G Square Salutes the Nation's Heroes Under the ‘Dream Land for Real Heroes' Scheme
To Get Exclusive Flat 15% Discount across all G Square Projects Chennai, Tamil Nadu, India (NewsVoir) G Square, India's largest real estate developer, is proud to announce a heartfelt initiative that pays tribute to the courageous and brave Indian Armed Forces who safeguard our nation. As a mark of deep respect and gratitude, G Square … Continue reading "G Square Salutes the Nation's Heroes Under the 'Dream Land for Real Heroes' Scheme"
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India.com
14 hours ago
- India.com
Why Chenab Bridge a big threat for Pakistan and China? Indian Army can now..., Ladakh is...
Chenab bridge- File image Chenab bridge: In a historic milestone for India's infrastructure development, Prime Minister Narendra Modi inaugurated the Chenab bridge on June 6 this month. The world's highest bridge not only serves as a medium to take trade and tourism to new heights in Kashmir, it also connects the rest of India with Jammu and Kashmir in all seasons. Here are the strategic reasons why the Chenab bridge would prove to be a infrastructural milestone for India For understanding the significance of the bridge, readers should know that after snowfall starts in Kashmir, the whole area is cutoff from the rest of India, causing major strategic issues for the Indian Armed Forces as well as day-to-day issues for common citizens. Moreover, the mobility of the Indian Army from Line of Control LoC (near Pakistan border) to Line of Actual Control LAC (near India-China border) is also restricted due to the snowfall in Kashmir. Solving all these problems in go, the recently inaugurated Chenab bridge will help achieve new heights to the country. Ensuring an all-weather access to sensitive regions like Ladakh, the bridge will provide a significant advantage for India against China. PM Modi inaugurates Chenab bridge Prime Minister Narendra Modi recently inaugurated the world's highest railway bridge over the Chenab river, which was completed at a cost of Rs 1,486 crore in more than eight years. After the Chenab bridge, Modi also inaugurated India's first cable-stayed rail bridge over the river Anji. The prime minister then walked on the Chenab rail bridge holding the tricolour. As per a report by PTI, PM Modi travelled in a rail engine coach to reach the spot before the inauguration. The report also said that Railway Minister Ashwini Vaishnaw, Jammu and Kashmir Lieutenant Governor Manoj Sinha, and Chief Minister Omar Abdullah were present on the occasion. As the Modi government completes 11 years in office, people in Jammu pointed to projects like the construction of the Chenab railway bridge and the completion of the Katra to Srinagar rail link as symbols of new progress in the region. (With inputs from agencies)
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Business Standard
15 hours ago
- Business Standard
HDFC Life declares its highest-ever bonus of ₹4,102 cr for policyholders
HDFC Life Declares Rs. 4102 Cr. Bonus for Policyholders Mumbai, Maharashtra, India (NewsVoir) HDFC Life, one of India's leading life insurers, has announced a bonus of Rs. 4102 cr. in the Company's Board Meeting held on 17th April, 2025. This is the highest ever bonus declared by HDFC Life on its participating* policies, benefitting over 21.90 lakh policyholders. What makes this milestone even more special is that it coincides with the 25th year of HDFC Life's journey! From the total bonus declared, an amount of Rs. 3232 cr. will be payable to policies in the current Financial Year as part of survival or maturity payouts and the remaining will accrue as policy benefits and will be paid when these benefit payments are made in subsequent financial years. The annual bonus declared by HDFC Life has approximately doubled every four years, thus reflecting consistent growth in with-profits fund performance and policyholder value. The Company has declared a total cumulative bonus amount that exceeds Rs. 22,500 cr. across all eligible participating policies, since inception. Eshwari Murugan Appointed Actuary, HDFC Life, commented, "I am delighted to announce that HDFC Life has declared its highest ever bonus this year. Policy bonuses are a loyalty reward for policyholders who continue for the long term. As we complete 25 years of our journey, we remain committed to our promise of providing value to all stakeholders. It is our endeavour to secure our policyholders and their families financially with life insurance, thus enabling them to face challenges with confidence and prepare for the future. With a customer-focused approach, we will continue securing lives and contribute towards achieving the vision of Insurance for All by 2047'. *Participating or par plans provide profit-sharing benefits in the form of bonus, to policyholders.
Business Standard
15 hours ago
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Sambhv Steel Participates in Global Stainless-Steel Expo 2025
NewsVoir Mumbai (Maharashtra) [India], June 10: Sambhv Steel Tubes Ltd., one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India in terms of installed capacity as of March 31, 2024 (Source: CRISIL Report), successfully showcased its stainless-steel product portfolio at the prestigious Global Stainless-Steel Expo (GSS Expo) 2025. The event, held from June 4-6, 2025, at NESCO, Mumbai, is a platform for the stainless-steel industry, attracting manufacturers, buyers, consultants, OEMs, and infrastructure professionals from across the globe. Participating for the first time, Sambhv introduced its stainless-steel product range, which includes: * Stainless Steel Blooms and Slabs * Stainless Steel Hot Rolled Annealed & Pickled (HR AP) Coils * Stainless Steel CR Coils With its backward-integrated facility in Chhattisgarh, Sambhv highlighted its ability to deliver stainless steel solutions across the value chain. "GSS Expo 2025 has been an invaluable platform for us to connect with a highly engaged audience," said Mr. Suresh Goyal, Chairman at Sambhv Steel. "The interest shown by consultants, EPC partners, and fabricators reinforces our confidence in the market's demand for high-precision, corrosion-resistant stainless-steel solutions tailored for solar, construction, and industrial applications." The Sambhv stall attracted significant attention for its product quality, technical displays, and engaging brand storytelling. Visitors appreciated the company's emphasis on innovation, sustainability, and reliability. This milestone marks an important chapter in Sambhv's marketing and branding strategy, underscoring its commitment to providing scalable and sustainable steel solutions that meet the evolving demands of India and international markets. According to CRISIL Report, Sambhv Steel Tubes Limited is one of the two players in India manufacturing ERW steel pipes and tubes (along with hollow section pipes and tubes) using narrow-width HR coil, as of March 31, 2024. It is the only player in India to manufacture narrow-width HR coil with backward integration capability, as of March 31, 2024. The Company's backward integration processes allow it to manufacture a range of finished products including ERW black pipes and tubes (hollow section) and galvanized iron ("GI") pipes, using intermediate products such as sponge iron, blooms/slabs and hot rolled ("HR") coil which are manufactured in-house. The installed capacity of ERW and GI pipes as of September 20, 2024 is 350,000 MTPA. SAMBHV STEEL TUBES LIMITED is proposing, subject to, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offer of its Equity Shares and has filed the DRHP dated September 30, 2024 and the corrigendum dated November 28, 2024 ("DRHP") with the Securities and Exchange Board of India ("SEBI"). The DRHP is available on the website of the Company at SEBI at websites of BSE Limited at and National Stock Exchange of India Limited at and the website of the book running lead managers, i.e. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited at and respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled "Risk Factors" of the RHP, when filed. Potential investors should not rely on the DRHP for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States. CRISIL Market Intelligence & Analytics (CRISIL MI & A), a division of CRISIL Limited, provides independent research, consulting, risk solutions, and data & analytics to its clients. CRISIL MI & A operates independently of CRISIL's other divisions and subsidiaries, including, CRISIL Ratings Limited. CRISIL MI & A's informed insights and opinions on the economy, industry, capital markets and companies drive impactful decisions for clients across diverse sectors and geographies. CRISIL MI & A's strong benchmarking capabilities, granular grasp of sectors, proprietary analytical frameworks and risk management solutions backed by deep understanding of technology integration, makes it the partner of choice for public & private organisations, multi-lateral agencies, investors and governments for over three decades. For the preparation of the report, CRISIL MI & A has relied on third party data and information obtained from sources which in its opinion are considered reliable. Any forward-looking statements contained in the report are based on certain assumptions, which in its opinion are true as on the date of the report and could fluctuate due to changes in factors underlying such assumptions or events that cannot be reasonably foreseen. The report does not consist of any investment advice and nothing contained in the report should be construed as a recommendation to invest/disinvest in any entity. The industry report is prepared for use in the Offer Documents to be filed by the Company with the RoC, SEBI and the Stock Exchanges in India.
