Adani Green Energy Subsidiary Commences 250 MW Solar Project in Kadapa, Andhra Pradesh

Adani Green Energy Limited (AGEL) has commissioned a new solar power plant in Andhra Pradesh, reinforcing its commitment to renewable energy.

Project Commissioning Announcement

Adani Green Energy Limited (AGEL) has announced that its wholly owned subsidiary, Adani Solar Energy Ap Eight Private Limited, has successfully launched a 250 MW solar power plant in Kadapa, Andhra Pradesh.  

Increase in Renewable Energy Capacity

With this new project becoming operational, AGEL’s total renewable energy production capacity has now reached 12,591.1 MW, strengthening its position in the green energy sector.  

Approval and Implementation

The decision to officially commission the plant was made on March 11, 2025, after obtaining the necessary regulatory clearances. However, the plant has been operational since March 8, 2025.  

About Adani Green Energy Limited 

Adani Green Energy Limited is a leading renewable energy company in India that specialises in large-scale solar and wind power projects. A key part of the Adani Group, AGEL is committed to driving sustainable energy growth. The company has a market capitalisation of ₹1.32 trillion, an average trading volume of 5.44 million and a P/E ratio of 105.28. Despite its rapid expansion, AGEL currently offers no dividend yield, reinforcing its focus on long-term growth in the clean energy sector.

Share performance 

As of March 12, 2025, at 10:50 AM, the shares of Adani Green Energy Ltd are trading at ₹827.50 per share, reflecting a surge of 0.40% from the previous day’s closing price. Over the past month, the stock has registered a loss of 9.75%. The stock’s 52-week high stands at ₹2,174.10 per share, while its low is ₹758 per share.

Conclusion

With this new solar project, Adani Green Energy Limited continues its mission of expanding renewable energy production. This milestone further solidifies the company’s position as a leading player in the green energy sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

TCS to Acquire Darshita Southern India Happy Homes for ₹2,250 Crore

Tata Consultancy Services is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries. 

Acquisition Details

Tata Consultancy Services (TCS), India’s leading IT services firm, has announced its decision to acquire a 26-acre property in Chennai’s Raheja Industrial Township from Darshita Southern India Happy Homes for ₹2,250 crore. This strategic acquisition aims to bolster TCS’s delivery centre capabilities in the region.

The property, located in the bustling Raheja Industrial Township, will be developed into a state-of-the-art delivery centre, reinforcing TCS’s commitment to expanding its operational footprint in Chennai. The acquisition is expected to be completed within three months, subject to customary closing conditions.

“The company was incorporated in September 2004 and it is engaged in development of a commercial property which would be let on lease to prospective industrial consumers. Since the property is still under development, revenue generation is yet to commence, hence the last 3 years turnover is Nil,” said in a stock exchange filing.

About Happy Homes

Darshita Southern India Happy Homes, established in September 2004, specialises in commercial real estate development. As the property remains under construction, the company has not recorded any revenue over the past three years. The acquisition will be conducted as a cash transaction, with TCS retaining a call option to finalise the deal after two years.

TCS Q3 FY25 Results

In Q3 FY25, TCS reported a revenue of ₹63,973 crore, reflecting a 0.4% decline from the previous quarter. Despite the slight dip, TCS continues to strengthen its market presence, with strategic expansions such as the ₹2,250 crore acquisition of Darshita Southern India Happy Homes to enhance its delivery centre capabilities in Chennai.

Share Price Performance 

At 10:50 AM on March 12, 2025, Tata Consultancy Services Ltd. shares traded 2.15% down at ₹3,500.05 per share on the NSE.

Conclusion

This strategic acquisition reinforces TCS’s commitment to expanding its delivery centre infrastructure in Chennai, further strengthening its operational capabilities and market leadership in India’s IT sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Godrej Agrovet to Acquire 48.06% Stake in Creamline Dairy Products

Godrej Agrovet was established in 1991 as a division of the Godrej Group, but its agribusiness beginnings date back to 1971, when it ventured into the animal feed sector. It gradually branched out into poultry, dairy, oil palm plantations, and crop protection.

Stake Acquisition Details

On March 11, 2025, Mumbai-based agribusiness giant Godrej Agrovet announced its decision to acquire the remaining 48.06% stake in Hyderabad-based Creamline Dairy Products for ₹930 crore, thereby transforming ‘Godrej Jersey’ into a wholly owned subsidiary, to consolidate its presence in the dairy sector

Creamline Dairy Products, which procures, processes, and manufactures and sells dairy products under the ‘Godrej Jersey’ brand, will become a fully integrated subsidiary through a cash transaction, as per an exchange filing.

Godrej Agrovet currently holds a 51.94% stake in Creamline. As part of the deal, the company will enter into a share purchase agreement to acquire a 47.38% equity stake from the company’s original promoters. The takeover is expected to conclude by September 30th, resulting in the company possessing all 1.13 crore shares of the dairy business.

Godrej Agrovet Q3 FY25 Results

In Q3 FY25, Godrej Agrovet Limited posted a 4.5% YoY revenue growth to ₹2,449.6 crore, with EBITDA surging 38% to ₹220 crore. The Vegetable Oil segment led the growth with a 45% YoY revenue jump, driven by higher crude palm oil prices and improved oil extraction ratios.

The Animal Feed segment saw its margins expand from 4% to 6%, benefiting from strategic commodity positioning. Meanwhile, Astec LifeSciences significantly reduced EBITDA losses from ₹17 crore to ₹4 crore, aided by higher CDMO volumes.

Share Price Performance 

At 9:20 AM on March 12, 2025, Godrej Agrovet Ltd shares traded 1.04% up at ₹743.75 per share on the NSE.

Conclusion

This strategic acquisition reinforces Godrej Agrovet’s commitment to strengthening its foothold in the dairy industry, enhancing operational synergies, and driving long-term growth. With full ownership of Creamline Dairy Products, the company is well-positioned to expand its market presence and deliver greater value to consumers.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

US and Canada No Longer the Top Choice? Indian Students Turn to Russia & France

A significant shift is emerging in the study-abroad preferences of Indian students. The latest data reveals a 13% decline in applications to the United States, a trend that has sparked concern among American universities and policymakers. Meanwhile, Russia, Germany, and France have recorded a substantial increase in Indian student enrolments.

US Sees Decline Amid Policy Uncertainty and Rising Costs

Christopher Clary, an associate professor at the University at Albany, highlighted the 13% decline in Indian student enrollment in the US between 2023 and 2024. He attributed this trend to multiple factors, including:

  • Depreciating Rupee: The Indian rupee weakened against the US dollar, increasing tuition and living expenses. In March 2023, ₹81.71 to ₹82.72 was equivalent to one US dollar. By March 2025, the exchange rate had risen to ₹87.34 per dollar, making studying in the US significantly costlier.
  • Policy Uncertainty: The possibility of Donald Trump’s return to office has led to concerns over potential visa restrictions, affecting student choices.

Overall Drop in Indian Students Going Abroad

Indian government data suggests that the total number of Indian students studying abroad fell by nearly 15% in 2024 compared to 2023. The biggest decline was recorded in Canada, which saw a staggering 41% drop in Indian student enrolments.

Key Data Points:

  • 2022: 7,50,365 Indian students studied abroad.
  • 2023: The number rose to 8,92,989, reflecting a post-pandemic increase.
  • 2024: The count fell to 7,59,064, marking a 15% decline.

Canada Witnesses the Sharpest Drop

Canada experienced the most significant fall, with Indian student numbers plunging by 41%, from 2,33,532 in 2023 to 1,37,608 in 2024.

This sharp decline follows:

  • Stricter visa regulations leading to increased rejection rates.
  • Diplomatic tensions between India and Canada, which escalated following the diplomatic fallout over the Hardeep Singh Nijjar case.
  • Tighter scrutiny of applications and potential study permit cancellations.

Other Key Destinations See a Decline

Apart from the US and Canada, major destinations such as the UK, Australia, and China also witnessed a fall in Indian student numbers.

Country 2022 2023 2024 Change (%)
United States   234473 204058 -12.9%
Canada   233532 137608 -41%
United Kingdom   136921 98890 -27.7%
Australia   78093 68572 -12%
China 7279 7279 4978 -31.6%
Russia 19784 23503 31444 +33.7%
France 6406 7484 8536 +14%
Germany 20684 23296 34702 +49%
New Zealand 1605 4298 7297 +69.7%

UK: The drop in Indian students is linked to stricter visa rules and changes in post-study work policies.

Australia: Higher visa fees, stricter entry requirements, and housing affordability concerns have contributed to the decline.

China: A reduction in Indian students was recorded, potentially due to post-pandemic geopolitical considerations.

Russia, Germany, and France See a Surge in Indian Students

Despite the overall decline, some destinations have recorded a significant rise in Indian student enrolments.

  • Russia: Offers affordable tuition fees and medical education opportunities, making it a preferred choice for Indian students.
  • Germany: Attracted 49% more Indian students, possibly due to its tuition-free public universities and high demand for STEM graduates.
  • France: Saw steady growth in Indian enrolments, driven by its scholarships and post-study work opportunities.
  • New Zealand: Witnessed a 69.7% increase, likely due to improved visa policies and employment prospects.

What Lies Ahead?

The shifting preferences of Indian students highlight the importance of cost considerations, visa policies, and diplomatic relations in their decision-making. While the US and UK have long been top choices, emerging destinations like Russia and Germany are becoming increasingly attractive due to affordability and favourable study conditions.

As nations compete for international students, it remains to be seen how these trends evolve in the coming years and whether traditional study destinations will adapt to regain their appeal among Indian students.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Ayushman Bharat Fraud Crackdown: Govt Rejects ₹643 Crore Worth of Bogus Claims

The Indian government has taken stringent action against fraudulent health insurance claims under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). As per Union Minister of State for Health, Prataprao Jadhav, authorities have rejected 3.56 lakh fraudulent claims worth ₹643 crore and de-empanelled 1,114 hospitals involved in irregularities. Additionally, 1,504 hospitals have been fined ₹122 crore, and 549 hospitals have been suspended for violating the scheme’s guidelines.

Ayushman Bharat: India’s Flagship Health Insurance Scheme

Launched as a healthcare safety net for economically disadvantaged families, Ayushman Bharat provides annual health coverage of ₹5 lakh per family for secondary and tertiary care hospitalisation. In October 2024, the scheme was expanded to include all senior citizens aged 70 and above, benefiting nearly 6 crore individuals from 4.5 crore families.

To ensure transparency and prevent misuse, the scheme follows a zero-tolerance policy towards fraud and irregularities, with multiple layers of monitoring and enforcement.

A Multi-Layered Anti-Fraud Mechanism

To safeguard the scheme from exploitation, the National Anti-Fraud Unit (NAFU) has been set up with a dedicated focus on fraud prevention, detection, and deterrence. This unit monitors transactions and claims to identify potential fraudulent activities.

Key Fraud Triggers in the System

To maintain integrity, the Transaction Management System (TMS) has been designed with built-in fraud detection mechanisms. Some of the common fraudulent practices flagged include:

  • Upcoding of health benefit packages – Inflating costs by charging for a more expensive treatment than what was provided.
  • OPD to IPD conversion – Falsely admitting patients for inpatient treatment when only outpatient services were required.
  • Ghost billing – Raising claims for treatments never rendered.
  • Duplicate images and documents – Using the same patient records for multiple claims.
  • Forgery and impersonation – Submitting claims using falsified documents or counterfeit beneficiary details.

When such anomalies are detected, automatic flags are raised, leading to investigations and potential penalties.

Aadhaar-Based Verification to Prevent Duplication

To curb fraudulent claims, Aadhaar e-KYC authentication is mandatory for beneficiaries at the time of enrolment and again at the time of availing healthcare services. This prevents duplicate registrations and ensures that only genuine beneficiaries receive treatment under the scheme.

AI-Powered Surveillance and Random Audits

The government has integrated artificial intelligence (AI) and near real-time monitoring to track hospital claims. Additionally, random audits and surprise inspections are conducted to assess the authenticity of medical claims submitted by hospitals.

Grievance Redressal Mechanism for Beneficiaries

To empower beneficiaries and ensure accountability, a three-tier grievance redressal system has been established at the district, state, and national levels. Dedicated nodal officers and committees oversee complaint resolutions. Beneficiaries can raise grievances through:

  • Centralised Grievance Redressal Management System (CGRMS)
  • State and central call centres
  • Emails and official letters

This system ensures that any unfair denial of claims or wrongful blacklisting of hospitals is appropriately addressed.

Conclusion

The Indian government’s strict enforcement measures and advanced fraud detection mechanisms aim to protect the Ayushman Bharat scheme from financial misuse. By leveraging technology, audits, and grievance redressal, authorities continue to uphold transparency and ensure that genuine beneficiaries receive the healthcare support they are entitled to.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Reliance Industries to Onboard Former RBI Deputy Governor MK Jain as Advisor

MK Jain, the former Deputy Governor of the Reserve Bank of India (RBI), is set to join Reliance Industries as an advisor, according to a recent news report. His appointment aligns with the conglomerate’s efforts to enhance its financial services business and leadership team.

Reliance Industries, led by Mukesh Ambani, has been actively seeking experienced professionals from the banking sector. However, the company has declined to comment on Jain’s appointment.

Jain’s Legacy in Banking and Regulatory Roles

Jain, who retired from the RBI in June 2023, is widely recognised for his role in reviving IDBI Bank and Indian Bank. His expertise in banking reforms and risk management made him a crucial figure in India’s financial sector.

Earlier this year, the RBI had appointed him to chair the standing external advisory committee responsible for evaluating applications for universal and small finance banks. His deep knowledge of regulatory frameworks and financial institutions makes him a valuable addition to Reliance’s strategic vision.

Reliance Industries’ Financial Services Expansion

Jain’s role at Reliance Industries comes at a pivotal time when the conglomerate is ramping up its presence in financial services. In July 2023, Reliance spun off its financial services arm into a separate listed entity, Jio Financial Services (JFS).

JFS has since expanded its digital and physical footprint under the leadership of KV Kamath, a seasoned banker. The company has been focusing on digital customer acquisition and strengthening its financial ecosystem.

Jio Financial Services and Its Growing Footprint

Jio Financial Services operates multiple subsidiaries across different financial verticals:

  • Jio Finance (NBFC Arm): Manages last-mile financial solutions, with nine offices across seven cities.
  • Jio Payments Bank: Has built a network of approximately 7,300 business correspondent agents nationwide.
  • Jio Payment Solutions: Has integrated payment systems with JioBharat feature phones to support small merchants.
  • Jio BlackRock Asset Management: A joint venture with BlackRock, the world’s largest asset manager, which has received in-principle approval and awaits final clearance from the Securities and Exchange Board of India (Sebi).

Competition in the Financial Services Sector

Reliance is not the only major business group investing in financial services. Other large conglomerates, including the Tata Group, have been making significant moves in the sector, recognising the growing demand for digital and retail financial solutions.

Conclusion

With Jain’s extensive banking experience, his advisory role at Reliance Industries could support the company’s strategic decisions in its expanding financial services division.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India’s Largest Depository, NSDL, Prepares for ₹3,000 Crore IPO as SEBI Deadline Looms

India’s IPO market has slowed in recent weeks, but National Securities Depository Ltd (NSDL) is moving swiftly to debut on the stock exchange. The country’s largest securities depository is expediting its much-anticipated ₹3,000 crore initial public offering (IPO), potentially launching as early as next month.

The IPO is an offer for sale (OFS), meaning no fresh shares will be issued. Instead, 6 existing shareholders, including National Stock Exchange (NSE), IDBI Bank, and HDFC Bank, will dilute their holdings. Notably, NSE holds a 24% stake in NSDL.

Expected Timeline for NSDL IPO 

NSDL received in-principle approval for the IPO in September 2024, with validity extending until September 2025. However, the depository is now in a race against time to complete regulatory approvals and launch the offering by April 2025, according to a news report. 

A key driver behind this accelerated timeline is compliance with SEBI’s shareholding norms. The market regulator mandates a diversified ownership structure for market infrastructure institutions (MIIs) such as NSDL, prompting the company to move forward with its listing.

Financial Performance of NSDL 

While the broader market has witnessed a correction, affecting IPO activity, NSDL’s financials remain robust. In Q3 FY25, the company reported:

  • 29.82% year-on-year rise in consolidated net profit to ₹85.8 crore.
  • 16.2% increase in total income, reaching ₹391.21 crore.

These strong financials position NSDL as a significant player in the market, making its IPO one of the most anticipated listings of the year.

Conclusion

As NSDL pushes ahead with its IPO, investors will closely monitor how the offering aligns with shifting market conditions and regulatory requirements. With an expected listing in April, all eyes are on how the depository navigates these challenges in the coming weeks.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

TATA IPL 2025: Dressing-Room Discussions: The Costs of Investments Revealed

In the grand game of investment, much like in TATA IPL 2025, the action isn’t just happening where the ball is; a lot is going on behind the wickets, which is crucial to the game’s outcome. The players, in this case, investors, often focus on the visible risks and returns, overlooking the subtler aspects, often overlooked, that could impact their financial health. One such aspect is the hidden costs of investment products like stocks and mutual funds. These costs can nibble away at your returns, much like how a well-placed fielder can change the course of the game by catching an unsuspected catch behind the wickets.

Understanding the Field: Mutual Funds

Imagine stepping onto the lush green wicket of the investment world, ready to play the long game with mutual funds. Here, the asset management company is your team captain, guiding your portfolio through the ebbs and flows of the market. But, just as a cricket team incurs expenses, investing in mutual funds comes with its own set of charges.

  • Expense Ratio/Management Fees: This is akin to paying for the coaching staff, the physio, the bowling and fielding couches, and other essentials that keep the team in top form. The expense ratio, usually ranging from 0 to 2.25%, is deducted from your returns, subtly affecting your take-home score.
  • Exit Loads: Mutual funds charge an exit load, or redeeming your funds prematurely can lead to exit load charges, ensuring investors stay invested for the intended duration.
  • Account Fees and Switch Prices: Like maintaining a minimum balance in the team’s fund for essentials or changing strategies mid-game, mutual funds may charge for not maintaining a minimum balance and for switching between plans.

The Playbook of Stocks

Venturing into the fast-paced world of stock trading and investing brings a different set of rules and charges.

  • Brokerage Charges: Whether you’re with a full-service broker who’s offering a suite of services or a discount broker focused on executing trades, brokerage fees are the cost of having someone bat on your behalf.
  • Securities Transaction Tax, Stamp Duty, and More: The government and regulatory bodies also take a slice of the action through taxes and duties that apply to each transaction. These are the umpire’s calls, non-negotiable and applied to both sides of the game.
  • Capital Gains Tax: The tax on your winnings, whether you’re playing the short game (short-term capital gains tax) or in it for the long haul (long-term capital gains tax), ensures that a part of your profits contributes to the broader economy.

Summary of Hidden Investment Costs

This table provides a snapshot of the various costs an investor might encounter when engaging in mutual funds and stock trading. It’s crucial to account for these expenses as they can significantly affect your overall returns.

Investment Type Charge Type Description Typical Range
Mutual Funds Expense Ratio Fee charged by asset management companies to manage the fund. 0% to 2.25%
Exit Load Fee charged when selling shares before a specified period. 0.0% to 4%
Account Fee Fee for not maintaining a minimum balance. Varies by fund
Switch Fee Fee for switching between plans within the same mutual fund. Varies by fund
Stocks Brokerage Charges Fee paid for broker services in executing trades. Varies by broker
Securities Transaction Tax (STT) Tax levied on the sale and purchase of stocks. 0.025% to 0.1%
Stamp Duty Government tax on the transfer of shares. Varies by state
SEBI Turnover Charges Regulatory fees are charged by SEBI on transactions. ~0.0002%
Capital Gains Tax Tax on profits from selling stocks. Short-term for holdings under a year, long-term for over a year. Short-term: 15%, Long-term: 10% over ₹1 lakh

How to Mitigate Hidden Costs?

Understanding the hidden costs is akin to knowing the pitch conditions on match day. Here are some strategies to play a smarter game:

  • Research and Compare: Just as a cricket team scouts the competition, compare investment options to find those with lower fees.
  • Long-Term Game Plan: Opt for investments that align with a long-term strategy, reducing the impact of exit loads and maximising compounding.
  • Direct Plans: In mutual funds, opting for direct plans can lower the expense ratio as it bypasses intermediaries.
  • Tax Planning: Make use of tax-saving investments and understand the tax implications of your investment choices to optimise your after-tax returns.

The Umpire’s Call: Regulatory Bodies and Transparency

Just as cricket has its governing bodies ensuring fair play, the investment world is regulated by entities like the Securities and Exchange Board of India (SEBI), which sets out norms for charges like the total expense ratio in mutual funds. These bodies work to ensure transparency and protect investor interests, making the hidden visible.

Learn 20 Investing Lessons from the Cricket Ground

Conclusion: Keeping an Eye on the Ball and the Match Outcome

In cricket, as in investments, the plans and team conversations in the dressing room is as crucial as the action on the field. By being aware of the hidden costs associated with investment products, investors can make informed decisions, strategise effectively, and ultimately score big in the financial game. Remember, every run saved on costs adds to your investment returns. So, as you don your pads and step onto the investment pitch, keep an eye on the visible ball and the subtle field placements , behind-the-scenes actions that could impact your financial game.

 

Much like cricket, investing is a blend of strategy, timing, and an understanding of the field. By recognising and planning for the hidden costs, you’re not just playing the game; you’re playing to win.

 

Disclaimer: This article has been written for educational purposes only. The securities quoted are only examples and not recommendations.

India Imposes Anti-Dumping Duties on Chinese, Japanese Water Treatment Chemical

To safeguard domestic manufacturers from unfair pricing practices, India has imposed an anti-dumping duty of up to ₹86,116 (US$ 986) per tonne on Trichloro Isocyanuric Acid, a chemical widely used for water treatment. 

This duty applies to imports from China and Japan and will remain in effect for 5 years, as per a Ministry of Finance notification. The decision follows recommendations from the Directorate General of Trade Remedies (DGTR), which found that Indian manufacturers had suffered material injury due to the influx of cheaper imports.

The Role of Anti-Dumping Duties in Trade Protection

Anti-dumping duties are imposed when foreign manufacturers sell goods in another country at prices lower than their domestic market value. These measures do not restrict imports but ensure fair competition for local industries.

The DGTR, the investigative body under the Ministry of Commerce and Industry, examines the impact of such imports and recommends necessary duties. The final decision, however, lies with the Ministry of Finance, which typically enforces these duties within three months of DGTR’s recommendations.

Compliance with WTO Regulations and Economic Impact

The World Trade Organisation (WTO) permits anti-dumping measures when investigations confirm that domestic industries are being harmed. China and Japan, both significant trading partners of India, fall under WTO regulations, allowing India to impose such duties when required. 

This move is expected to stabilise the domestic chemical market and protect Indian manufacturers from predatory pricing strategies while ensuring that prices remain competitive for consumers.

Conclusion

By imposing this anti-dumping duty, India aims to safeguard its domestic chemical industry from unfair pricing practices while adhering to global trade regulations. The decision is expected to create a more balanced trade environment, ensuring that local manufacturers can compete fairly without the adverse effects of underpriced imports.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

MSTC Receives Work Order From Coal India

MSTC Ltd is a government-owned enterprise under the Ministry of Steel, primarily engaged in trading and e-commerce services.

Order Details

On March 10, 2025, MSTC Ltd announced that it has been awarded a work order from Coal India Limited (CIL) to serve as the exclusive e-auction service provider for coal and coal products. This prestigious contract, spanning 2 years, will enable the digital auctioning of coal across CIL and its subsidiaries.

MSTC Statement

“We are pleased to inform that MSTC Limited has received a work order from Coal India Limited for engagement as an E-auction Service Provider, facilitating the e-auction of coal and coal products for CIL and its subsidiaries for the next two years.” said in filings.

Financial Performance in Q3 FY25

MSTC delivered an exceptional financial performance in the Q3 FY25, registering a massive 506.04% year-on-year (YoY) surge in net profit, reaching ₹250.9 crore. This is a remarkable increase from the ₹41.4 crore reported in the corresponding quarter of the previous fiscal year.

The profit boost was largely driven by an exceptional gain of ₹275.5 crore, a stark contrast to the ₹1.9 crore loss recorded in Q3 FY24.

Robust Revenue and Strong EBITDA Growth

MSTC’s revenue from operations saw a healthy 12.8% rise, climbing to ₹81.1 crore from ₹71.9 crore in the same quarter last year.

At the operating level, the company’s EBITDA surged 18.5% to ₹48.7 crore, compared to ₹41.1 crore in Q3FY24. The EBITDA margin also expanded impressively to 60.1%, up from 57.2% in the corresponding period of the previous fiscal year.

Share Price Performance 

At 2:46 PM on March 11, 2025, MSTC Ltd shares traded 1.36% higher at ₹466.20 per share on the NSE.

Conclusion

This two-year contract strengthens MSTC Ltd’s position as a leading e-auction service provider, reinforcing its role in the digital transformation of coal trading for Coal India Ltd and its subsidiaries.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.