Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Tops Asia Rich
Tops Asia Rich- Gautam Adani is back on top as Asia’s richest person. The Indian Supreme Court recently said, “No more investigations needed,” regarding bombshell allegations against Adani’s business by Hindenburg Research. Guess what happened next? Adani’s wealth jumped a whopping $7.7 billion in just one day, bringing his total to $97.6 billion. He’s back in the lead, beating Mukesh Ambani from Reliance Industries Ltd, who’s trailing with $97 billion.
Gautam Adani, a self-made entrepreneur who started as a diamond trader in the 1980s, faced a crazy year. Despite Hindenburg’s claims of fraud, Adani’s conglomerate lost over $150 billion in market value. But Adani wasn’t having it. He spent months convincing investors, paying debts, and dealing with regulatory issues.
Court Says, “That’s Enough!”
Just when things seemed dicey, the Supreme Court of India stepped in. They told the local markets regulator to finish investigating Adani’s group in three months and said, “No need for more probes.” It was like slamming the door on a year-long drama. This legal thumbs-up led to Adani gaining a mind-boggling $13.3 billion ā the biggest wealth gain worldwide this year.
Beyond all the legal battles, Adani is on a mission for a greener future. His company pledged a massive $100 billion over the next decade to make its businesses eco-friendly. From starting as a coal trader, Adani is now into data centers, artificial intelligence, urban development, airports, and media.
So, what’s the takeaway? Adani’s not just about being rich; he’s about making a difference. His journey is a story of bouncing back, adapting, and working towards a future that’s good for the planet. As Adani continues to shape industries, we’ll be here, watching the twists and turns of this financial adventure. Get ready for the next chapter!
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Adani Family Pours Big Bucks into Green Energy for India’s Future
Green Energy -Gautam Adani, the big boss of the Adani Group, and his family are tossing a massive Rs 9,350 crore into Adani Green Energy Limited (AGEL). Why? They’re on a mission to help AGEL hit a whopping 45 GW target by 2030. This juicy investment news spilled out in AGEL’s stock exchange filing just the other day.
Powering Up the Green Machine
AGEL, with its 20.6 GW capacity already locked in, is making moves in the renewable energy game. The Adani family’s cash injection isn’t just about moneyāit’s a promise to make AGEL a big player in India’s green revolution. They’re using this cash to pay off debts and speed up spending on important stuff, all to hit their 2030 goal.
AGEL has already signed deals for a massive 19.8 GW of power and grabbed a whopping 2 lakh acres of land in India’s resource-rich areas. These aren’t just random moves; they’re positioning AGEL to be a big deal in India’s renewable energy scene.
AGEL’s Green Energy Adventure
Right now, AGEL is the cool kid on the block, building, owning, and running big solar, wind, and hybrid power plants. They’ve got 8.4 GW of renewable power spread out in 12 states in India. According to Gautam Adani, “India’s about to become a big deal in renewable energy, and AGEL is leading the charge.”
The Big Picture
Gautam Adani is all about this investment. He says it shows they’re not just dreaming about clean energy in Indiaāthey’re making it happen. Their plan? Switch out the old power stuff for new, green options. With this money boost, AGEL is all set to speed up its plans, helping India grow and develop more cleanly.
Board’s Thumbs Up and What’s Next
AGEL’s board gave a thumbs up for the Adani family to get special warrants worth Rs 9,350 crore ($1,125 million). But hold your horsesāthis only happens if regulators, the law, and AGEL’s shareholders give the nod at a big meeting on January 18, 2024.
Big Interest from Big Players
The paperwork also says that big investors, partners, banks, and even the Adani family are all in for AGEL’s goals. This isn’t just about money; it’s about everyone believing in AGEL’s dream.
Big Money Moves and AGEL’s Backing
Remember that $1.36 billion AGEL got from eight big international banks? That’s for a massive 2,167 MW solar project in Gujarat. It’s a big deal and shows AGEL is serious about green power.
And there’s more! AGEL spilled the beans on a huge $1.425 billion in cash. $1.125 billion comes from the Adani family, and another $300 million is from their partnership with TotalEnergies. That’s a jaw-dropping $3 billion in the bank for AGEL.
To wrap it up, the Adani family’s megabucks are a green light for India’s green energy future. As India steps up to lead in renewable energy, AGEL is front and center, fueled by big investments and a vision for a cleaner, greener tomorrow.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
AHMEDABAD: Adani TotalEnergies E-Mobility Restricted ATEL), a wholly-owned subsidiary of Adani Whole Gasoline Restricted, on Monday introduced it has signed a memorandum of understanding with car main, MG Motors India. As a part of the MoU, ATEL will arrange a CC2 60kW DC charger at MG Motorsā dealerships in India to bolster charging networks right here.The joint collaboration will entail improvement of charging options for electrical automobiles (EVs) and value-added providers for MG Motorsā EV clients.The 2 firms additionally plan to launch a digital platform to facilitate a seamless buyer expertise, protecting discovery, person authentication, charging, and billing settlement for EV charging.Suresh P Mangalani, ED & CEO, ATGL, mentioned, āAdani TotalEnergies E-Mobility Limitedās and MG Motor Indiaās partnership to develop charging infrastructure will play a crucial role in accelerating India’s energy transition.āThe collaboration will improve buyer expertise with RFID options accessible to MG customers on the strategic areas of ATELās public charging community, particularly at locations corresponding to airports.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
AHMEDABAD: Adani Group will make investments about Rs 2.3 lakh crore via 2030 in India’s most bold renewable vitality growth and photo voltaic and wind manufacturing capability addition ever because it shrugs off a short-seller assault to pursue its trademark fast development plans. Adani Inexperienced Power Ltd, India’s largest renewable vitality firm, will make investments about Rs 1.5 lakh crore in increasing capability to generate electrical energy from photo voltaic vitality and wind energy at Khavda in Gujarat’s Kutch to 30 gigawatts from 2 GW at present and one other Rs 50,000 crore in 6-7 GW of comparable tasks elsewhere within the nation, a prime firm official mentioned. Adani New Industries Ltd (ANIL), a unit within the group’s flagship Adani Enterprises Ltd, will make investments near Rs 30,000 crore in increasing photo voltaic cell and wind turbine manufacturing capability at Mundra in Gujarat. AGEL, which at present has an working portfolio of 10,934 megawatts (10.93 GW), is concentrating on 45 GW of renewable vitality capability by 2030. 30 GW of it will come up at only one location at Khavda – the world’s largest renewable vitality undertaking. “We have just now commissioned 2,000 MW (2 GW) of capacity at Khavda and plan to add 4 GW in the current fiscal (financial year ending March 2025) and 5 GW every year thereafter,” mentioned Vneet S Jaain, Managing Director, AGEL. To help these plans in addition to meet necessities of different home renewable gamers and export market, ANIL plans to broaden its cell and module manufacturing facility at Mundra to 10 GW by 2026-27 from present 4 GW, Jaain, who can also be a director on the board of ANIL, mentioned. Crystalline silicon is was cells able to changing solar rays into electrical present and mounted on modules earlier than being positioned in excessive radiation areas resembling Khavda. Electrical energy thus generated is wired to the transmission grid for onward motion to clients. In addition to photo voltaic manufacturing, ANIL can also be doubling capability to make windmills that generate electrical energy from wind, to five GW in three-and-a-half years, he mentioned. Adani Group which spans from seaports to electrical energy technology and transmission, pure fuel distribution, mining, copper manufacturing, airports, information centre and commodities enterprise, has a capital expenditure outlay of Rs 1.2 lakh crore for 2024-25 fiscal (April 2024 to March 2025). The group’s renewable vitality plans are probably the most bold by any company within the nation which is concentrating on to generate 500 GW of electrical energy from non-fossil sources by 2030 as a part of a broader plan of attaining net-zero emissions by 2070. Khavda, unfold over 538 sq. kilometres which is the equal of 5 occasions the realm that town of Paris does, will at peak generate 81 billion items that may energy complete nations resembling Belgium, Chile and Switzerland. AGEL’s different undertaking websites are in Rajasthan and Tamil Nadu. The huge clear energy technology park is situated in barren land near the border with Pakistan. Jaain mentioned the 30 GW deliberate at Khavda would comprise 26 GW of photo voltaic and 4 GW of wind capability. AGEL’s current operational portfolio contains 7,393 MW photo voltaic, 1,401 MW wind and a pair of,140 MW wind-solar hybrid capability. Its present portfolio of 10,934 MW, which can energy greater than 5.8 million houses and keep away from about 21 million tonnes of carbon dioxide emissions yearly, represents round 11 per cent of India’s put in utility-scale photo voltaic and wind capability, contributing over 15 per cent of the nation’s utility-scale photo voltaic installations. The renewable vitality push comes because the apples-to-airport conglomerate shrugs off the impression of Hindenburg Analysis that in January final yr printed allegations that Adani firms had engaged in share value manipulation and accounting fraud. The group has refuted all allegations, which induced the mixed market capitalisation of its listed firms to fall by USD 150 billion at their worst level. Its chairman Gautam Adani has in current months said that the group’s stability sheet was “healthier than ever before”. Within the fast aftermath of the short-seller report, Adani has reassured buyers and bondholders by slowing some funding plans, paying down share-backed debt and promoting stakes to outdoors backers, together with Florida-based funding agency GQG Companions. However now it’s again to its breakneck velocity growth, switching back-to-back offers together with one with Reliance Industries Ltd of rival billionaire Mukesh Ambani.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Vital milestone for Adani Group! Adani Inexperienced Power has develop into Indiaās first firm to have 10,000 MW renewable power capability. Gautam Adani, Chairman of the Adani Group, expressed pleasure within the achievement stating, āWe are proud to be India’s first das hazari in the renewables space.āAdani Inexperienced Power Ltd on Wednesday stated it has commissioned 2,000 MW of photo voltaic capability on the Khavda photo voltaic park in Gujarat.This accomplishment has propelled the corporate to develop into the primary in India to surpass 10,000 MW of renewable power capability.With an operational portfolio of 10,934 MW, Adani Inexperienced Power Ltd now holds the biggest renewable power capability in India. Within the fiscal yr 2024, the corporate added 2,848 MW of renewable capability. The operational portfolio contains 7,393 MW of photo voltaic, 1,401 MW of wind, and a pair of,140 MW of wind-solar hybrid capability, states a PTI report.The corporate goals to realize 45 GW of renewable power by 2030. This operational portfolio is anticipated to energy over 5.8 million houses and keep away from roughly 21 million tonnes of CO2 emissions yearly.Additionally Learn |Indiaās Mission 2047: How India goals to develop into a developed economic system – excessive velocity expressways, electrical mobility, digital funds & moreGautam Adani highlighted the corporate’s speedy progress from conceptualizing clear power to reaching 10,000 MW in put in capability. āIn less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing from a mere idea to explore clean energy to achieving a phenomenal 10,000 MW in installed capacity. This achievement is a demonstration of the rapidity and scale at which the Adani Group aims to facilitate India’s transition to clean, reliable and affordable energy,ā he was quoted as saying.Adani Inexperienced Power Ltd is working in direction of a forty five,000 MW goal by 2030, together with the event of a 30,000 MW renewable power plant in Khavda.Additionally Learn | Sturdy present by Indian economic system! IMF ups India GDP forecast; excellent news for Pakistan tooThe firm additionally emphasised its dedication to sustainability, with its working portfolio being ‘single-use plastic free’, ‘zero waste-to-landfill’, and ‘water optimistic’ for vegetation exceeding 200 MW capability. The Khavda plant, unfold throughout 538 sq. kilometers, is a large mission that has operationalized 2,000 MW of photo voltaic capability inside a yr. The work at Khavda is progressing swiftly, leveraging the experience of varied divisions throughout the Adani Group, it stated.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Adani Ports & Particular Financial Zone (APSEZ) Ltd. reported its highest-ever month-to-month cargo quantity of 38 million metric tonnes (MMT) in March, it mentioned in an alternate submitting. With this, the corporate has dealt with 420 MMT cargo globally within the monetary 12 months 2024, nicely above the 370-390 MMT it had guided for in January this 12 months. Adani Ports revised its monetary 12 months 2024 steerage in January to 370-390 MMT from 350=370 MMT earlier.Of the entire cargo quantity, the corporate’s home ports contributed over 408 MMT of cargo.On a year-on-year foundation, Adani Ports’ complete cargo quantity grew by 24% for the monetary 12 months 2024.Eight of the corporate’s ports, or 84% of the entire portfolio by quantity, reported double-digit progress.Greater than 1 / 4 of India’s cargo volumes within the monetary 12 months 2024 had been routed via ports managed by the Adani Group firm.”While it took 14 years for the company to achieve the first 100 MMT of annual cargo throughput, the second and third 100 MMT throughputs were achieved in five years and three years,” mentioned Adani Ports’ Managing Director Karan Adani. The most recent 100 MMT got here in lower than two years.Final week, Adani Ports introduced the acquisition of a 95% stake in Gopalpur Ports, nearly all of which was acquired from the Shapoorji Pallonji Group. This was accomplished at an enterprise worth in extra of ā¹3,000 crore.The acquisition of Gopalpur Ports made it the 14th port underneath the Adani Group’s management in India. It additionally operates the Haifa Port in Israel. The corporate at the moment has a presence in seven maritime states together with Gujarat, Maharashtra, Tamil Nadu, Goa and Kerala.Shares of Adani Ports are on the day’s excessive, at the moment buying and selling 2% greater at ā¹1,366. The inventory is up 118% during the last 12 months.First Printed:Ā Apr 1, 2024 10:00 AM IST
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Adani: Adani Group opened a USD 1.2 billion copper plant, purchased a port in Odisha, raised stakes in a cement firm and stitched an alliance with rival Mukesh Ambani’s Reliance Industries, all in a matter of 1 week in indicators that the apples-to-airport conglomerate has shrugged off the Hindenburg impact and is again to speedy enlargement spree.Within the final one week, Adani Group has via regulatory filings and press statements introduced expansions and investments in its mainstay ports enterprise, diversification into metallic refining, fund infusion right into a two-year-old cement foray and persevering with progress within the commissioning of its mega photo voltaic venture.It began with the March 26 announcement of Adani Ports buying a 95 per cent stake in Gopalpur Port for Rs 3,350 crore, taking the variety of seaports below its management to fifteen – the very best with any non-public agency within the nation.This was adopted by Adani Enterprises Ltd – the group’s flagship agency and enterprise incubator – saying on March 28 the primary part of the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, marking the conglomerate’s foray into metals refining.The USD 1.2 billion (about Rs 10,000 crore) plant helped India be part of China and different nations which are quickly increasing manufacturing of copper, a metallic essential for transition away from fossil fuels. Applied sciences important to the vitality transition like electrical autos (EVs), charging infrastructure, photo voltaic photovoltaics (PV), wind and batteries, all require copper.On the identical day, group promoter Gautam Adani and his household invested Rs 6,661 crore in Ambuja Cements to lift a stake within the nation’s second-largest cement firm to 66.7 per cent because it seemed well-positioned to profit from the nation’s infrastructure growth.A day later, Adani Inexperienced Vitality Ltd – the renewable vitality arm of the group – introduced the beginning of operation of its 775-megawatt solar energy tasks in Khavda, Gujarat. Khavda is the location the place it’s constructing an unlimited photo voltaic farm to generate 30 gigawatts of electrical energy from photo voltaic rays as a part of its plans to achieve 45 GW capability by 2030.Additionally taking place on March 28 was Mr Adani and his usually perceived rival billionaire Mukesh Ambani collaborating for the primary time, when Reliance Industries picked up a 26 per cent stake in Adani Energy’s Madhya Pradesh energy venture for Rs 50 crore and signed a pact to make use of the vegetation’ 500 MW of electrical energy for captive use.The 2 businessmen hailing from Gujarat have usually been pitted by media and commentators in opposition to one another, however they’ve for years tiptoed round one another to achieve the highest two rungs of Asia’s wealth ladder.With Mr Ambani’s pursuits throughout oil and gasoline to retail and telecom and Mr Adani’s deal with infrastructure spanning seaports to airports, coal and mining, they not often crossed one another’s path besides within the clear vitality enterprise, the place the 2 have introduced multi-billion investments.Adani Group aspires to be the world’s largest renewable vitality producer by 2030, whereas Reliance is constructing 4 gigafactories at Jamnagar in Gujarat — one every for photo voltaic panels, batteries, inexperienced hydrogen, and gasoline cells. Adani Group can also be constructing three giga factories for manufacturing photo voltaic modules, wind generators and hydrogen electrolysers.A conflict was additionally forecast when the Adani Group utilized to take part in an public sale of spectrum or airwaves able to carrying fifth-generation (5G) knowledge and voice providers. Nonetheless, not like Mr Ambani, Mr Adani purchased a 400 MHz spectrum within the 26 GHz band, which isn’t for public networks.Quite the opposite, the 2 have been removed from rivals. In 2022, a agency with erstwhile hyperlinks to Mr Ambani offered its stake in information broadcaster NDTV to Mr Adani, paving the way in which for the takeover.The bulletins within the final one week are indicators that Mr Adani is again on an enlargement spree, analysts mentioned.These developments happened 14 months after Hindenburg Analysis accused the Adani Group of “brazen stock manipulation” and accounting fraud, resulting in a inventory market rout that erased about USD 150 billion in market worth at its lowest level.The rout in inventory costs following the allegations, which the group denied, value tycoon Gautam Adani his place because the world’s second-richest man.Within the months following the Hindenburg report, the conglomerate redrew its technique, together with trimming debt via prepayments and repayments of borrowings, paring the founder’s share pledge and bringing in promoter and marquee investor fairness.The technique appears to be paying off, with the share costs of the ten listed firms recovering the entire Hindenburg losses.The group’s revenues have continued to develop, serving to it scale back debt, meet monetary obligations, increase stability and make strategic investments to additional its development and enlargement plans.Adani Group has raised over USD 5 billion (Rs 41,500 crore) in fairness and double of that in debt for the reason that Hindenburg report.Star investor GQG Companions purchased stakes value virtually USD 4.3 billion in 5 group firms between March and August 2023, whereas Qatar Funding Authority (QIA) and French vitality big TotalEnergies poured in USD 770 million in renewable vitality agency Adani Inexperienced Vitality Ltd, based on firm filings and inventory change knowledge.Parallelly, the promoters infused USD 4.6 billion to repay loans in opposition to shares, servicing loans taken for cement acquisitions and supporting inexperienced investments.Even earlier than final week’s announcement, it had been doing mergers and acquisitions (M&As), buying Sanghi cement for USD 431 million, 49.38 per cent in Indian Oil Tanking for USD 128 million, Karaikal port for USD 181 million, and Coastal Energen for USD 420 million, submitting and inventory change knowledge confirmed.Adani Group has deliberate a Rs 7 lakh crore capital expenditure over the subsequent decade for increasing its infrastructure enterprise, based on a latest investor presentation by the corporate administration.Ā (Aside from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
NEW DELHI: Adani Inexperienced Power has formally began working its 775 megawatt solar energy initiatives in Khavda, Gujarat after receiving essential clearances.The corporate stated that by means of its subsidiaries, it has efficiently activated the 775 MW solar energy initiatives in Gujarat. The choice to kickstart the plant and start energy technology was made at 00:12 am on March 29, 2024. Being part of the Adani Group, AGEL holds the title for the most important renewable portfolio operational in India, spanning 12 states.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
MUMBAI: Billionaire Gautam Adani-controlled Adani Group has infused Rs 6,661 crore in Ambuja Cements and raised its stake by 3.6% to 66.7%, an organization launch mentioned. Harmonia Commerce & Funding, an arm of the group, transformed 21.2 crore warrants into shares on the price of Rs 314 per share. In Thursday’s robust market, Ambuja Cements inventory on the BSE closed at Rs 612, up 1.8% on the day.This funding by the promoters will present it “with enhanced capabilities to pursue its ambitious growth plans and capitalise on emerging opportunities in the market”, the discharge mentioned.In Oct 2022, the promoter group had infused Rs 5,000 crore into the cement main, the second largest within the nation when it comes to capability, by subscribing to the warrants which have been now transformed into fairness shares. The fund’s infusion can be instrumental for the cement enterprise of Adani Group, which has plans to boost its capability to 140 million tonnes every year by 2028, the discharge famous. Ambuja Cements additionally owns a controlling stake in one other cement main, ACC.On Thursday, the board of the Ambuja Cements authorised the allotment of 21.2 crore fairness shares of the corporate by changing the warrants.”With this, the promoters have infused Rs 11,661 crore in Ambuja Cements post-acquisition, giving (the company) capital flexibility for accelerated growth, capital management initiatives and best-in-class balance sheet strength to accomplish its various strategic initiatives,” the discharge mentioned. Ambuja Cements CEO Ajay Kapur mentioned, “It is not only the testament to steadfast belief in our vision and business model but also reinforces our commitment to delivering long-term sustainable value-creation to our stakeholders and this shall propel us towards setting new benchmarks,” he mentioned.Ambuja, with its subsidiaries ACC, has the capability to supply 77.4 million tonnes of cements yearly from 18 built-in cement manufacturing vegetation and 18 cement grinding items throughout the nation, in keeping with experiences. It had just lately acquired Sanghi Industries.In Sept 2022, Adani Group has acquired controlling stakes of Ambuja Cement from Swiss agency Holcim for money proceeds of $6.4 billion (about Rs 51,000 crore). Later, it had additionally launched a Rs 31,000 crore open supply for the acquisition of 26 per cent extra stakes from public shareholders.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Within the first collaboration between rival billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy undertaking of Gautam Adani, and signed a pact to make use of the vegetation’ 500 MW of electrical energy for captive use.
Reliance will choose up 5 crore fairness shares in Mahan Energen Ltd, an entirely owned subsidiary of Adani Energy Ltd, of face worth ā¹10 at par ( ā¹50 crore).
Ā
Milestone Alert!
Livemint tops charts because the quickest rising information web site on this planet Click on right here to know extra.
Unlock a world of Advantages! From insightful newsletters to real-time inventory monitoring, breaking information and a personalised newsfeed ā it is all right here, only a click on away! Login Now!
Catch all of the Company information and Updates on Reside Mint.
Obtain The Mint Information App to get Day by day Market Updates & Reside Enterprise Information.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to make use of the crops’ 500 MW of electrical energy for captive use.Reliance will choose up 5 crore fairness shares in Mahan Energen Ltd, a completely owned subsidiary of Adani Energy Ltd, of face worth Rs 10 at par (Rs 50 crore) and can use 500 MW of technology capability for captive use, the 2 corporations stated in separate inventory trade filings.The 2 businessmen hailing from Gujarat have typically been pitted by media and commentators in opposition to one another however they’ve for years tiptoed round one another to succeed in the highest two rungs of Asia’s wealth ladder.With Mr Ambani’s pursuits spanning oil and gasoline to retail and telecom and Mr Adani’s give attention to infrastructure spanning sea ports to airports, coal and mining, they hardly ever crossed one another’s path besides within the clear vitality enterprise the place the 2 have introduced multi-billion investments.Mr Adani aspires to be the world’s largest renewable vitality producer by 2030 whereas Reliance is constructing 4 gigafactories at Jamnagar in Gujarat — one every for photo voltaic panels, batteries, inexperienced hydrogen, and gas cells.Mr Adani can also be constructing three giga factories for manufacturing photo voltaic modules, wind generators and hydrogen electrolysers.A conflict was additionally forecast when Adani group utilized to take part in an public sale of spectrum or airwaves able to carrying fifth technology (5G) information and voice companies. Nevertheless, in contrast to Mr Ambani, Mr Adani purchased 400 MHz spectrum within the 26 GHz band, which isn’t for public networks.Quite the opposite, the 2 have been removed from rivals. In 2022, a agency with erstwhile hyperlinks to Mr Ambani offered its stake in information broadcaster NDTV to Adani, paving the best way for the takeover.Adani was additionally current at pre-wedding celebrations of Ambani’s youngest son, Anant, at Jamnagar earlier this month.”Mahan Energen Ltd (MEL), wholly owned subsidiary of Adani Power Ltd (APL), has entered into a 20-year long-term power purchase agreement (PPA) for 500 MW with Reliance Industries Ltd (RIL), under the captive user policy as defined under the Electricity Rules, 2005,” Adani Energy stated within the submitting.One unit of 600 MW capability of MEL’s Mahan thermal energy plant, out of its mixture working and upcoming capability of two,800 MW, will probably be designated because the captive unit for this function.A producing plant declared as a captive producing plant (CGP) is required to abide by the principles that state that the captive person(s) consuming the facility generated from the captive producing plant for self-use should essentially maintain not lower than 26 per cent of the possession within the captive producing firm.”In order to avail the benefit of this policy, RIL has to hold a 26 per cent ownership stake in the captive unit in proportion to the total capacity of the power plant. It will accordingly invest in 5 crore equity shares of MEL, aggregating to Rs 50 crore for the proportionate ownership stake,” the submitting stated.”This development brings between two corporates an exclusive arrangement for 500 MW of power purchase by Reliance Industries on a long-term basis.” It’s unclear the place Reliance intends to make use of the MEL energy. It already has captive items at mega oil refining and petrochemical complexes in Gujarat and Maharashtra and its coal-bed methane (CBM) extractions in Sohagpur in Madhya Pradesh could not want 500 MW of electrical energy.”In this connection, APL, MEL, and RIL have signed an investment agreement on 27th March 2024 at 7:00 pm. Closing of the transaction is subject to customary closing conditions including receipt of requisite approvals,” Adani Energy stated.Reliance within the submitting made an analogous disclosure, including, “MEL, a company engaged in generation and supply of power, was incorporated on October 19, 2005. The turnover of MEL, as per its audited standalone financial statement, for financial years 2022-23, 2021-22 and 2020-21 was Rs 2,730.68 crore, Rs 1,393.59 crore and Rs 692.03 crore, respectively.””The investment is subject to customary conditions precedent including receipt of requisite approvals by MEL and is expected to be completed within 2 weeks of receipt of completion of conditions precedent and receipt of such approvals by MEL,” it added.Ā (Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in an Adani Energy projectNew Delhi: Within the first collaboration between billionaires, Mukesh Ambani’s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh energy challenge of Gautam Adani, and signed a pact to make use of the vegetation’ 500 MW of electrical energy for captive use.Reliance will choose up 5 crore fairness shares in Mahan Energen Ltd, a completely owned subsidiary of Adani Energy Ltd, of face worth Rs 10 at par (Rs 50 crore) and can use 500 MW of era capability for captive use, the 2 companies stated in separate inventory change filings.The 2 businessmen hailing from Gujarat have usually been pitted by media and commentators towards one another however they’ve for years tiptoed round one another to achieve the highest two rungs of Asia’s wealth ladder.With Mr Ambani’s pursuits spanning oil and fuel to retail and telecom and Mr Adani’s concentrate on infrastructure spanning sea ports to airports, coal and mining, they not often crossed one another’s path besides within the clear vitality enterprise the place the 2 have introduced multi-billion investments.Mr Adani aspires to be the world’s largest renewable vitality producer by 2030 whereas Reliance is constructing 4 gigafactories at Jamnagar in Gujarat — one every for photo voltaic panels, batteries, inexperienced hydrogen, and gas cells.Mr Adani can also be constructing three giga factories for manufacturing photo voltaic modules, wind generators and hydrogen electrolysers.A conflict was additionally forecast when Adani group utilized to take part in an public sale of spectrum or airwaves able to carrying fifth era (5G) knowledge and voice providers. Nevertheless, not like Mr Ambani, Mr Adani purchased 400 MHz spectrum within the 26 GHz band, which isn’t for public networks.Quite the opposite, the 2 have been removed from rivals. In 2022, a agency with erstwhile hyperlinks to Mr Ambani bought its stake in information broadcaster NDTV to Adani, paving the way in which for the takeover.Adani was additionally current at pre-wedding celebrations of Ambani’s youngest son, Anant, at Jamnagar earlier this month.”Mahan Energen Ltd (MEL), wholly owned subsidiary of Adani Power Ltd (APL), has entered into a 20-year long-term power purchase agreement (PPA) for 500 MW with Reliance Industries Ltd (RIL), under the captive user policy as defined under the Electricity Rules, 2005,” Adani Energy stated within the submitting.One unit of 600 MW capability of MEL’s Mahan thermal energy plant, out of its combination working and upcoming capability of two,800 MW, can be designated because the captive unit for this function.A producing plant declared as a captive producing plant (CGP) is required to abide by the foundations that state that the captive consumer(s) consuming the facility generated from the captive producing plant for self-use should essentially maintain not lower than 26 per cent of the possession within the captive producing firm.”In order to avail the benefit of this policy, RIL has to hold a 26 per cent ownership stake in the captive unit in proportion to the total capacity of the power plant. It will accordingly invest in 5 crore equity shares of MEL, aggregating to Rs 50 crore for the proportionate ownership stake,” the submitting stated.”This development brings between two corporates an exclusive arrangement for 500 MW of power purchase by Reliance Industries on a long-term basis.” It’s unclear the place Reliance intends to make use of the MEL energy. It already has captive items at mega oil refining and petrochemical complexes in Gujarat and Maharashtra and its coal-bed methane (CBM) extractions in Sohagpur in Madhya Pradesh might not want 500 MW of electrical energy.”In this connection, APL, MEL, and RIL have signed an investment agreement on 27th March 2024 at 7:00 pm. Closing of the transaction is subject to customary closing conditions including receipt of requisite approvals,” Adani Energy stated.Reliance within the submitting made the same disclosure, including, “MEL, a company engaged in generation and supply of power, was incorporated on October 19, 2005. The turnover of MEL, as per its audited standalone financial statement, for financial years 2022-23, 2021-22 and 2020-21 was Rs 2,730.68 crore, Rs 1,393.59 crore and Rs 692.03 crore, respectively.””The investment is subject to customary conditions precedent including receipt of requisite approvals by MEL and is expected to be completed within 2 weeks of receipt of completion of conditions precedent and receipt of such approvals by MEL,” it added.Ā (Aside from the headline, this story has not been edited by NDTV workers and is printed from a syndicated feed.)(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
AHMEDABAD: Billionaire Gautam Adani-led conglomerate, Adani Group, on Thursday introduced that it has begun manufacturing at its copper manufacturing plant in Mundra. In keeping with the corporateās regulatory submitting, the corporate has began its copper manufacturing plant, which is the world’s largest single-location copper manufacturing plant. The plant is operated by Kutch Copper, which is a wholly-owned subsidiary of the ports-to-power conglomerateās flagship firm, Adani Enterprises Restricted.AEL has invested about $1.2 billion to arrange a copper smelter with 0.5 million tonne each year (MTPA) capability within the first section.The plant is predicted to create 2,000 direct and 5,000 oblique employment alternatives, Adani mentioned in its inventory change submitting.āWith Kutch Copper commencing operations, the Adani portfolio of companies is not only entering the metals sector but also driving India’s leap towards a sustainable and Aatmanirbhar (self-reliant) future,ā mentioned Adani Group chairman, Gautam Adani.āWe believe the domestic copper industry will play a crucial role in achieving our nationās goal of carbon neutrality by 2070 by strengthening our green infrastructure hand in hand with mature environmental stewardship. When commissioned, our modern smelter will set new benchmarks in copper production, with an enhanced thrust on innovative green technology,ā he added.The demand for copper might be pushed by renewable vitality, electrical autos, charging infrastructure, and the event of energy transmission and distribution networks. Kutch Copper is working in direction of establishing Kutch Copper Tubes Restricted as a part of its ahead integration technique so as to add copper tubes to its portfolio. The tubes will cater to functions in air-con and refrigeration.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
NEW DELHI: Billionaire Gautam Adani-led group on Thursday introduced the beginning of the primary section of the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, which is able to assist reduce India’s dependence on imports and support vitality transition.Kutch Copper, a subsidiary of group’s flagship agency Adani Enterprises Ltd, “commissioned the first phase” of USD 1.2 billion “greenfield copper refinery by dispatching the maiden batch of cathodes to customers”, the corporate mentioned in a press release.The primary section of the power that may produce 0.5 million tonnes a yr of refined copper has began operations and full-scale 1 million tonnes capability is anticipated by FY29 (March 2029).India joins China and different nations which might be quickly increasing manufacturing of copper, a metallic essential for transition away from fossil fuels. Applied sciences essential to the vitality transition like electrical autos (EVs), charging infrastructure, photo voltaic photovoltaics (PV), wind and batteries, all require copper.”On completion of the second phase, Kutch Copper, with 1 million tonnes per annum, will be the world’s largest single-location custom smelter, benchmarking ESG performance standards while leveraging state-of-the-art technology and digitalisation,” the assertion mentioned.It can create 2,000 direct and 5,000 oblique employment alternatives.India’s per capita copper consumption is estimated round 0.6 kg in comparison with the worldwide common of three.2 kg. India’s drive in direction of clear vitality methods, growing penetration of electrical autos and a bunch of related purposes are anticipated to double the home copper demand by 2030.The Adani Group is investing closely in vitality transition, by which copper will play an important position. It’s increasing into adjoining areas of its present capabilities, which makes the copper enterprise a strategic match.”With Kutch Copper commencing operations, the Adani portfolio of companies is not only entering the metals sector but also driving India’s leap towards a sustainable and aatmanirbhar (self-reliant) future,” mentioned Gautam Adani, Chairman of the Adani Group. “Our speed of execution in this ambitious, super-sized project underscores our commitment to take India to the forefront of the global copper sector.”He mentioned the home copper business will play a vital position in reaching the nation’s objective of carbon neutrality by 2070. “When (fully) commissioned, our modern smelter will set new benchmarks in copper production, with an enhanced thrust on innovative green technology.”Kutch Copper is working in direction of establishing Kutch Copper Tubes Restricted as a part of its ahead integration technique so as to add copper tubes to its portfolio, the assertion mentioned, including the tubes will cater to purposes in air con and refrigeration.Copper is the third most used industrial metallic after metal and aluminium, and its demand is rising on the again of fast-growing renewable vitality, telecom, electrical autos, charging infrastructure, and the event of energy transmission and distribution networks.India’s copper manufacturing has been unable to satisfy this demand, and home provide disruptions have led to a better dependency on imported copper.Imports have been persistently on the rise for the previous 5 years. For FY23 (April 2022 to March 2023 fiscal), India imported a document 1,81,000 tonnes of copper, whereas exports plummeted to a document low of 30,000 tonnes, even decrease than the Covid pandemic interval, in response to the federal government knowledge.The nation is estimated to have consumed 7,50,000 tonnes of copper in FY23 (612 KT in FY22). The quantity is anticipated to rise to 1.7 million tonnes by 2027 on the again of big demand from the inexperienced vitality business.World demand for copper from photo voltaic photovoltaic (PV) installations alone is estimated to double to 2.25 million tonnes within the present decade.Adani group, which is quickly rising its renewable portfolio, will probably be a big client of the purple metallic.”The technology used by Kutch Copper is engineered to have the lowest carbon footprint. One-third of the plant area has been designated as green belt space, and 15 per cent of the capital has been allocated towards environmental protection. To minimise the ecological impact, the plant has implemented a zero-liquid discharge model and uses desalinated water for operations. It also recycles treated wastewater within processes to reduce waste,” the assertion added.Adani Group’s foray into copper manufacturing is a pure extension of its buying and selling, mining, logistics, infrastructure, and manufacturing companies.Kutch Copper will produce copper cathodes and rods in addition to useful byproducts similar to gold, silver, selenium and platinum.Moreover, the built-in complicated will produce sulphuric acid, which is a key uncooked materials for manufacturing phosphatic fertilizers, detergents, prescription drugs, speciality chemical compounds, paper and sugar bleaching, and water remedy. India imports roughly two million tonnes of sulphuric acid.The plant will produce 500,000 tonnes of refined copper each year in Section I with byproducts — practically 25 tonnes of gold, 250 tonnes of silver, 1.5 million tonnes of sulphuric acid, and 250,000 tonnes of phosphoric acid. The Section II enlargement will improve the refined copper capability as much as 1 million tonnes each year, sources mentioned.Adani’s copper plant comes at a time when Vedanta Ltd is searching for to reopen a long-shuttered 400,000 tonnes plant at Tuticorin in Tamil Nadu. The nation’s largest copper smelter is presently operated by Hindalco Industries Ltd, which additionally has a capability of 0.5 million tonnes.Globally, copper manufacturing is extra concentrated than oil. The 2 prime producers — Chile and Peru — account for 38 per cent of world manufacturing.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
AHMEDABAD: Adani Ports and Particular Financial Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday introduced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to amass the stake for an fairness worth of Rs 1,349 crore and an enterprise worth of Rs 3,080 crore.The transfer will assist increase APSEZās presence alongside the japanese coast of India.Along with the enterprise worth, there’s a contingent consideration of Rs 270 crore estimated to be payable after 5.5 years, topic to fulfilment of sure circumstances as agreed with the sellers.Gopalpur port is situated on the east coast of India and has the capability to deal with 20 MMTPA. As a deep draft, multi-cargo port, Gopalpur handles a various mixture of dry bulk cargo, together with iron ore, coal, limestone, ilmenite, and alumina. The port performs an essential function in supporting the expansion of mineral-based industries in its hinterland, like iron & metal, alumina, and others. The concessionaire has full flexibility to design and increase the port as per the market demand. Karan Adani, MD, APSEZ, mentioned, āThe acquisition of Gopalpur Port will allow us to deliver more integrated and enhanced solutions to our customers. Its location will allow us unprecedented access to the mining hubs of Odisha and neighbouring states and allow us to expand our hinterland logistics footprint.ā
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
NEW DELHI: Adani Inexperienced Power Gallery on Tuesday opened on the Science Museum in London, which explores how renewable vitality might help deal with local weather change.Describing the opening as red-letter day, Gautam Adani in a put up on X mentioned, “Today is a red-letter day that marks the opening of The Adani Green Energy Gallery at the Science Museum in London. We are proud of the partnership with the Science Museum, led by Sir Timothy Laurence and Sir Ian Blatchford, that made this stunning gallery a reality.This gallery will serve as a pivotal public space in the understanding of sustainability, transformative technology and climate science. #SustainableFuture.”‘Power Revolution: The Adani Inexperienced Power Gallery’ will show the up to date and historic objects of UK and overseas, interactive digital reveals and commissioned fashions. The gallery will present how the previous, current and future are formed by human creativeness and innovation and explores the position of people in deciding our vitality future.Earlier talking on the Gallery opening Gautam Adani mentioned “This new gallery is about more than just clean air – or about moving away from oil and gas. It is about the energy transition we need – this world needs – and it is about the revolution that is taking place in the world of energy.””This gallery is special because it makes us think, dream and wish for change. It shows us how our world, our economy and our own lives can change for the better,” Adani added.The gallery on the Science Museum will three sections.Within the ‘Future Planet’ part, guests can discover how scientists use advanced computer-based fashions to know our planet, and what these inform us concerning the vary of local weather futures which may lie forward.Within the ‘Future Power’ part, applied sciences – and the folks behind them – which might be reimagining how vitality is provided and used are highlighted alongside historic artefacts which offer an extended view of the transition away from fossil fuels.’Our Future’ part seems to a brand new world that’s being dreamt up, with youngsters’s artistic concepts of how the world will meet its future vitality wants displayed with knowledgeable responses to them.’In per week once we are celebrating a report 2.25 million visits by UK residents to the museum, together with one million youngsters, this beautiful gallery provides much more to ignite curiosity amongst those that will go to within the yr forward – upsetting essential conversations concerning the pressing want for the world to generate and use vitality extra sustainably” Sir Ian Blatchford, Director and Chief Govt of the Science Museum Group, mentioned.Power Revolution was designed by award-winning architects, Unknown Works. A key ingredient of sustainable design was the reuse of redundant cabinets from the Science Museum’s former object retailer. The gallery’s carbon footprint has been monitored, and recyclable aluminum was used the place potential.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
NEW DELHI: Port main Adani Group has elevated its presence on the east coast with Adani Ports coming into right into a definitive settlement to accumulate Gopalpur Port Restricted (GPL) at an enterprise worth of Rs 3,080 crore. Gopalpur is a road-rail related port with capability of 20 MMTPA and vital potential for growth.Adani Ports and Particular Financial Zone Ltd (APSEZ), Indiaās largest ports and logistics firm, will buy the 56% stake of SP Group and 39% of Orissa Stevedores Restricted (OSL) in GPL.The acquisition is anticipated to drive synergy with the key’s present ports and strengthen its presence on the East Coast. The transaction is topic to statutory approvals and fulfilment of different situations precedents.Odisha authorities had awarded a 30-year concession to GPL in 2006, with the supply of two extensions of 10 years every. Along with the enterprise worth acknowledged above there’s a contingent consideration of Rs 270 crore estimated to be payable after 5.5 years, topic to fulfilment of sure situations as agreed with the sellers.”As a deep draft, multi-cargo port, Gopalpur handles a diverse mix of dry bulk cargo, including iron ore, coal, limestone, ilmenite, and alumina. The port plays an important role in supporting the growth of mineral-based industries in its hinterland, like iron & steel, alumina and others. The concessionaire has full flexibility to design and expand the port as per the market demand. GPL has received more than 500 acres of land on lease for development, with an option to receive additional land on lease to meet future capacity expansions,” APSEZ stated in an announcement.APSEZ MD Karan Adani stated: āThe acquisition of Gopalpur Port will allow us to deliver more integrated and enhanced solutions to our customers. Its location will allow us unprecedented access to the mining hubs of Odisha and neighboring states and allow us to expand our hinterland logistics footprint. GPL will add to the Adani Groupās pan-India port network, significantly enhance overall cargo volume, and strengthen APSEZās integrated logistics approach.āIn FYā24, GPL is dealt with about 11.3 MMT cargo (YoY progress – 52%) and earn a income of Rs 520 crore (YoY progress – 39%) and obtain EBITDA of Rs 232 cr (YoY progress – 65%). APSEZ is India’s largest port developer and operator with seven strategically positioned ports and terminals on the west coast (Mundra, Tuna, Dahej, and Hazira in Gujarat, Mormugao in Goa, Dighi in Maharashtra and Vizhinjam in Kerala) and seven ports and terminals on the East coast of India (Haldia in West Bengal, Dhamra in Odisha, Gangavaram and Krishnapatnam in Andhra Pradesh, Kattupalli and Ennore in Tamil Nadu and Karaikal in Puducherry, representing 27% of the nation’s whole port volumes. The corporate can be creating a transshipment port at Colombo and operates the Haifa Port in Israel. The corporate goals to be world’s largest ports and logistics platform within the subsequent decade.
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Mumbai: Shapoorji Pallonji Group is ready to promote its 56% stake in Gopalpur Port in Odisha to Adani Ports for an enterprise worth of Rs 3,000-3,300 crore, of which the fairness consideration is Rs 1,300 crore. In Dec 2023, the construction-to-real property group, led by Shapoor Mistry, had bought its 50% share in Dharamtar Port in Maharashtra to JSW Infrastructure.After the most recent deal, SP will probably be left with an under-construction port in Chhara, Gujarat. The share sale in Gopalpur is a part of SP’s technique to divest non-core property to pare debt of Rs 20,000 crore. Over the previous few years, the group has bought property price Rs 11,000 crore to strengthen its steadiness sheet. Subsequent on the playing cards is to promote part of its pursuits in engineering main Afcons Infrastructure by an IPO. Afcons, which SP had acquired from ICICI Financial institution, and which as we speak is price over $2 billion (Rs 16,685 crore), has been making ready itself for an IPO in current months. The final time a gaggle firm tapped the first market was Sterling and Wilson Renewable Vitality in August 2019. SP, which has constructed the Sultan of Oman’s palace and the Atal tunnel, had acquired Gopalpur Port from metallic dealer Sara Worldwide and entrepreneur Mahimananda Mishra of Orissa Stevedores in 2017. It subsequently turned the port’s efficiency round. At present, the port handles 12-15 million metric tonnes of cargo yearly. The remaining 44% stake within the port is held by Orissa Stevedores. As on Feb 14, 2023, the port had financial institution services of Rs 1,432 crore, based on credit score rater Care Edge. The deal will assist Adani Ports to increase its play, which in Q3FY24 dealt with 109 million metric tonnes of cargo. Throughout the identical interval, it had accomplished the acquisition of Karaikal Port in Puducherry and bought a 49% stake in Ennore Terminal to Switzerland’s Mediterranean Transport Firm. Adani Ports, the most important personal port community on the earth with a presence in India, Sri Lanka and Israel, is now seeking to enter Africa, a supply mentioned. SP and Adani Ports did not reply to requests for a remark. The Gopalpur Port deal comes simply after SP, which holds 18.4% stake in Tata Sons, bought its pursuits in information centre building enterprise to a gaggle of home traders. Most of its properties that it has bought has been purchased by marquee names reminiscent of Introduction (bought Eureka Forbes) Actis (thermal energy challenge in Bangladesh), Nationwide Funding and Infrastructure Fund (Jammu Udhampur freeway) and Reliance Industries (Sterling and Wilson Renewable Vitality).
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
Adani Group firms havenāt obtained any discover from the US Division of justice relating to a probe into whether or not the Indian conglomerate might have engaged in bribery, in accordance with alternate filings.Bloomberg Information reported final week, citing individuals with direct data of the matter, that US prosecutors have widened their probe of the Adani Group to give attention to whether or not an Adani entity might have engaged in bribery in addition to the conduct of the conglomerateās billionaire founder Gautam Adani. The probe, which can be taking a look at Indian renewable power firm Azure Energy International Ltd., is being dealt with by the US Lawyerās Workplace for the Jap District of New York and the Justice Divisionās fraud unit in Washington, the individuals mentioned.Gautam Adani, his firm and Azure havenāt been charged with wrongdoing by the DOJ, and investigations donāt all the time result in prosecutions. The DOJ can select to pursue its investigations with out notifying the events.Adani firms havenāt obtained āany notice from the Department of Justice of US in respect of the allegation referred to in the said article,ā listed Adani firms together with Adani Enterprises Ltd. and Adani Ports and Particular Financial Zone Ltd. mentioned in separate filings Monday. They known as the report āfalse.āREAD: US Prosecutors Broaden Adani Probe to Evaluate Potential BriberySeveral of Adani Groupās greenback bonds fell essentially the most in additional than a 12 months on Monday, and many of the groupās shares declined.āWe are not aware of any investigation against our chairman,ā Adani Group mentioned in an earlier response to questions from Bloomberg Information. āAs a business group that operates with the highest standards of governance, we are subject to and fully compliant with anti-corruption and anti-bribery laws in India and other countries.ā
Use our free SIP Calculator to estimate your investment returns, visualize compounding, and start building wealth today ā no sign-up required.
Why Use Our SIP Calculator?
Simple Inputs
Just enter your monthly investment, time period, and expected return rate.
Visual Growth Charts
See how your wealth grows month by month with powerful visuals.
Customizable Results
Test different scenarios to find the perfect investment plan for you.
Start Building Wealth Today
Don't wait to take control of your financial future. Let compounding do the work for you.
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
How I Turned ā¹5,000/month into ā¹6 Lakhs ā My 3-Year SIP Journey
In 2020, I was saving ā¹5,000/month with no real strategy. I stumbled into SIPs by chance. Today, that same habit has grown into ā¹6,12,000 ā and taught me 3 major lessons about compounding, patience, and mistakes I wish I avoided earlier.
š What Went Wrong in Year 1
In my first year, I panicked during a market dip and pulled out my SIP investments. That single move cost me potential gains and broke the compounding chain. I learned the hard way that reacting emotionally to market swings is a recipe for regret.
š Lesson Learned: Consistency Beats Timing
Missed rallies by being out of the market
Lost out on rupee cost averaging
Peace of mind improved with automation and discipline
š My Portfolio Before vs After
Before (2020)
Random savings in bank account
No real investment plan
Low returns (2-3% p.a.)
After (2023)
Disciplined SIPs in diverse mutual funds
Portfolio value: ā¹6,12,000
Average returns: 13-15% p.a.
š§ What Iād Do Differently If Starting Again
If I could start over, Iād set up my SIPs and forget about the daily market noise. Iād diversify a bit more, avoid panic-selling, and trust the process. Most importantly, Iād start even earlier ā because time is your biggest ally in compounding.
Start SIPs as early as possible
Stay consistent, ignore short-term volatility
Review portfolio annually, not monthly
Invest for long-term goals, not quick gains
The Supreme Court docket on Monday dismissed a plea of Adani Energy Rajasthan Ltd searching for over Rs 1,300 crore as late cost surcharge from the Jaipur Vidyut Vitran Nigam Restricted, a Rajasthan government-owned energy distribution agency. Imposing Rs 50,000 as price on Adani Energy Rajasthan Ltd (APRL), a bench comprising Justices Aniruddha Bose and PV Sanjay Kumar dominated that submitting of a miscellaneous utility was not the correct authorized recourse to late cost surcharge (LPS) by the Adani agency. “Relief of this nature (claiming LPS) cannot be asked in a miscellaneous application which was described in the course of the hearing as an application for clarification,” the bench mentioned. The price of Rs 50,000 imposed on APRL shall be deposited with the Supreme Court docket Authorized Assist Committee, Justice Bose mentioned whereas studying out the operative portion of the judgement. The detailed judgement is awaited. The highest court docket, on January 24, had reserved its judgement. The Jaipur Vidyut Vitran Nigam Restricted (JVVNL), represented by senior advocate Dushyant Dave, had vehemently opposed the plea of Adani Energy searching for over Rs 1,300 crore as LPS from the state discom. Whereas Abhishek Singhvi represented the Adani agency, Dave appeared for JVVNL. The Adani agency’s plea earlier than the bench was in information after the apex court docket had pulled up its registry for not itemizing the case for unspecified causes regardless of a judicial order to publish it. “The court proposes and the registry disposes. This cannot be done in the high courts. When registry defies court orders, should it not be viewed seriously? You should pass a judicial order,” Dave had submitted, prompting the bench to direct the registry to place up the case earlier than it on January 24 this 12 months. The Adani agency was searching for modification of a three-judge bench verdict delivered on August 30, 2020 on the plea of JVVNL by means of a miscellaneous utility which is filed in pending circumstances. The highest court docket, in its 2020 verdict, had upheld the orders of the Rajasthan Electrical energy Regulatory Fee and the Appellate Tribunal for Electrical energy, observing that the Adani agency was entitled to compensatory tariff however to not the LPS as claimed. The Adani agency has sought cost of Rs 1376.35 crore because the LPS “outstanding” since June 30, 2022 by way of the ability buy settlement. The state discom, JVVNL, has opposed the plea, saying it was filed in a case already determined by the highest court docket in 2020.