Adani Group’s Philanthropic Push: ₹2,000 Crore Committed for 20 Schools Across India

The Adani Group, led by Gautam Adani, as per news reports has announced a substantial philanthropic initiative aimed at transforming the education landscape in India. The conglomerate has pledged ₹2,000 crore to construct at least 20 schools across the country. This forms part of the ₹10,000 crore charity commitment made during the wedding of Gautam Adani’s younger son, Jeet Adani, with Diva Shah.

A Broader Social Responsibility Initiative

The latest educational commitment aligns with the group’s ongoing social welfare initiatives. Previously, the Adani Group had allocated ₹6,000 crore towards the construction of hospitals and ₹2,000 crore for skill development. This diversified approach signifies a structured and holistic philanthropic roadmap aimed at enhancing healthcare, education, and employment opportunities in India.

Collaboration with GEMS Education

In an effort to ensure world-class educational standards, the Adani Foundation—the philanthropic arm of the Adani Group—has partnered with GEMS Education, a globally recognised institution in private K-12 education. This collaboration seeks to establish educational institutions with top-tier learning infrastructure that will be accessible to students across various socio-economic backgrounds.

A statement released by the Adani Group highlighted that this partnership would not only focus on school-level education but also on creating research institutions that will contribute towards developing teaching competencies through innovation and skill enhancement.

The First School to Open in 2025

The first institution under this initiative, the Adani GEMS School of Excellence, is expected to commence operations in Lucknow during the 2025–26 academic year. Over the next three years, at least 20 such schools will be set up across India’s major metropolitan cities. Subsequently, the initiative will be expanded to Tier II, III, and IV cities, ensuring a wider reach beyond urban centres.

Philanthropy at the Core of Adani Group

Gautam Adani, currently the second-richest individual in India after Mukesh Ambani with a net worth of $53.9 billion as per the report, has long been associated with large-scale philanthropy. His foundation, through various initiatives, has consistently worked towards socio-economic development, focusing on education, healthcare, and skill development.

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.

SBI JanNivesh SIP: Turn SIP of ₹250 Monthly into Lakhs

SBI Mutual Fund has introduced the JanNivesh SIP, an initiative designed to make investing more accessible to a wider audience. With a minimum investment requirement of just ₹250 per month, this scheme aims to encourage financial participation among first-time investors, small savers, and those in the unorganised sector.

In a country where financial literacy and investment participation are still evolving, such an initiative plays a crucial role in bridging the gap and promoting disciplined investing.

How JanNivesh SIP Can Build Wealth Over Time

A systematic investment plan (SIP) is one of the simplest ways to invest in mutual funds, allowing investors to contribute small amounts consistently over time. While the monthly investment in JanNivesh SIP may seem modest, the power of compounding can help generate significant returns in the long run.

Let’s explore the potential growth of a ₹250 monthly SIP over different periods and expected returns, this is calculated using SIP calculator: 

Investment Period Expected Return Corpus Generated
30 years 15% ₹17.52  lakh
30 years 18% ₹35.81 lakh

 

  • Total Investment: ₹90,000 (over 30 years)
  • Estimated Returns: ₹34,91,322 (assuming an 18% annual return)

This demonstrates how even a small monthly contribution can grow into a substantial corpus over time, thanks to compounding returns.

A Digital-First Approach to Investment

The JanNivesh SIP is being integrated into SBI’s YONO app, making it easier for customers to start investing with just a few taps on their smartphones. This digital-first approach aligns with the broader financial inclusion agenda by ensuring that investments are accessible to a larger population, including those who may not have access to traditional financial advisory services.

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. 

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

Man Wins ₹65,000 Compensation for ‘Wasted Time’ at PVR-INOX: A Landmark Consumer Court Ruling

Abhishek MR, a Bengaluru resident, filed a complaint after experiencing an unexpected delay while watching Sam Bahadur in 2023. Despite a scheduled showtime of 4:05 pm, the film commenced only at 4:30 pm due to an extended session of advertisements and trailers.

He argued that this delay disrupted his plans and caused him to miss important appointments. In his complaint, he alleged that multiplexes misled customers with incorrect show timings and forced them to watch commercials for financial gain. “The complainant could not attend other arrangements and appointments which were scheduled for the day and has faced losses that cannot be calculated in terms of money as compensation,” the complaint stated.

Consumer Court’s Ruling: ‘Time is Money’

The consumer court ruled in favour of Abhishek, holding PVR Cinemas and INOX accountable for wasting his time. The compensation awarded included:

  • ₹50,000 for unfair trade practices
  • ₹5,000 for mental agony
  • ₹10,000 for legal expenses

Additionally, the court imposed a ₹1 lakh fine on PVR and INOX, payable to the Consumer Welfare Fund within 30 days. However, BookMyShow was exempted from liability, as it only facilitated ticket bookings and had no control over advertisement durations.

Court’s Stand: A Strong Message for Businesses

The ruling, issued on February 15, 2024, made it clear that no business has the right to profit at the cost of a customer’s time. The court firmly stated: “25-30 minutes is not a small amount of time to sit idle in a theatre and watch whatever is telecasted.”

It emphasised that people with busy schedules should not be forced to endure unnecessary advertisements before a movie screening.

PVR-INOX’s Defence & Court’s Response

PVR Cinemas and INOX defended their actions by stating that they are legally required to broadcast Public Service Announcements (PSAs) to promote awareness campaigns.

However, the court clarified that such PSAs should be limited to 10 minutes before the movie starts and during the interval—not stretched into an extended pre-screening advertisement session.

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.

Rise in Retail Participation: Individual Investors Hold 61.4% of MF AUM

The mutual fund industry has witnessed a remarkable shift in investor participation, with individual investors now accounting for 61.4% of the total assets under management (AUM) as of December 2024. This marks an increase from 60.1% in December 2023, reflecting a growing preference for mutual funds over traditional investment avenues.

In absolute terms, the assets held by individual investors surged by 40%, rising from ₹30.70 lakh crore in December 2023 to ₹42.58 lakh crore in December 2024. This trend highlights the increasing comfort of retail investors with market-linked investments, driven by rising financial awareness and accessibility to digital investment platforms.

Shifting Investment Preferences Among Young Investors

A significant factor behind this surge is the changing mindset of young investors. Unlike previous generations, which leaned heavily towards fixed deposits, gold, and real estate, the younger demographic is showing a strong inclination towards equities and mutual funds. This generational shift is propelling the contribution of individual investors in the mutual fund industry’s total AUM.

The overall mutual fund industry experienced a 36% growth in AUM, expanding from ₹51.09 lakh crore in December 2023 to ₹69.33 lakh crore in December 2024. This surge reflects a broader trend of increasing reliance on mutual funds for wealth creation and long-term financial planning.

Institutional Investors Maintain Their Presence

Despite the rise in retail participation, institutional investors still play a vital role in the industry, accounting for 38.6% of total assets. Their holdings grew 31.20%, from ₹20.39 lakh crore in December 2023 to ₹26.75 lakh crore in December 2024. Corporates dominate institutional investments, holding 94% of institutional AUM, with the remaining portion managed by Indian and foreign institutions, as well as banks.

Equity-Oriented Funds Take Centre Stage

Equity-focused mutual funds have emerged as the preferred investment avenue, now representing 60.6% of the industry’s total AUM, up from 56.5% in December 2023. This category has witnessed a surge in contributions, with individual investors accounting for 88% of equity fund assets.

This shift towards equities has been fuelled by:

  • Strong market performance, leading to increased optimism and risk appetite.
  • Taxation changes in debt mutual funds, making equity investments more attractive.
  • High inflation, which has diminished the real returns on fixed-income investments.

Systematic Investment Plans (SIPs) have also played a crucial role in this trend, with the bulk of SIP inflows directed towards equity funds. However, this shift has led to an imbalance in asset allocation, with a reduced focus on diversification between debt and equity.

Decline in Debt and ETF Market Share

While equity funds flourished, debt-oriented schemes experienced a decline, with their share dropping from 17.5% in December 2023 to 14.6% in December 2024. This reflects investors’ hesitation towards fixed-income instruments in an environment of rising equity market returns.

Similarly, exchange-traded funds (ETFs) saw a marginal dip in market share, reducing from 12.9% in December 2023 to 12.3% in December 2024.

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. 

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

India’s Largest Passive Mutual Funds: SBI, Nippon, and UTI Dominate the Space

Passive investing has gained traction in India, with investors increasingly turning to index funds and exchange-traded funds (ETFs) to gain exposure to broad market movements. As of December 2024, passive assets under management (AUM) in the mutual fund industry reached ₹11.29 lakh crore, making up 16.29% of the total AUM.

These 3 fund houses—SBI Mutual Fund, Nippon India Mutual Fund, and UTI Mutual Fund—have emerged as the top players in this segment. These funds have established a strong presence across index funds, ETFs, and fund of funds, capturing a significant portion of the passive investment market.

SBI Mutual Fund

SBI Mutual Fund dominates the passive investment landscape, commanding an AUM of ₹3.66 lakh crore. Passive funds contribute 33% of SBI MF’s total AUM, showcasing its strong position in index investing.

In the ETF category, SBI MF leads with an AUM of ₹3.35 lakh crore, solidifying its presence as a major player in this segment. The fund house also holds a notable position in index funds, managing assets worth ₹30,036 crore.

Nippon India Mutual Fund

Nippon India Mutual Fund ranks 2nd in passive investments with a total AUM of ₹1.67 lakh crore. Passive funds make up 29% of its total assets, indicating a strong focus on this investment strategy.

In the ETF market, Nippon India MF holds the second-largest AUM at ₹1.52 lakh crore, further strengthening its foothold. Notably, in commodity ETFs, which include gold and silver ETFs, Nippon India MF leads the market with ₹20,444 crore in AUM.

UTI Mutual Fund

UTI Mutual Fund holds the 3rd position in the passive investment space, with an AUM of ₹1.49 lakh crore. However, passive funds contribute a higher proportion (42%) of its total AUM. 

In index funds, UTI MF ranks third with an AUM of ₹36,731 crore, trailing only behind ICICI Prudential MF and HDFC MF. It also secures the third position in the ETF category, managing assets worth ₹1.13 lakh crore.

Other Leading Players in Passive Investing

Beyond the top 3, other major fund houses have also built substantial passive investment portfolios:

The Growing Popularity of Index Funds and ETFs

Index funds and ETFs have been instrumental in the rise of passive investing. Here’s how different fund houses are positioned in these categories:

Index Funds: Market Leaders

  • ICICI Prudential MF: ₹38,784 crore
  • HDFC MF: ₹38,088 crore
  • UTI MF: ₹36,731 crore
  • SBI MF: ₹30,036 crore
  • Aditya Birla Sun Life MF: ₹21,409 crore

ETF Market Share

  • SBI MF: ₹3.35 lakh crore
  • Nippon India MF: ₹1.52 lakh crore
  • UTI MF: ₹1.13 lakh crore
  • ICICI Prudential MF: ₹84,284 crore
  • Edelweiss MF: ₹58,703 crore

Commodity ETFs Leadership

  • Nippon India MF: ₹20,444 crore
  • ICICI Prudential MF: ₹9,751 crore
  • HDFC MF: ₹6,928 crore
  • SBI MF: ₹6,435 crore
  • Kotak MF: ₹5,951 crore

Ready to watch your savings grow? Try our SIP Calculator today and unlock the potential of disciplined investing. Perfect for planning your financial future. Start now!

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. 

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

Gold Prices Moves Above ₹86,000 in Major Cities – Check Gold & Silver Prices in Your City on Feb 19

Gold prices have increased on February 19, 2025. In the international market, the spot gold price has risen by 0.18% to $2,934.83 per ounce as of 12:00 PM.

Both Indian and international gold prices have witnessed an uptick. In India, gold prices have increased by over ₹100 per 10 grams in major cities.

In Mumbai, 24-carat gold is priced at ₹8,623 per gram, while 22-carat gold costs ₹7,904 per gram. The 24-carat gold price stands at ₹86,230 per 10 grams as of 12:00 PM on February 19, 2025.

In Delhi, 22-carat gold is priced at ₹78,907 per 10 grams, whereas 24-carat gold is trading at ₹86,080 per 10 grams.

Gold Prices Across Major Indian Cities on February 19, 2025

Here is a detailed breakdown of gold prices as of February 19, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 86,480 79.273
Hyderabad 86,370 79,173
Delhi 86,080 78.907
Mumbai 86,230 79,044
Bangalore 86,300 79,108

Silver Prices in India on February 19, 2025

The international silver price has risen by 0.04% to $32.81 per ounce as of 12:00 PM. In India, silver prices have increased by ₹110 per kilogram.

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 97,210
Delhi 97,050
Kolkata 97,080
Chennai 97,500

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices have risen across major Indian cities. The international spot price of gold is trading above $2,900 per ounce, and in India, it is above ₹86,000 per 10 grams.
  • Silver Prices: Silver prices have increased in both the international and domestic markets.

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.

TTK Prestige Commits ₹500 Crore Investment for Business Expansion and Innovation

TTK Prestige Limited has announced a substantial investment of ₹500 crore over the next 3 financial years, beginning from Q4 FY 2024-25. The company’s Board of Directors has approved this investment plan, which is aimed at enhancing innovation, manufacturing, and market expansion while ensuring long-term business sustainability.

Allocation of Investment

The planned investment will be distributed across two primary areas:

  • Operational Excellence: ₹200 crore will be allocated towards soft operational expenses, focusing on innovation, design, manufacturing and sourcing, logistics, and service. This expenditure aims to enhance the company’s go-to-market strategy with a clear market segmentation approach.
  • Capital Expenditure (Capex): ₹300 crore will be invested in hard capital expenses to strengthen core business segments, including pressure cookers, cookware, and domestic kitchen appliances. The investment will also support targeted export clients, further expanding the company’s global footprint.

Impact on Business and Margins

The investment plan is expected to fortify TTK Prestige’s core business while fostering cost efficiencies and growth. However, the company anticipates a transient impact on operating EBITDA margins over the next eight quarters. This is due to the one-time soft investments, which may take time to translate into tangible cost savings and revenue growth.

Leveraging External Expertise

To ensure the effective execution of this strategic initiative, TTK Prestige intends to collaborate with external experts in specific domains. This approach will help optimise resources and drive efficiency in various operational and capital-intensive areas.

Share Price Performance

TTK Prestige share price was trading higher by 1.68% at ₹689.70 on NSE as of 11:56 AM on February 19, 2025. 

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 Steel UK’s Electric Arc Furnace in Port Talbot Gets Green Light for Sustainable Steelmaking

In a significant step towards sustainable steel production, Neath Port Talbot Council has granted planning approval for Tata Steel UK’s Electric Arc Furnace (EAF) in Port Talbot. This project, aimed at revolutionising the UK’s steel industry, is set to commence large-scale construction this summer, with the EAF expected to be operational by late 2027. Tata Steel Limited owns Tata Steel UK. Share price of Tata Steel was trading higher by 1.23% as of 11:39 AM. 

A £1.25 Billion Investment in the Future of Steelmaking

Tata Steel UK’s £1.25 billion investment marks one of the most substantial commitments in the UK steel industry in decades. The project will modernise steel production and secure thousands of jobs while transitioning towards greener manufacturing practices. Supported by £500 million from the UK Government, the initiative will help sustain 5,000 Tata Steel UK jobs and significantly cut CO₂ emissions.

According to Rajesh Nair, CEO of Tata Steel UK, this approval is a crucial milestone in their journey towards sustainable steelmaking. “Amidst a challenging global market, this is a significant milestone for the project and we are committed to begin large-scale work on site this summer, ahead of the Electric Arc Furnace starting up from the end of 2027,” he said.

Transitioning to Low-Carbon Steel Production

The Electric Arc Furnace will replace the site’s ageing steelmaking assets, which included coke ovens, a sinter plant, and blast furnaces that were closed last year. Unlike traditional blast furnaces that rely on imported iron ore and coal, an EAF primarily melts scrap steel using electricity, reducing dependence on raw material imports.

This shift is expected to lower on-site CO₂ emissions by 90%, equivalent to 1.5% of the UK’s total direct emissions. The move aligns with Tata Steel’s broader sustainability goals, which include achieving net-zero steel production by 2045 and reducing CO₂ emissions by 30% by 2030.

A Boost for the UK’s Green Industrial Strategy

The UK Government sees this project as a key component of its industrial and environmental strategy. Business and Trade Secretary Jonathan Reynolds highlighted the deal as a major step in securing the future of Welsh steelmaking.

“This is a major step forward in securing a bright, long-term future for steel in South Wales, following the improved deal for Port Talbot’s transition we agreed with Tata Steel and the next phase of our Plan for Steel – unveiled last week. Today’s news will provide security for Port Talbot’s green steel transition and help give Welsh steelmaking the certainty it needs to drive growth and attract investment, as part of our Plan for Change.” 

Strategic Partnerships and Future Developments

Tata Steel UK has been making steady progress in its transition to sustainable steelmaking. The company recently signed a deal with construction equipment giant JCB for the supply of green steel and appointed Sir Robert McAlpine as the main works contractor for the project. Additionally, Tenova, a global metals technology leader, has been selected to supply the new furnace.

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.

CONCOR Awards ₹689.76 Crore Order to PSU Company Braithwaite & Co

Container Corporation of India Ltd (CONCOR) is a preeminent public sector enterprise under the aegis of the Ministry of Railways, specialising in multimodal logistics and containerised cargo transportation. Established in 1988, CONCOR plays a pivotal role in India’s freight movement, offering a suite of services encompassing rail and road transportation, terminal operations, and warehousing.

Project Details 

On February 18, CONCOR announced the awarding of a prestigious contract worth ₹689.76 crore to Braithwaite & Co Ltd for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis. This order, which excludes freight charges but includes GST, is slated for completion by 11th August 2026.

“It is hereby informed that the company has awarded an order for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis to M/s Braithwaite & Co. Ltd, a Government of India undertaking under the Ministry of Railways. The value of the order, ex-works and excluding freight charges (including GST), stands at ₹689.76 crore, with the deliveries to be fulfilled by 11.08.2026,” CONCOR disclosed in a regulatory filing.

Braithwaite & Co Ltd, a distinguished public sector enterprise under the Ministry of Railways, will oversee the execution of this project. CONCOR has affirmed that this transaction does not fall under related party transaction norms as per SEBI regulations, given that it transpires between two public sector entities.

CONCOR Q3 FY25 Result

CONCOR reported a 10.9% year-on-year (YoY) surge in net profit, with earnings soaring to ₹366.7 crore, up from ₹330.7 crore in the corresponding period of the previous year. However, despite the profitability uptick, the company’s revenue remained stagnant, registering a marginal contraction of 0.1% to ₹2,208.3 crore, compared to ₹2,210.6 crore in Q3 of the prior fiscal year.

On the downside, EBITDA witnessed a notable decline of 10.1% YoY, settling at ₹465 crore against ₹517.5 crore in the same quarter last year. Consequently, the EBITDA margin contracted to 21.1%, down from 23.4% YoY.

Share Price Performance

At 11:03 AM on February 19, 2025, Container Corporation of India Ltd shares traded at ₹686.25 per share on the NSE.

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.

Transformers and Rectifiers Secures Order From Hyosung T&D India Worth ₹166.45 Crore

Transformers and Rectifiers (India) Limited (TRIL), established in 1981 and headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer specializing in a wide range of transformers, including power, distribution, furnace, and speciality transformers. The company has a significant presence in both domestic and international markets, exporting to over 25 countries. 

Secured Order Worth of ₹166.45 Crore 

Transformers and Rectifiers (India) Limited (TRIL) has announced a major achievement, securing a significant order worth ₹166.45 Crore. This deal marks a key milestone in the company’s growth, cementing its reputation as one of the leading manufacturers of transformers in India.

The order has been awarded by Hyosung T&D India Private Limited, a prominent domestic entity. TRIL will be responsible for the supply of single-phase coupling Transformers and related work for TBCB Projects. This contract is a step forward in TRIL’s journey, reinforcing its position as a key player in India’s transformer manufacturing sector.

The project entails the supply of Single Phase Coupling Transformers for domestic implementation, with delivery scheduled within the forthcoming financial year. 

The company has confirmed that this contract is not a related party transaction, stating that neither its promoter group nor any affiliated entities have any interest in Hyosung T&D India Private Limited. TRIL emphasized that the order was obtained in the ordinary course of business, adhering to arm’s length principles and upholding the highest standards of corporate integrity.

Share Price Performance 

At 11:00 AM on February 19, 2025, Transformers and Rectifiers (India) Ltd. shares traded at ₹381.85 per share on the NSE.

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.