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ICICI Lombard is proud to announce its association with Siddhivinayak Metro Station

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ICICI Lombard Siddhivinayak Metro Station will now be connecting Mumbai to its Iconic Landmark Connecting Faith, Emotions, Commerce and Wellness Mumbai, May 09, 2025 -  ICICI Lombard, India’s leading Private General Insurer, announced its association with the iconic and much awaited Siddhivinayak Metro Station, set-up by the Mumbai Metro Rail Corporation (MMRC). To mark the occasion, Hon’ble Chief Minister of Maharashtra, Shri Devendra Fadnavis took a metro ride from BKC Metro Station to the ICICI Lombard Siddhivinayak Metro Station. Located at the heart of Mumbai adjacent to the iconic Siddhivinayak Temple in Prabhadevi, this key station on Mumbai's first underground Metro Line 3 (Aqua Line) is designed to ease traffic congestion while providing seamless connectivity between Aarey Colony JVLR, Andheri, BKC and the office corridors of Worli. As a first, the station will offer on the go health services to the commuters at ICICI Lombard’s specialised health booth, enabling people to ...
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LIC launches online facility for ‘Premium payment through WhatsApp Bot’

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In continuation with its commitment towards ‘Digital Transformation’ and introducing customer centric digital initiatives, Life Insurance Corporation of India (LIC) today unveiled online facility for “Premium payment through WhatsApp bot”. This feature was launched at the hands of Shri Siddhartha Mohanty, CEO & MD in the presence of Managing Directors, Shri M. Jagannath, Shri Tablesh Pandey, Shri Sat Pal Bhanoo and Shri R. Doraiswamy and other Senior Officials of the Corporation on 9th May, 2025. This option will provide LIC customers one more alternate option to pay Premium online. Registered Customer portal users can use WhatsApp number 8976862090 to find out the policies which are due for payment and directly make the payment through UPI/Net banking/Cards within the WhatsApp bot. The full Customer journey of identifying policies due for premium till payment and receipt generation happens within the WhatsApp bot. Speaking on this occasion, Shri Siddhartha Mohanty, CEO & M...
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CREDAI-MCHI hosts expert panel to decode Bombay High Court’s GST relief verdict on redevelopment projects

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Mumbai, 9th May 2025:  CREDAI-MCHI today hosted a focused knowledge seminar at its Mumbai office to decode the implications of the recent Bombay High Court order in the matter of M/s Shrinivasa Realcon Pvt. Ltd. vs. Deputy Commissioner, Anti-Evasion Branch, a ruling that has delivered significant GST relief for homeowners involved in redevelopment projects. The seminar featured expert insights from a distinguished panel including Mr. Sunny Bijlani, Joint Secretary, CREDAI-MCHI, Mr. Rohit Jain, Deputy Managing Partner at Economic Laws Practice (ELP); and Mr. Harsh Shah, Partner at ELP. The Bombay High Court’s ruling clarified that GST is not applicable where homeowners appoint a developer to carry out redevelopment work, provided there is no sale or transfer of development rights (TDR) or Floor Space Index (FSI). The Court quashed the tax demand under Entry 5B of the relevant GST notification, noting that the agreement was purely for construction and did not involve any transfer of ...
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Property Share files for Rs 4,720 million Initial Public Offering for India’s 2nd SM REIT scheme

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Mumbai/Bengaluru, 7 th  May, 2025:  Property Share Investment Trust (“SM REIT”), India’s first registered Small and Medium Real Estate Investment Trust, has filed the Draft Key Information of the Trust and Draft Key Information of the Scheme (“Draft Offer Documents”) for PropShare Titania, their second scheme under the trust aggregating to up to Rs 4,720 million. The IPO comprises of a fresh issue of Titania units with no offer for sale component (the “Issue”). This Issue is being made through the Book Building Process and in compliance with the REIT Regulations and the REIT Master Circular, wherein not more than 75% of the Net Issue shall be available for allocation on a proportionate basis to Institutional Investors and balance 25% of the Net Issue shall be available for allocation to Non-Institutional Investors, in accordance with the REIT Regulations. Property Share will also invest a minimum 5% of the units of the scheme from its capital into...
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Operation Sindoor: India’s Decisive Action Against Terrorism Draws Responsible Global Responses

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New Delhi/Mumbai,  In the early hours of May 7, the Indian Armed Forces launched Operation Sindoor—a coordinated series of 24 high-precision strikes on nine terror camps across the border in Pakistan. The operation was a direct response to last month’s brutal terrorist attack in Pahalgam, which claimed numerous lives and sparked national outrage. Reaffirming India’s resolve, the Defence Ministry stated, “Those responsible for the attack will be held accountable.” The international response has been a blend of concern, caution, and conflicting positions. U.S. President Donald Trump expressed regret over the violence and called for de-escalation, a sentiment echoed by Secretary of State Marco Rubio, who said the situation was being closely monitored. Russia’s Foreign Ministry spokesperson Maria Zakharova urged both countries to step back from the brink, while France’s Foreign Minister Jean-Noel Barrot in an interview highlighted the need to protect civilian lives and avoid further es...
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Property Share files for Rs 4,720 million Initial Public Offering for India’s 2nd SM REIT scheme

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Mumbai/Bengaluru, 8 th  May, 2025:  Property Share Investment Trust (“SM REIT”), India’s first registered Small and Medium Real Estate Investment Trust, has filed the Draft Key Information of the Trust and Draft Key Information of the Scheme (“Draft Offer Documents”) for PropShare Titania, their second scheme under the trust aggregating to up to Rs 4,720 million. The IPO comprises of a fresh issue of Titania units with no offer for sale component (the “Issue”). This Issue is being made through the Book Building Process and in compliance with the REIT Regulations and the REIT Master Circular, wherein not more than 75% of the Net Issue shall be available for allocation on a proportionate basis to Institutional Investors and balance 25% of the Net Issue shall be available for allocation to Non-Institutional Investors, in accordance with the REIT Regulations. Property Share will also invest a minimum 5% of the units of the scheme from its capital into...
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ICT Mumbai Takes New Centre for Energy Science and Technology

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  Pioneering India’s Future in Advanced Nuclear Technologies and Clean Energy Solutions Mumbai,  7 May 2025  :- Hon.Finance Minister in her recent budget has committed 100 GW of nuclear energy by 2047 and immediate provision has been made of Rs. 20,000 Crore for research and development. In line with the National Nuclear Energy Mission, the Institute of Chemical Technology (ICT), Mumbai, has announced the launch of the Centre for Energy Science and Technology, a bold and visionary initiative positioning India at the forefront of the global nuclear energy revolution. Drawing upon ICT’s historic strengths in research, innovation, and industry collaboration, the new centre is poised to become a national nucleus for excellence in advanced nuclear energy systems and workforce development. The announcement was made at a prestigious conclave on ‘Industry-Academia Partnership for Nuclear Science and Technology Development’ at K.V. Auditorium, Institute of Chemical Technology, on ...
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