SDHI signs strategic MoU with Wheel & Time Shipping Transport Logistics
Swan Defence and Heavy Industries Ltd
(
SDHI
) has signed a strategic MoU with Wheel & Time Shipping Transport
Logistics
to launch a Fabrication, Assembly, Storage, and Transportation (F.A.S.T.) logistics facility at its
Pipavav shipyard
in Gujarat.
#Pahalgam Terrorist Attack
A Chinese shadow falls on Pahalgam terror attack case probe
How India can use water to pressure Pakistan
Buzzkill: How India can dissolve the Pakistan problem, not just swat it
The 600-acre site includes a 1.2 km waterfront, dry dock, robotic steel-cutting systems, and 1,600-tonne hydraulic presses, with a
fabrication capacity
of 10,000 tonnes per month. The facility handles the entire
value chain
on-site—from material import to shipment—reducing inland transport and vendor coordination.
The partnership targets sectors such as port equipment,
marine infrastructure
,
petrochemicals
,
offshore EPC
, and oil & gas.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Actress Spills Hollywood Trick For Slim Body: "We All Do It"
nutritiouslivingtips
Learn More
Undo
Vivek Merchant, Director, SDHI, said, 'Newbuilds, ship repairs, and heavy fabrication are central to SDHI's growth plans. This partnership with Wheel & Time enhances our heavy engineering operations. The F.A.S.T. logistics ecosystem allows EPC contractors and heavy industry players to concentrate on
innovation
and last-mile delivery, while we manage the complexities from fabrication to transportation.'
Gautamraj Sharma, MD, Wheel & Time, said, 'We believe our collaboration brings together the best of deep fabrication infrastructure and robust logistics know-how. The F.A.S.T. ecosystem will enable clients to de-risk projects and improve certainty across timelines, execution, and delivery.'
Live Events
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
an hour ago
- Mint
GST mop-up: The signals for India's economy & taxes
Goods and services tax (GST) collections are buoyant, exceeding ₹2 trillion in the past two months. Mint looks at what they indicate about the state of the economy. Is it time to go ahead with the overdue rationalization of GST rates? Also Read | Who is liable if a friendly chatbot 'abets' suicide? How good are the GST collections? In April, gross GST collection was at a record high of ₹2.36 trillion. It reflected the transactions in the month of March, which, being the last month of the fiscal, saw firms pushing sales to achieve their annual targets. Not many expected similar numbers in May as transactions in April typically suffer from the 'hangover effect' of strong March sales. But the May collection came at ₹2.01 trillion. If one normalized March collection of ₹1.96 trillion, which pertains to a 28-day February, GST revenues have exceeded ₹2 trillion for three straight months. In the six months preceding that, GST collections topped ₹1.75 trillion on average. Also Read | YouTubers vs ANI: Fair-use in the spotlight What do the buoyant GST numbers indicate? GST is the most accurate and broad-based barometer to measure domestic consumption in the economy. GST collections from domestic transactions have been rising. They grew 8.4% in December, 10.7% in April and 13.7% in May—further evidence of the fact that consumption in the economy is improving. Other indicators have suggested that rural demand, which had been subdued since the pandemic, has revived thanks to good monsoons and better crop realizations. Urban demand is also showing signs of revival as lower inflation and tax breaks have left more cash in the hands of people. What is the near-term outlook? Experts refrain from hazarding a guess as GST collection depends on how the economy is doing. But recent trends indicate a steady increase. In 2023-24, GST collections typically averaged around ₹1.4 trillion. Last year it was at ₹1.8 trillion levels. Given this, experts do not rule out ₹2 trillion per month as the new normal in the fiscal year 2025-26. Also Read | Dr AI is here, but will the human touch go away? The GST on imports is rising, is it a worry? It is unclear. GST on imports shot up 20.8% in April and 25.2% in May. This indicates a surge in imports. But the nature of imports is unclear—final products meant for domestic consumption or intermediary products for processing and re-export? The government does not share sectoral GST data. With the US imposing high tariffs on China, dumping of Chinese goods is a concern. At the same time, tariffs give India a competitive advantage. Surge in imports could be to meet higher export demand. Is it time for GST rate rationalization? Yes. The government has always maintained that the GST Council would initiate the simplification of the GST rate structure once the indirect tax stabilizes. Now that it has, the government should cut down the multiple rates that complicates the tax. Experts see the possibility of two changes. The 12% tariff rate, which accounts for less than 4% of GST revenue, could be ended and the compensation cess, levied on tobacco and auto sales, could end as of March 2026 or continue under a new name such as health cess or a green cess.
Time of India
an hour ago
- Time of India
Sagittarius Daily Horoscope Today, June 03, 2025: Creative power grows within discipline
Today brings a beautiful balance between imagination and structure. Your ideas are strong, but now they need routine to grow into reality. When you give your creativity a clear space to live—like a fixed time, a to-do list, or a simple habit—it starts shining even brighter. Dreams become plans when you add discipline. You are not losing freedom by adding order. You are giving your mind a steady path. Today, your strength lies in mixing art with method, flow with focus. Sagittarius Love Horoscope Today Love feels more stable when there's a bit of order. Passion is beautiful, but consistency gives it depth. If in a relationship, don't rely only on emotion—make time for each other with care. A planned date or shared daily ritual will bring you closer. If single, stop leaving everything to chance. Be clear about your intentions. A little effort with a routine—like checking messages on time or planning to meet—can create magic. Love thrives today when you mix heart with habit. Sagittarius Career Horoscope Today In your career, your creative spark is active, but success will only come with structure. Don't keep changing your approach. Pick one method and stay with it. Organise your time, keep track of deadlines, and commit to finishing what you start. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo A senior or colleague may notice this shift in your focus and offer support. If you're working on something new, put it on paper today. Once your idea meets planning, results will follow. Your career rises when your passion finds form. Sagittarius Money Horoscope Today Financial energy is strong today, but only if you keep it organised. You may have many plans—saving, investing, even earning more—but without proper tracking, it stays in your mind only. Make a small budget or review your past expenses. You will see patterns and find space to improve. Avoid emotional shopping and go with logic. One structured money decision today will bring long-term peace. Abundance grows when you treat money like a friend—with love and rules both. Sagittarius Health Horoscope Today Your body will thank you today if you follow a healthy routine. You may feel active and inspired, but energy can scatter without discipline. Eat meals on time, stay hydrated, and sleep early. Avoid skipping exercise or rushing meals. Headaches or tired eyes may appear due to imbalance in your schedule. Add structure to your day—even small breaks between tasks will help. Your mind is creative, but your body needs rhythm. Health improves when you move with discipline, not just desire. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Time of India
2 hours ago
- Time of India
NBA wives showdown: Vanessa Bryant vs. Savannah James — who's really got the bigger net worth in 2025?
Images via Getty Images NBA royalty isn't just about championships and slam dunks—it's also about the power women standing beside the legends. In 2025, two names are making waves far beyond the court: Vanessa Bryant and Savannah James. One built an empire after unimaginable loss; the other is thriving in her role as the driving force behind her husband's billion-dollar brand. Both women have beauty, brains, and businesses—so let's break down who's raking in more and how they've shaped their own financial legacies. What is Vanessa Bryant's net worth in 2025? According to Celebrity Net Worth, Vanessa Bryant 's net worth in 2025 is a whopping $600 million, and no, it's not just a case of inheriting a big fortune and calling it a day. When Kobe Bryant and their daughter Gianna passed away in a horrific helicopter crash back in 2020, Vanessa didn't just keep the lights on; she took charge. She turned heartbreak into hustle, stepping into Kobe's shoes and steering the legacy they built together into something even bigger. After Kobe passed, Vanessa ended up inheriting most of his estate, and that included way more than just a few paychecks from his Lakers days. We're talking over $300 million in NBA earnings alone, plus major endorsement deals with giants like Nike, McDonald's, and others. But the real jackpot? Kobe's early investment in BodyArmor. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Earn Upto 5k Daily By This Method of Intraday Trading TradeWise Learn More Undo When Coca-Cola swooped in and bought it for $5.6 billion, the Bryant estate walked away with nearly $400 million. That one move alone was a game-changer. Vanessa also took over as President and CEO of Granity Studios, the company Kobe founded to tell sports-inspired stories. Under her leadership, it has continued to create youth novels and media that preserve Kobe's vision. In 2021, she honored her daughter by launching the Mambacita clothing line in partnership with Dannijo, with all profits funneled into the Mamba and Mambacita Sports Foundation. The same foundation, renamed in honor of Kobe and Gianna, received Vanessa's $28.85 million legal settlement from Los Angeles County. 'All proceeds will go to the foundation,' she announced after settling the lawsuit over crash site photos. The foundation now empowers underserved youth athletes and continues the philanthropic vision Kobe and Vanessa began together. She also maintains a stunning real estate portfolio, with her family residing in a \$10 million mansion in California. From lawsuits and leadership to legacy, Vanessa's wealth reflects her iron will and heartfelt mission. What is Savannah James' net worth in 2025? Now let's talk Savannah James , LeBron James ' high school sweetheart turned philanthropic powerhouse. As of 2025, her net worth is estimated at $100 million, per Celebrity Net Worth. But don't let that number fool you, Savannah's role in the James empire is massive and multi-dimensional. Savannah James might turn heads courtside or in an occasional magazine spread, but there's more going on than meets the eye. She co-founded Home Court by LeBron James , a home decor line mixing style with function. And she's got heart—her mentorship program, Women of Our Future, connects her directly with girls in Akron, where she offers the kind of real-world support she once needed herself. While LeBron was out making NBA history, Savannah was busy doing her own thing—quietly expanding her reach behind the scenes. She co-manages many of LeBron's business interests, contributing to brand-building decisions behind the scenes. And when it comes to giving back, she's hands-on too, organizing the annual I PROMise Makeover and playing a huge role in the LeBron James Family Foundation. Her work might not always make headlines, but it definitely makes a difference. She even dipped into the wellness industry with The Juice Spot while living in Miami, proving her entrepreneurial chops early on. And in 2024, she made waves with her daughter Zhuri by launching a YouTube channel, expanding her influence in the digital space. Her influence may be quieter than Vanessa's high-profile legal victories and business leadership, but Savannah's impact is woven tightly into a billion-dollar basketball dynasty. Also Read: LeBron James gushes over Savannah James' jaw-dropping pre-Met Gala look as he shifts focus to family this offseason Vanessa Bryant and Savannah James have proven they're much more than just NBA wives—they're empire builders in their own lanes. Vanessa, with a staggering $600 million, has taken heartbreak and built a legacy that stretches across business, philanthropy, and storytelling. Savannah, with her quieter $100 million footprint, has played a strategic, steady hand in shaping the James brand, while staying deeply rooted in giving back to her community. Both are icons in their own right, but when it comes to net worth in 2025, Vanessa Bryant holds the crown as the NBA's wealthiest widow and a legacy builder like no other.
