules for employment - Gujarat Government is changing the rules for
employment after 17 years, for recruitment of clerks across 5,100 schools in
the State, where initially HSC pass was a qualification to qualify for the
position which has now been upgraded to Graduate as minimum qualification to
apply for position of Clerk in schools of Gujarat. Since year 2007, recruitment
of clerks across 5,100 schools was not undertaken and the schools were
functioning without the administrative support where at least 1 clerk per 300
students is a must and mandatory as per the government rules and education
department guidelines.
Washer man (Dhobi)-Laundry Association on Strike – Washer man (Dhobi) and Laundry Association in Surat in Gujarat surprised the residents, with the five (5) days strike announced on the beginning of the New Year, which was definitely not good news for Surati-lalas. Dump of clothes have been observed at several homes in Surat with the five (5) days strike, where shutters of Laundries across the city were shutdown with effect from December 30th 2024, Monday. Association sources cited of decision to go on strike to oppose inflation, as the workers in the laundry are demanding higher wages to fight inflation; even the laundry owners are grappling with financial crisis to operate business on daily basis, due to hiked electricity cost and high power bills!
Ahmedabad went out of Grapes
of Luck – Media report reads of Ahmedabad having run out of Grapes
of Luck, a trend which is picking up as part of celebration on occasion of new
year eve to attract luck, where it is followed according to Spanish Tradition
of eating 12 grapes under the Table on New Year Eve, to bring luck and
prosperity in the new year. This phenomenon has caught and as Ahmedabad Mirror
reported the City by 11pm on Tuesday was out of the Grapes stock! According to
the report Fruit Vendors had cashed in on the trend and had almost sold their
entire grapevine stock by 11pm on Tuesday, as the grapes were reported out of
stock online and offline, from fruit vendor carts, shops, delivery apps etc.
GST Collections see upsurge in
Gujarat - Goods and Services Tax (GST) collection in the state of
Gujarat has reported 19(%) percent upsurge in the third quarter as ended on 31st
December 2024 for fiscal 2023-24. Data indicates of State having collected 184.5
billion (~18,448 crore) rupees towards GST which is 19(%) percent higher as
compared to year-on-year data in the same quarter during last fiscal pegged at
155.2 billion (~15,520 crore) rupees. Apart from GST the Gujarat Government
collected 82 billion (~8,197 crore) rupees towards Value Added Tax (VAT), 29.12
billion (~2,912 crore) rupees towards electricity duty and 640 million (~64
crore) rupees towards professional taxes during the same period, which pegs
State’s Tax revenue at 296.2 billion (~29,617 crore) rupees.
Online Complaint Process to be
implemented soon in Gujarat – The Home Ministry in the State of
Gujarat has made all the provisions to file or register all types of complaints
online, till date only vehicle and mobile theft complaints were filed online,
but with the new system in place, it will be possible to file all types of
complaints online. The person who files online complaint will have to go to the
police station after 3 days of filing of his complaint to sign the papers and
attest is by self. The system is such where the complaint shall in the radar of
The Chief Minister, The Home Minister and the Director General of Police in
Gujarat State. This system has been initiated vide the Section 173 of the new
law code addressed as Bharatiya Nyay Sanhita (BNS).
On Navjeevan News as well the same news video capsule of Amreli has already garnered 50,000+ views, where Crime and Investigative Journalist Prashant Dayal curated digital platform is questioning the parading of the girl in public, the same news-video is anchored and narrated by Navjeevan News fellow-journlist Tushar Bashiya.
Asian Shares largely rallied on the cues from global markets, but were mostly lower on Weak China Data and outlook of US-China relationship, with Trump docking as US President and threatening sanctions. However, Indian Indices scaled-up in such situation with NIFTY and SENSEX opening in Green Zone and scaling in Green Zone as the day progressed, largely on set of auto-data and surge in financials of key marker companies on Indian Indices, #TaMo (Tata Motors), #MaSu (Maruti Suzuki), #RePo (Reliance Power), #SouIndBnk (South Indian Bank), #MazDo (Mazagon Dock) and NMDC were few stocks in news and focus, as the trading kicked-off on the floors of Indian Bourses!
DATELINE GUJARAT / #DLG+2 from today initiates live Market Plugin in form of #Newswires aggregated from several sources, to keep the reader interest live and intact ... which shall be a part of the #Newsletter shot at the end of the day and will converge into same in form of a kind of Market Summary and Market Update, as the day ends!
Meanwhile, if you wish you can read the 1st JANUARY 2025, WEDNESDAY Edition of THE #DLG+2 DISPATCH, click here ...
Please note, there shall be not editions on Friday, Saturday and Sunday.
Have a Great Weekend, #TGIT! 😀
Yours Truly,
__________________
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- Stock market update: FMCG stocks up as market rises
- Stock market update: Nifty Realty index 1.11%
- Stock market update: Mining stocks up as market rises
- Share market update: Most active stocks in today's market in terms of volume
- Stock market update: Power stocks up as market rises
- Stock market update: Fertilisers stocks up as market rises
- Share market update: Most active stocks of the day in terms of traded value
- Stock market update: Nifty Bank index 0.39%
- Stock market update: Nifty Pharma index 0.2%
- Stock market update: Nifty IT index 0.08%
- Stock market update: Nifty Auto index 1.34%
- Stock market update: Sugar stocks up as market rises
- Factory activity levels hit a 12-month low in December
- Sensex rises! These stocks are up over 10% on BSE
- Sensex rises! But these stocks are down 5% or more on BSE
- Sensex rises! These stocks are up over 15% on BSE
- Sensex rises! But these stocks fell 5% or more in Wednesday's session
- Sensex rises! These stocks gained over 10% on BSE
- Sensex rises! These stocks rallied over 15% on BSE in today's trade
- Dense fog at KIA affects eight flight departures in Bengaluru
- Signatureglobal Eyes Rs 10,000-Crore Sales In FY25 As Gurugram's Real Estate Booms
- Parmeshwar Metal IPO subscribed 24% on Day 1 so far. Check GMP, price band and other details
- Indo Farm Equipment IPO Day 3: Check GMP, price band, subscription, key dates and other details
- Stock Of The Day: Kotak Mahindra Likely To Recoup 2024 Losses With Citi's 'Buy' Bet With 15% Upside
- Sensex Today | Stock Market LIVE Updates: Sensex jumps 700 pts, Nifty above 23,950; Bajaj twins, Maruti among top gainers
- Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares mixed
- India Manufacturing PMI Growth In December Eases To Slowest In 2024
- L&T Set For 25% Upside, Says Jefferies, On Healthy Order Pipeline
- Sensex, Nifty climb in early trade on buying in IT, bank stocks
- Stock markets rebound in first session of 2025 on buying in blue-chips
- Ashok Leyland shares jump 3% as December sales grow 5% YoY
- IT sector faces headwinds amid economic uncertainty and AI threats: Digant Haria
- HDFC Bank, Samvardhana Motherson International among 5 stocks with short covering
- Bajaj Finserv, IRFC among 5 stocks with long buildup
- These 5 F&O stocks saw a high increase in futures open interest
- Maruti Suzuki, LIC Housing Finance among 5 stocks with short covering
- IRFC, Jio Financial Services among 5 stocks with long buildup
- Gujarat Toolroom shares hit 5% upper circuit on plans to consider 5:1 bonus share issue
- Rupee falls 11 paise to 85.75 against US dollar in early trade
- Rupee ends flat at 85.64 against U.S. dollar
- Tata Motors Shares Rise Marginally After Flat Business Update
- Tata Motors Share Price Live Updates: Tata Motors closes previous session at Rs 749.25
- Maruti Suzuki India sales up 30% in December at 1,78,248 units
- Kotak Mahindra Bank shares rally over 2% on upgrades from both Jefferies and Citi
- Buy HDFC Bank, target price Rs 2,200: Axis Securities
- Buy KEI Industries, target price Rs 5,150: Motilal Oswal Financial Services
- Buy JSW Energy, target price Rs 744: Hem Securities
- Buy Aditya Birla Sun Life AMC, target price Rs 1,045: Axis Securities
- Buy Metro Brands, target price Rs 1,460: Motilal Oswal Financial Services
- Rupee falls 11 paise to 85.75 in early trade
- Rupee ends flat at 85.64 against U.S. dollar
- Watch: Will 2025 be the year of the Bitcoin?
- Stock market update: Stocks that hit 52-week highs on NSE
- Stock market update: Stocks that hit 52-week lows on NSE
- Stock market update: Stocks that hit 52-week highs on NSE in today's trade
- Stock market update: Stocks that hit 52-week lows on NSE in today's trade
- Gold Price Today: Yellow metal prices surge by Rs 500/10 gm this week so far, silver up by Rs 800/kg
- Street Favourites! 10 largecaps that analysts expect to soar by 67%
- Stocks to buy today for 2025: Citi upgrades Kotak Mahindra Bank to buy; Investec sees 26% upside in NTPC
- Will the stock market crash in 2025? Watch out for these 6 risk factors
- Stocks To Buy Today: M&M, Tata Motors, Jubilant FoodWorks And More
- Stock Recommendations Today: Industrials, IT, Infrastructure On Brokerages' Radar
- Stocks To Watch Today: NMDC, Tata Motors, NTPC, Mazagon Dock, Maruti Suzuki
- Financial, IT stocks lift Sensex over 350 points higher, Nifty tops 23,850
- Rupee Continues Slide Against US Dollar To Open 6 Paise Weaker
- Rupee Closes Weaker Against Dollar On New Year's Day
- 10 stocks showing RSI Trending Up on January 1
- Breakout Stocks: How to trade Jubilant FoodWorks, Muthoot Finance & Laurus Labs on Thursday?
- Stocks to buy today: M&M, Voltas among top 6 trading ideas for 2 January 2025
- Reliance Power shares in focus after arm Sasan Power repays $150 million debt to IIFCL
- CSB Bank shares climb 7% after strong Q3 performance: Deposits up 22%, advances climb 26%
- Supreme Power Equipment shares rally 2% on securing Rs 3.6 crore order
- Maruti Suzuki shares in focus as December total production volumes jump 30% YoY
- Investing in 2025: ICICIDirect's Pankaj Pandey betting on 4 big themes this year
- Ambuja Cements-Adani Merger: BSE, NSE Issue 'No Objection'
- Bullish Momentum: 4 stocks with White Marubozu Pattern on January 1
- 3 stocks closed crossing above VWAP on January 1
- Adani Ent Share Price Live Updates: Adani Enterprises closes at Rs 2554.85
- Tata Motors Share Price Live Updates: Tata Motors closes previous session at Rs 749.25
- Eicher Motors Share Price Live Updates: Eicher Motors' six-month beta
- ITC Share Price Live Updates: ITC's Daily Performance
- Dr Reddys Share Price Live Updates: Dr. Reddy's Laboratories recorded a closing price of Rs 1369.00 yesterday.
- TCS Share Price Live Updates: TCS's closing price and beta
- Nestle India Share Price Live Updates: Nestle India finishes at Rs 2169.25 yesterday
- RIL Share Price Live Updates: RIL's Stock Update
- JSW Steel Share Price Live Updates: JSW Steel's stock update
- UltraTech Cem Share Price Live Updates: UltraTech Cement trading session closes at Rs 11447.0
- Kotak Bank Share Price Live Updates: Kotak Bank's Market Update
- ONGC Share Price Live Updates: ONGC's trading session summary
- ICICI Bank Share Price Live Updates: ICICI Bank's Recent Trading Data
- Jio Financial Services Share Price Live Updates: Market Update: Jio Financial Services Performance
- Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ's latest closing figures
- Maruti Suzuki Share Price Live Updates: Maruti Suzuki shares in focus as December total production volumes jump 30% YoY
- Tata Consumer Share Price Live Updates: Tata Consumer's stock performance yesterday
- Infosys Share Price Live Updates: Infosys closed at Rs 1882.50 yesterday, with a six-month beta of 0.3803.
- BPCL Share Price Live Updates: BPCL's previous day closing price
- Titan Company Share Price Live Updates: Titan Company records a closing price of Rs 3253.85
- HCL Tech Share Price Live Updates: HCL Tech's closing price report
- SBI Share Price Live Updates: SBI's Market Update
- Tata Steel Share Price Live Updates: Tata Steel's Closing Price Analysis
- Cipla Share Price Live Updates: Cipla's Stock Price Movement
- Hindalco Share Price Live Updates: Hindalco's Trading Day Summary
- NTPC Share Price Live Updates: NTPC's previous closing price was Rs 333.65
- M&M Share Price Live Updates: M&M's previous close was Rs 3082.00
- Pashupati Advani on 3 themes that should shine in 2025
- NMDC shares in focus after iron ore production rises 5.1% in December
- At multi-year highs: These 3 stocks witness 5-year swing high breakout
- 2 events to decide market trends in 2025; 2 pharma stocks to buy: Dipan Mehta
- Positive Breakout: These 9 stocks cross above their 200 DMAs
- KPI Green Energy shares 1:2 bonus issue record date tomorrow. Last chance to buy
- KPI Green Energy among 4 stocks to trade ex-bonus tomorrow
- Anya Polytech & Fertilizers shares to list today. GMP hints at solid returns
- Structural growth will drive consumption for next 20 years: Nilesh Shah
- South Indian Bank shares in focus as lender's Q3 gross advances jump 12% YoY
- RailTel Corporation shares in focus on new order win from Bharat Coking Coal
- Capital Is No Longer A Constraint, Says Gautam Adani, As Focus Shifts To Effective Deployment
- Tata Motors shares in focus on December sales numbers
- Gold Price Today Marginally Higher Along With Global Rates
- Garware Technical Fibres shares to trade ex-bonus tomorrow. Do you own?
- Rupee Fall Can Hinder Rate Cuts, Warns Emkay's Manish Sonthalia
- Dollar starts 2025 higher; yen rooted at five-month lows
- Stock Market Live: GIFT Nifty Trades Near 23,800; NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki In Focus
- Oil rises as investors return from holidays, eye China recovery
- Gold kicks off 2025 on positive note, Fed and Trump policy in focus
- Are H-1B Visa holders snatching American jobs?
- Asian shares kicks off New Year after ominous end to 2024
- FPIs bow to IPO allure, but walk out of secondary markets
- Stocks in news: Tata Motors, Railtel Corporation, Reliance Power, South Indian Bank, Supreme Power Equipment, Atmastco
- Indo Farm Equipment IPO Live Updates: GMP up by 42%; Check Price Band, Subscription Status on Day 3, Key Dates, Expected Listing Price
- Capital levels at Banks, NBFCs healthy even under duress
- Stock Market Today: All You Need To Know Going Into Trade On Jan. 2
- Investors queue up for more quick commerce startups with special focus
- Pre-market action: Here's the trade setup for today's session
- Bank lending slows across sectors, rises for industries
- A 10% decline and yet India’s more expensive than EM peers
- Rupee touches another low, ends at 85.645/$
- Rupee ends at record closing low for seventh straight session
- Gold still has the glow, experts say buy on corrections
- Volatile Times: Don't let profits fool you, track margins, too
- Viacom18 Media becomes direct subsidiary of Reliance Industries
- Banks' loan growth drops for fifth month in November as tighter lending rules weigh
- Fire cover premiums to surge as rising claims pour cold water on discounts
- Banks unlikely to face shocks, but tech can't fix all the cost worries
- Gautam Adani Meets World Chess Champion D Gukesh, Lauds His Historic Success
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