I Am Bhojpuriya

Author: Sutun Nayak

  • IDRC’s 4th Arbitration in India Conclave 2025: We will Strengthen Institutional Arbitration, Law Min. Meghwal

    IDRC’s 4th Arbitration in India Conclave 2025: We will Strengthen Institutional Arbitration, Law Min. Meghwal

    IDRC’s 4th Arbitration in India Conclave 2025, Law Min. Meghwal, HMJ Manmohan, Sh. OP Dhankar & Ors

    New Delhi [India], November 7: The Indian Dispute Resolution Centre (IDRC), in collaboration with the Bar Council of India’s India International University of Legal Education and Research (IIULER), successfully hosted the “4th Arbitration in India Conclave 2025” at the India International Centre, New Delhi. Supported by CIArb and Vienna International Arbitration Centre, Austria. The Conclave brought together judges, legal luminaries, policymakers, and senior practitioners to deliberate on the theme “Autonomy and Accountability in Arbitration: Institutional Arbitration is the Way Forward.”

    Hon’ble Union Minister for Law and Justice, Shri Arjun Ram Meghwal, delivered the keynote address, outlining the Government’s reform-oriented vision for ADR. Stating that “Arbitration, Mediation, and Conciliation are essential tools for strengthening India’s justice delivery and economic growth.” Citing the Mediation Act, 2023 and the forthcoming amendments to the Arbitration and Conciliation Act, he said these initiatives would “make India a preferred seat for both domestic and international arbitration.”

    Shri Meghwal remarked that ADR mechanisms reflect India’s cultural and legal heritage, noting that “from Lord Krishna’s mediation in the Mahabharata to today’s institutional mechanisms, India has always valued resolution through dialogue and alternative modes.” He called upon arbitration institutions to ensure accessibility, affordability, and integrity, noting that “judicial intervention should be limited, and efficiency must define India’s dispute resolution landscape.”

    Hon’ble Justice Manmohan, Supreme Court, in his valedictory address, called for institutional arbitration to evolve as a transparent and predictable system.
    Praising IDRC’s achievements, noting that the Centre had conducted over 3,000 arbitrations in five years and has become a “symbol of India’s commitment to establish an efficient and credible ADR ecosystem.”

    Justice Manmohan observed that “Courts must act as facilitators, not barriers, to arbitration. Excessive judicial interference erodes the very purpose of alternative dispute resolution.”
    Highlighting the benefits of Institutional Arbitrations over ad hoc proceedings, he went on to suggest that a moratorium should be placed on all ad hoc arbitrations for a certain period so that institutional arbitration can be strengthened. Referring to the Justice BN Shrikrishna Committee Report, he said India should promote arbitration institutions to become a global ADR hub.

    He proposed strict timelines for enforcing awards under Sections 34 and 37 of the Arbitration Act to ensure time-bound disposal of arbitration challenges. The Hon’ble Judge also urged the Government to revisit the Finance Ministry’s circular restricting arbitration only to disputes valued less than Rs. 10 Crore, stating that “the Government must remain a part of the arbitration movement, not apart from it.”

    Panel Discussion was on “Autonomy and Accountability in Arbitration: Institutional Arbitration is the way forward” moderated by Dr Shashwat Bajpai, Founder Partner, DSRB Law Chambers, with panellists:

    • Mr S.D. Sanjay, Additional Solicitor General of India, Supreme Court
    • Ms Anuradha Dutt, Senior Partner, DMD Advocates
    • Mr Ayush Agarwala, Partner, Bombay Law Chambers
    • Ms Shruti Sabharwal, Partner, Shardul Amarchand Mangaldas

    Panellists unanimously agreed that institutional arbitration ensures quality, neutrality, and procedural discipline, unlike ad hoc arbitrations that often face delays and cost overruns.

    Ms Anuradha Dutt emphasised that “India can only become a true arbitration hub if it combines institutional discipline with a predictable judiciary.”

    Mr S.D. Sanjay highlighted that “institutional systems help prevent arbitral fee abuse, avoid delays and promote fairness.”

    Ms Shruti Sabharwal noted that “structured oversight, award scrutiny, and ethical accountability make institutional arbitration inherently superior to ad hoc ones”

    Mr Ayush Agarwala added that “efficiency, diversity among arbitrators, and digital adoption will determine the future success of arbitration in India.”

    Delivering the Welcome Address, Ved Prakash Sharma, Advocate and Co-Chairman, BCI applauded the growing role of arbitration in modern dispute resolution. He highlighted the collaboration between BCI and IDRC, stating that their joint efforts have been “instrumental in promoting awareness, education, and reforms that strengthen India’s arbitration ecosystem.”

    Ms Sumedha Sindhu Rathi, Head of Operations and Member Secretary, Advisory Board, IDRC, welcomed the dignitaries and participants, outlining IDRC’s key functions and the benefits of Institutional Arbitration. Mr Divyansh H. Rathi, Hony. Secretary of IDRC and Managing Partner, Lexidem and Rathi, expressed gratitude to all guests and reaffirmed IDRC’s commitment to advancing institutional arbitration and making India a global hub for credible, efficient, and technology-driven dispute resolution.

    About IDRC

    The IDRC is a Not-for-profit ADR Institution registered with the Ministry of Corporate Affairs, NITI Aayog and empanelled with the Ministry of Law and Justice, GOI. Established in 2020, IDRC has handled over 3,000 arbitration and mediation cases through physical and virtual platforms. It continues to promote best practices, innovation, and accessibility in ADR. IDRC’s educational wings, the Indian Institute of Arbitration and the Indian Institute of Mediation, have been an integral part of the Conclaves as Knowledge Partners. LatestLaws.com, IDRC’s sister organisation, celebrated its 10th Anniversary at the 4th Arbitration in India Conclave.

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  • India’s Silent Wealth Builder: Why Every Portfolio Needs Bonds in 2025

    India’s Silent Wealth Builder: Why Every Portfolio Needs Bonds in 2025

    New Delhi [India], November 3: Imagine driving your car down a long highway towards your destination. The car represents your investment portfolio, and the financial markets represent the highway, which is full of ups and downs, curves and sudden bumps. Your destination is essentially your financial goals, based on your age bracket, such as marriage, child education, wealth accumulation, and retirement income.

    Now, when the roads are smooth and the economy is strong, you will have a relatively comfortable ride. However, when the road gets bumpy with rough patches and you tend to lose control of your car with the possibility of crashing, that’s when the shock absorbers of your car play an important role. This is where bonds come in.

    Bonds: The shock absorbers

    While your car’s engine represents your stock, enabling your portfolio to move forward faster, bonds act as shock absorbers, allowing you to have a smoother ride. A well-balanced portfolio strikes a balance between stocks and bonds, helping you drive with greater confidence.

    Role of Bonds in the Changing Indian Financial Market

    As financial markets swing between volatility and opportunity, bonds are quietly redefining the way India invests. They bring predictability, stability, and compounding power to every portfolio, from first-time investors to retirees.

    While retail participation in equities and mutual funds has grown exponentially, the average investor’s portfolio has remained underexposed to fixed income until now. The country’s ₹50 lakh crore corporate bond market is expanding as investors discover that bonds aren’t just for safety, they’re for steady growth. Retail participation in RBI’s Retail Direct App for purchasing bonds has also seen a multi-fold increase in investments in recent times.

    Build your long-term wealth with Bonds

    Many believe bonds are only for short-term parking of funds. In reality, long-duration bonds can be powerful compounding assets. When bonds are held to maturity and their coupons are reinvested, even a modest 7% to 8% yield can grow substantially over time.

    Unlike equity, where returns depend on timing and sentiment, bonds deliver predefined cash flows, and when reinvested, those coupons compound into meaningful wealth over time.

    For instance, an investment of ₹10 lakh in an 8% bond can grow to over ₹21.6 lakh in 9 years if interest payments are reinvested – nearly doubling your wealth with minimal risk.

    Create a regular secondary income stream with Bonds

    Bonds are ideal for those seeking predictable, periodic income.

    Most corporate or government bonds pay interest every 6 or 12 months, directly into your bank account. That makes them perfect for:

    • Salaried professionals looking to generate passive income
    • Retirees needing dependable monthly or annual payouts
    • Anyone building a stable cash-flow base

    You know how much, when and for how long you’ll be paid, unlike the uncertainty of stock dividends. This reliability makes bonds perfect for creating monthly income ladders; a sequence of maturities ensuring continuous cash inflows over years.

    Build a strong foundation for your portfolio as a first-time investor Bonds

    If you’re new to investing, bonds are a gentle entry point into the world of markets.

    • Simple to understand; i.e. fixed return, fixed maturity
    • Rated by independent agencies (CRISIL, ICRA, CARE, etc.)
    • Available in small ticket sizes starting at Rs 10,000 through multiple online bond platforms and intermediaries
    • Lower volatility compared to equities or mutual funds

    Bonds help first-time investors preserve capital, build confidence and consistency before exploring higher-risk assets.

    Plan your retirement without worrying about capital erosion through bonds

    Retirement planning isn’t just about saving; it’s about creating certainty.

    Bonds help you:

    • Lock in known interest rates for future years for a steady monthly income for your daily needs
    • Match maturities with life goals
      • Child’s Higher Education
      • Child’s marriage
      • Your retirement travel plans
      • Unforeseen medical expenditures
    • Preserve capital while generating cash flow

    You can build a bond ladder by investing in multiple maturities (1–3–5–10 years), thereby ensuring regular inflows as older bonds mature and new ones replace them. Using the laddering technique, retirees can align payouts with their expenses while maintaining liquidity.

    Experience the Magic of Compounding not just with SIPs but also with Bonds

    When you reinvest your interest income received from bonds, your returns begin to earn returns. That’s the power of compounding.

    Even modest interest rates can create large outcomes over time:

    Annual Return 10 Years 20 Years 30 Years
    7% ₹1 → ₹1.97 ₹1 → ₹3.87 ₹1 → ₹7.61
    8% ₹1 → ₹2.16 ₹1 → ₹4.66 ₹1 → ₹10.06

    Reinvesting your coupon income, even partially, can dramatically accelerate long-term wealth creation.

    Understanding tax implications with Bonds

    Be it any financial asset class, tax treatment eventually determines how much of your interest or returns you actually keep. While bond interest is taxed at the investor’s slab rate, long-term capital gains (after 12 months) on listed bonds are taxed at just 12.5%.

    Additionally, tax-free PSU bonds from issuers like NHAI, PFC, and REC (AAA rated) offer completely exempt coupon income, often yielding 5.5% to 6% tax-free, which comes to pre-tax 8.25% – 8.5% for investors in the highest tax bracket.

    Type Taxation Key Point
    Coupon Interest Income Taxed at your slab rate. Declared as “Income from Other Sources
    Capital Gains (Sold Before Maturity) <12 months → Short-term (slab rate)

    >12 months → Long-term (12.5%)

    		 Plan your holding period strategically
    Tax-Free Bonds (PSU) Fully tax-exempt interest Effective post-tax yield is often 5.5% to 6%, risk-free
    Market-Linked Debentures (MLDs) Taxed at slab rate (since 2023) Choose only if aligned with your tax bracket

    Pro Tip: For investors in higher tax brackets, tax-free PSU bonds often outperform post-tax FD returns.

    Bonds vs. Debt, Mutual Funds vs. Fixed Deposits

      Featured Bonds Debt Mutual Funds Fixed Deposits
    Return Type Fixed Market-linked Fixed
    Transparency High Moderate High
    Risk Credit & interest rate risk Market & credit risk Very low
    Liquidity Tradable on the exchange T+1 redemption Premature withdrawal penalty
    Ideal for Stability + diversification Active management Short-term savings

     

    Key Insight:

    • FDs offer safety but limited flexibility.
    • Debt mutual funds add liquidity but depend on the fund manager’s skill.
    • Bonds give you control with fixed income, a fixed timeline, and known risk.

    Why every portfolio needs Bonds

    While bonds may not deliver eye-catching returns as equities, they offer steady income, lower risk, and crucial diversification benefits. For retail investors, especially those planning for retirement, education, or long-term financial security, including bonds in their portfolio can significantly improve their overall risk-adjusted returns.

    In the long run, a well-diversified portfolio with the right mix of equities and bonds paves a path for higher returns and financial resilience.

    Through online bond platforms and intermediaries, investors can:

    • Receive transparent information on government and corporate bonds
    • Compare yields, ratings, and maturities and decide on products based on their goals
    • Expect a seamless sales and post-sales process

    Whether you’re building wealth, planning retirement, or just starting, bonds can anchor your financial journey. So, start investing in bonds before it’s too late.

    This article is written by Mr Umesh Tulsyan, Managing Director of Sovereign Global Markets Pvt Ltd, a Delhi-based financial boutique, based on his independent research and thorough understanding of the Indian Debt Markets. Umesh brings with him over 25 years of experience in the financial services industry. The views expressed here are entirely personal and should not be construed as any investment advice.

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Investments involve risk, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified advisor before making any decisions.

  • The Top Performing Lubricant Brand Driving Industry Standards

    The Top Performing Lubricant Brand Driving Industry Standards

    New Delhi [India], November 7: In an era where performance, compliance, and sustainability define business success, VELVEX, the flagship brand of Nandan Petrochem Ltd. (NPL), has emerged as a pioneer in the lubricants and Diesel Exhaust Fluid (DEF) industry. With decades of expertise, robust OEM partnerships, and a commitment to eco-friendly innovation, VELVEX is redefining industry standards and shaping the future of mobility in India.

    From Legacy to Leadership

    Founded under the umbrella of Nandan Petrochem Ltd., VELVEX entered the Indian market with a clear mission: to provide premium-quality lubricants and performance fluids that protect machines, reduce emissions, and empower businesses. Backed by 30+ years of industry heritage and strong R&D collaboration with German technology partners, the brand has grown from a trusted lubricant supplier to a market leader in DEF production, making it India’s No.1 manufacturer of AdBlue®.

    Today, VELVEX is more than just a product brand — it is a solutions provider, delivering a portfolio of more than 300products that cater to the diverse needs of automotive fleets, heavy industries, power utilities, and OEMs.

    India’s No.1 DEF Manufacturer

    One of VELVEX’s most significant achievements has been its leadership in AdBlue® (DEF), the eco-friendly solution that reduces nitrogen oxide (NOx) emissions in diesel vehicles equipped with Selective Catalytic Reduction (SCR) systems.

    With multiple world-class plants across India and an annual production capacity of 900,000 KL PA ( AdBlue®) VELVEX has built the largest DEF manufacturing footprint in the country. Its AdBlue® is VDA-approved and ISO 22241 certified, ensuring consistent quality and compliance with Bharat Stage (BS-VI) norms.

    This scale and reliability make VELVEX the partner of choice for OEMs, many of whom trust the brand to produce “genuine DEF” for their vehicles. For fleets and distributors, the availability of a consistent and certified DEF supply has been a game-changer, enabling compliance, reducing downtime, and driving cleaner mobility across India.

    OEM Partnerships: Trust Built on Performance

    VELVEX’s growth story is also rooted in its deep collaborations with leading Original Equipment Manufacturers (OEMs). By co-developing Genuine Oils and DEF solutions tailored to specific equipment requirements, VELVEX ensures compatibility, durability, and warranty protection.

    These OEM-approved products undergo rigorous field testing under real-world conditions, reinforcing the trust placed in the brand. The partnerships not only enhance OEM aftersales service but also strengthen VELVEX’s credibility in both domestic and global markets.

    Sustainability: At the Heart of Growth

    At a time when sustainability is a buzzword for many, VELVEX has embedded it into its DNA. The brand is one of the first in India to transition all its SKUs to eco-friendly packaging, reducing plastic waste and aligning with India’s clean energy mission.

    Its energy-efficient blending processes, emissions-reducing products, and commitment to ESG principles have positioned VELVEX as an industry leader in green manufacturing. Beyond marketing, these initiatives deliver tangible benefits for customers: lower carbon footprints, compliance with environmental regulations, and enhanced corporate responsibility.

    Powering Every Industry

    VELVEX products serve a wide spectrum of industries and use-cases:

    • Automotive & Fleet Operators benefit from advanced engine oils and DEF solutions that reduce downtime and improve mileage.
    • Manufacturing & Heavy Industry rely on VELVEX hydraulic, turbine, and compressor oils for consistent productivity.
    • Power & Utilities trust its transformer and white oils for reliability in mission-critical operations.
    • Construction & Mining leverage VELVEX greases and EP oils for heavy-duty performance in extreme conditions.
    • Agriculture depends on tractor and off-highway equipment lubricants built for rugged, long-lasting use.

    This versatility ensures that wherever there is motion, there is VELVEX enabling it.

    Preparing for the Future

    As India transitions toward stricter emission standards and electric mobility, VELVEX is proactively investing in next-generation formulations, synthetic lubricants, and fuel-efficient solutions. Its forward-looking R&D ensures that both OEMs and end-users are prepared for the evolving landscape of mobility and industry.

    The company’s vision is not just to respond to change but to shape it— by driving cleaner air, more efficient operations, and profitable partnerships for its customers.

    VELVEX Leads as India’s No.1 Lubricant Brand

    From pioneering DEF production to advancing sustainable lubricants, VELVEX has cemented its reputation as India’s top-performing lubricant brand. By combining performance, reliability, and eco-innovation, the brand is not only meeting today’s demands but also preparing the nation for tomorrow’s challenges.

    In every engine, every gearbox, and every piece of industrial equipment, VELVEX is the unseen force powering performance and protecting profits.

    Contact

    VELVEX
    VELVEX – The Lubricant & AdBlue brand of Nandan Petrochem Ltd
    info@nandangroup.com
    +91-22-42577200
    https://www.velvex.in/

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  • Verbatim Unveils Growth Plans in India, Backed by New Branding and Innovation

    Verbatim Unveils Growth Plans in India, Backed by New Branding and Innovation

    New Delhi [India], November 6: Verbatim, the globally renowned leader in data storage and technology accessories, plans to significantly expand its presence in the Indian market, supported by its refreshed brand identity and a product portfolio designed for today’s mobile and connected world.   Best known for its leadership in optical media, Verbatim is now leveraging its global legacy to introduce high-performance solutions, including internal and external SSDs, portable monitors, docking stations, hubs, adapters, and GaN chargers.

    With India’s technology landscape and economy evolving at a pace, Verbatim views the country as a critical growth market. The company is making its latest innovations more accessible nationwide through a focused distribution strategy and the expansion of local partnerships. Verbatim is proud to announce its re-entry into the Indian market, now operating under the EMEA region. To drive growth and strengthen our presence, we’ve partnered with key distributors across product categories: Myswa Ventures, King Technology, NP Digital Technologies & Specx Systems.

    Further, to ensure reliable after-sales service and customer satisfaction, Kaizen Infoserve Pvt Ltd. has been appointed as Verbatim’s authorised warranty support partner for India. Each partner brings deep market expertise and will play a vital role in rebuilding and expanding the Verbatim brand in India.

    Global Vision, Strong Commitment to India

    Clive Alberts, Global CEO of Verbatim, said: “As a global technology brand with decades of trust and innovation behind us, India is an essential part of our future growth story. With its scale, talent, and rapidly advancing digital economy, India is uniquely positioned to drive demand across multiple technology categories. Our expansion here not only strengthens Verbatim’s global footprint but also ensures that we continue to innovate and grow in one of the world’s most promising markets.”

    “India represents a dynamic and digitally savvy market that values innovation, mobility, and quality,” said Rohin Mattoo, General Manager – Middle East, North Africa & India. “We are bringing Verbatim’s legacy of reliability into a new era of portable computing and connectivity—offering SSDs, portable monitors, power solutions, and a full range of accessories designed for how people work and live today. The response to our next-generation product range has been extremely encouraging. But for us, it’s not just about selling products—it’s about delivering lasting value through durable design, exceptional performance, and trusted after-sales support,”

    He further added, “Our accessories business will play a pivotal role in reinforcing the Verbatim brand in India. As a legacy storage brand, we need to evolve with the times. By diversifying into high-demand segments like mobility and tech accessories, we’re not only expanding our portfolio but also staying relevant to the needs of today’s consumers. This strategic move ensures Verbatim remains a trusted name for both storage and everyday tech solutions.”

    A Legacy of Innovation in Digital Storage

    Founded in 1969 in Silicon Valley, Verbatim played a pivotal role in the development of the modern computing industry. As one of the earliest innovators in floppy disk technology, Verbatim enabled the storage and transfer of data during the early PC revolution. By the mid-1970s, the company had introduced the Teflon-coated floppy disk shell – an innovation that set new standards for durability and reliability. Verbatim quickly became a dominant global supplier, pioneering formats such as the 8-inch and 5.25-inch floppy disks, widely adopted by IBM and other leading computer manufacturers.

    In the decades that followed, Verbatim continued to lead as digital technology evolved, becoming the world’s number one brand in optical media, including CDs, DVDs, and Blu-ray discs – a position it still holds today. Verbatim’s optical media is celebrated for its archival longevity, reliability, and backwards compatibility, making it the gold standard for long-term data preservation.

    From Discs to Devices: Verbatim’s Modern Expansion

    While remaining a global leader in optical media, Verbatim has also diversified its offerings to align with the demands of today’s mobile and connected lifestyles. Its expansion into hard drives, solid-state drives (SSDs), USB storage, memory cards, and premium accessories for computers and smartphones reflects this evolution.

    Verbatim’s newest innovations include:

    • The Pocket SSD combines high-speed data transfer with an ultra-portable design.
    • 4K touchscreen portable monitors for mobile professionals and gamers, designed to enhance productivity on the go.
    • GaN chargers deliver fast, efficient power in a compact footprint, making them ideal for multi-device users.

    These products have garnered growing demand in India, where users seek quality, reliability, and future-ready technology—hallmarks of the Verbatim brand.

    A New Chapter with a Fresh Identity

    In 2024, Verbatim underwent a global rebrand, modernising its logo and visual identity to perform more effectively across digital platforms and to reflect its role in today’s tech-centric lifestyles. The new tagline, ‘Anywhere. Every day, ’ encapsulates the spirit of Verbatim’s contemporary product offerings, forging stronger connections with consumers’ daily experiences.

    By focusing on reliability, trust, and usability, Verbatim aims to reaffirm its position as a dependable companion in modern life.

    About Verbatim

    • Verbatim was founded in 1969
    • It was purchased by Kodak in 1985, then by Mitsubishi Chemical Corporation (MCC) in 1990, and subsequently by CMC Magnetics Corporation in June 2019.
    • Verbatim’s products are sold in over 120 countries, featuring a lineup that includes Optical Storage Media, USB Drives, Memory Cards, Hard Drives, Solid-State Drives (SSDs), Mobile and Desktop Accessories, and 3D Printing Filaments.
    • Verbatim’s European headquarters is in Eschborn, Germany.  Its American headquarters are in Charlotte, North America, and its Asia Pacific headquarters are in Melbourne, Australia.
    • CMC Magnetics Corporation’s headquarters is in Taipei, Taiwan
    • For more information, see www.verbatim-europe.com

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  • Indian Students in the US Become the Most Preferred Hiring Pool Amid USD 100K Visa Fee Drop for F-1 Students Already in the Country

    Indian Students in the US Become the Most Preferred Hiring Pool Amid USD 100K Visa Fee Drop for F-1 Students Already in the Country

    New Delhi [India], November 6: A quiet but significant policy change in the U.S. immigration system, announced on 20 October, 2025, is sending a wave of relief and optimism through international student circles.

    Starting with the 2026 H-1B visa filing cycle, employers will face a new $100,000 fee when sponsoring workers from abroad.

    But there’s an important exception: students already in the U.S. on F-1 visas won’t have to pay it.

    This new rule has enormous implications. For tens of thousands of international students who choose to study in USA, it means the pathway from classroom to career just became smoother and far more appealing to employers.

    In light of this change, companies are likely to strategically prefer hiring F-1 students already in the United States rather than recruiting internationally and facing $100,000 H-1B sponsorship fees for candidates they haven’t worked with before.

    A Boost for Homegrown International Talent

    The F-1 visa allows international students to study full-time at accredited U.S. universities. After graduation, many transition into Optional Practical Training (OPT), a program that lets them work in their field for up to a year, or three years for STEM graduates.

    In the past, many employers have hesitated to hire international graduates because of visa uncertainty and costs. The new fee structure flips that logic: bringing someone from overseas now costs a small fortune, while hiring an international student who’s already here costs almost nothing extra.

    “Essentially, this policy rewards students who have invested in U.S. education,” said Vineet Gupta, co-founder of Jamboree Education, India’s leading institute for test prep and overseas admissions counselling. “It gives them a serious edge in the job market and gives employers time to see their skills in action before deciding on sponsorship.”

    A Strategic Shift for Employers

    For U.S. companies, especially those in the tech and engineering sectors, the math has changed. Recruiting abroad now carries a $100,000 price tag per hire. Hiring from the pool of F-1 graduates who are already here and are legally authorised to work through OPT, is a much safer and cheaper bet.

    Many employers are expected to adapt quickly, building stronger relationships with university career centers and internship programs that connect them with F-1 students.

    During their OPT period, companies can test the fit, evaluate performance, and later decide whether to file for an H-1B visa once the employee has proven themselves, without ever paying that new fee.

    More Opportunities, More Incentives to Study in the U.S.

    The US has always been a highly–preferred study destination, owing to the fact that the country is home to more than 70% of the global top 100 universities, and has arguably been the best place to enhance career prospects. With this new policy, international students now have an even greater incentive to study in USA.

    The policy also gives international students one more reason to choose U.S. universities over competitors in Canada, the U.K., or Australia. The combination of world-class education, three years of hands-on work experience for STEM fields, and now a clear cost advantage for employers makes the U.S. job market more accessible than ever.

    Thanks to the policy, the American system now looks far more attractive and seems to inadvertently encourage companies to hire talent that has been educated and trained in the United States rather than looking overseas. This approach helps retain skilled workers who are already familiar with the U.S. market and workplace culture and strengthens the link between American higher education and the domestic job market.

    For many international students who very recently viewed post-graduation work opportunities in the U.S. as uncertain, the message is now clearer: study here, stay here, and work here without the extra financial roadblock.

    About Jamboree Education

    Jamboree Education is a leading overseas education consultancy specializing in test preparation and admissions guidance for students aiming to study abroad. With over three decades of experience, Jamboree has helped thousands of students achieve their academic goals through personalized counseling, expert test coaching, and up-to-date visa guidance. For more information, visit www.jamboreeindia.com.

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  • Sarveshwar Foods’ Singapore Unit Signs MoU with Indian Rice Exporters Federation for USD 19.8 Million Export Deal

    Sarveshwar Foods’ Singapore Unit Signs MoU with Indian Rice Exporters Federation for USD 19.8 Million Export Deal

    Srinagar (Jammu & Kashmir) [India], November 6: Sarveshwar Foods Limited’s (SARVESHWAR | BSE: 543688 | INE324X01026), Singapore-based unit – Green Point Pte. Ltd., today announced the signing of a strategic Memorandum of Understanding (MoU) with the Indian Rice Exporters Federation (IREF). This collaboration marks a significant step towards expanding SFL’s footprint and ensuring a consistent supply of premium Indian rice in global markets.

    Under the terms of the MoU, both parties have expressed their intent to explore commercial arrangements for the procurement and export of 50,000 Metric Tons (MT) of Indian rice. This procurement is valued at approximately USD 19.8 million (Rs 173.9 crores) on a Cost and Freight (CFR) basis.

    The proposed export order reflects the growing international demand for high-quality Indian rice and includes:

    • Indian Parboiled Rice: 40,000 Metric Tons
    • Indian White Rice: 10,000 Metric Tons

    The shipments are intended for key global destinations, including the UAE, Saudi Arabia, Iraq, the USA, Cote d’Ivoire, China, the UK, Benin, South Africa, Senegal, Kenya, Cameroon, and the Netherlands, highlighting the growing international demand for high-quality Indian rice.

    The MoU outlines mutual intentions regarding product quality, due diligence, compliance with export-import regulations, and good-faith consultations for future definitive agreements.

    Speaking on the occasion, Mr. Rohit Gupta, Chairman of Sarveshwar Foods Limited:

    “We are pleased to collaborate with IREF to ensure consistent supply of premium Indian rice to our international clientele. India’s expertise in rice cultivation and processing aligns perfectly with our vision to serve diverse global markets.”

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  • KRN Heat Exchanger’s Q2FY26 Net Profit Nearly Doubles on Strong Revenue; Automotive HVAC Segment Provides Boost

    KRN Heat Exchanger’s Q2FY26 Net Profit Nearly Doubles on Strong Revenue; Automotive HVAC Segment Provides Boost

    Jaipur (Rajasthan) [India], November 6: KRN Heat Exchanger and Refrigeration Limited (NSE – KRN | BSE – 544263), one of the prominent manufacturers and exporters of aluminium/copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils, has announced its Unaudited Financial Results for Q2 & H1 FY26.

    Key Financial Highlights

    Standalone Q2 FY26

    • Total Income of ₹ 227.22 Cr, YoY growth of 126.13%
    • EBITDA of ₹ 29.60 Cr, YoY growth of 68.56%
    • Net Profit of ₹ 23.66 Cr, YoY growth of 95.38%
    • Diluted EPS of ₹ 3.81, YoY growth of 46.54%

    Standalone H1 FY26

    • Total Income of ₹ 344.35 Cr, YoY growth of 72.87%
    • EBITDA of ₹ 49.38 Cr, YoY growth of 42.63%
    • Net Profit of ₹ 39.33 Cr, YoY growth of 65.74%
    • Diluted EPS of ₹ 6.33, YoY growth of 23.63%

    Consolidated Q2 FY26

    • Total Income of ₹ 154.46 Cr, YoY growth of 66.91%
    • EBITDA of ₹ 30.25 Cr, YoY growth of 67.03%
    • Net Profit of ₹ 17.99 Cr, YoY growth of 46.14%

    Consolidated H1 FY26

    • Total Income of ₹ 273.32 Cr, YoY growth of 44.22%
    • EBITDA of ₹ 47.85 Cr, YoY growth of 33.62%
    • Net Profit of ₹ 30.43 Cr, YoY growth of 25.28%

    Export Revenue Highlights H1 FY26- Consolidated

    • United Arab Emirates: 47.43%
    • USA: 20.01%
    • Canada: 18.86%
    • Italy: 11.07%
    • Other: 2.63%
    • Total: 100.00%

    Comment on Financial Performance Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited said, “We are pleased with the strong performance achieved during the second quarter and first half of FY26, marking another step forward in KRN’s growth journey. This period has been especially significant as we took several strategic steps that strengthen our foundation for the future. The acquisition of the Bus Air-Conditioning division of Sphere Refrigeration Systems is a key milestone that expands our presence in the automotive HVAC segment, while the CRISIL A– rating with a stable outlook reflects our sound financial health and credibility. These developments, combined with consistent operational progress, underline the growing strength and resilience of KRN.

    Looking ahead, our focus remains on enhancing product quality, broadening our global footprint, and nurturing long-term customer relationships. The achievements of Q2 and H1 FY26 give us strong confidence in our direction, and we are committed to continuing this positive momentum as KRN evolves into a globally trusted name in the HVAC industry.”

    Key Business Highlights

    Strategic Acquisition

    • KRN HVAC Products Pvt. Ltd., a wholly owned subsidiary of KRN Heat Exchanger, signed a Business Transfer Agreement to acquire the Bus Air-Conditioning division of Sphere Refrigeration Systems Pvt. Ltd.
    • The deal includes transfer of all operations, assets, and employees to KRN HVAC.
    • The acquisition strengthens KRN’s automotive HVAC presence and supports growth and profitability.

    CRISIL Rating Update

    • The Company has been assigned a CRISIL A– rating with a Stable Outlook for its bank facilities, reflecting the company’s strong credit profile, sound financial management, and consistent operational performance.

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  • Internet Pioneer Vint Cerf and Nokia Bell Labs’ Peter Vetter to Headline IEEE Future Networks World Forum 2025 in Bengaluru, India

    Internet Pioneer Vint Cerf and Nokia Bell Labs’ Peter Vetter to Headline IEEE Future Networks World Forum 2025 in Bengaluru, India

    IEEE’s flagship global event returns to India, focusing on 6G innovation, sustainability, and intelligent connectivity.

    Bengaluru (Karnataka) [India], November 6: The IEEE Future Networks World Forum (FNWF 2025) today announced its headline speakers and agenda for the world’s premier event shaping the next generation of communication networks. Under the theme “Beyond Connectivity: 6G for a Sustainable and Intelligent Future,” FNWF 2025 will be held 10–12 November 2025 at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center.

    FNWF 2025 will feature 70+ expert speakers across keynotes, invited talks, and panels. The conference will convene leading researchers, engineers, policymakers, standards leaders, and industry executives to shape the 6G roadmap and demonstrate how future networks will accelerate automation, sustainability, and digital inclusion.

    Keynote and Featured Speakers include:

    • Dr. Vint Cerf — Vice President and Chief Internet Evangelist, Google
    • Dr. Abhay Karandikar — Secretary, Department of Science & Technology, Government of India
    • Dr. Peter Vetter — President, Bell Labs Core Research, Nokia
    • Dr. Riccardo Trivisonno — Head of Network Architecture, Huawei Technologies
    • Mr. Saurabh Mittal — Chief Product Officer, Tata Consultancy Services (TCS)
    • Dr. Tsunehiko Chiba — Chief Technology Officer, VIAVI Solutions
    • Dr. Maneesha Vinodini Ramesh — Pro Vice‑Chancellor, Amrita University
    • Dr. Sukant K. Mohapatra — Founder and President, NIST University
    • Dr. Chih‑Lin I — Chief Scientist of Wireless Technologies, China Mobile
    • Prof. Anand Srivastava — Vice‑Chancellor, Netaji Subhas University of Technology (NSUT), Delhi
    • Dr. Dhananjay Gore — Vice President, Engineering, Qualcomm India
    • Mr. Tanzeb Anwar — Director, R&D, NI (National Instruments) India
    • Mr. Mombasawala Mohmedsaeed — General Manager, Keysight Technologies India

    A Global Platform for 6G Collaboration

    FNWF 2025 will feature an extensive technical and industry program, which includes:

    • Keynotes, Symposia, and Panels on AI/ML-driven communications, non-terrestrial networks (NTN), Beyond 5G, 6G Research, Quantum Networking, and energy-efficient systems.
    • Workshops and Tutorials led by global experts on 6G green technologies, satellite integration, open‑source prototyping, and quantum signal processing.
    • Industry Forums and Topical Tracks covering private 5G, cybersecurity, standards development, and sustainable innovation.
    • Student Leadership and IEEE Women in Engineering (WIE) sessions aim to foster the next generation of innovators.
    • Unique programs for students and scholars, including PhD EDITS and GraTE-7 for young researchers.

    “The 8th IEEE Future Networks World Forum in Bengaluru not only accelerates the deployment of 5G but also paves the way for 6G research and development. This forum provides a platform for industry, academia, government, and startups to engage and collaborate in creating a new ecosystem to advance technology for humanity,” said Ashutosh Dutta, Founding Co-Chair, IEEE Future Networks World Forum, affiliated with Johns Hopkins University.

    “India is the second largest deployer of 5G over IPv6 in the world and now has a vibrant 6G research ecosystem. Join us to gain firsthand, in-depth knowledge and real-world experience from Indian innovators,” said Dr. Latif Ladid, Chair, 5G World Alliance, and President, IPv6 Forum.

    Bridging the Digital Divide
    Co-located with FNWF 2025, the IEEE Connecting the Unconnected Asia‑Pacific Regional Summit (CTUS‑APAC) will convene on 12 November, focusing on inclusive strategies to extend the benefits of 6G to underserved communities and developing regions.

    Following the event, as part of the tangible outcome of the CTU Challenge and Summit, IEEE Future Networks will host a ‘Connect a Community’ day on 13 November 2025 at Hulimangala Gram Panchayat, located 30 km from Bangalore, India. The ‘Connect a Community’ is a day-long program that presents demos of ten innovative solutions to villages in India, helping rural communities bridge the digital divide. The program is also an effort to recognize how IEEE Challenges/Award winners have shown significant growth from their ideation stage to a sustained business solution. The Future Networks Empowerment through Mentorship (FNEM) Connect meeting will follow the IEEE’s ‘Connect a Community’ program. Locals living near Hulimangala Gram Panchayat, as well as other relevant stakeholders, including technologists, government officials, academics, and students, will attend the day-long program.

    Fast Facts

    • Event: IEEE Future Networks World Forum (FNWF 2025)
    • Dates: 10–12 November 2025
    • Venue: Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, India
    • Theme: “Beyond Connectivity: 6G for a Sustainable and Intelligent Future”
    • Website:https://fnwf2025.ieee.org
    • Registration Link: https://fnwf2025.ieee.org/registration

    Media Contact
    Craig Polk
    Senior Program Manager and Communications Chair, IEEE Future Networks World Forum 2025
    Email:c.polk@comsoc.org
    Phone: +1 (212) 705‑8926

    About IEEE
    The Institute of Electrical and Electronics Engineers (IEEE) is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. With more than 500,000 members in over 190 countries, IEEE sets global standards and fosters innovation in communications, computing, energy, and emerging technologies.
    Website:https://www.ieee.org

    About IEEE India Council
    The IEEE India Council coordinates activities across India, serving as the umbrella body for sections and student branches nationwide. As of December 2024, the Council reported 92,594 members, representing 6.8% year-over-year growth. Its geographic reach extends across 63 sections throughout India, with a significant student membership actively driving innovation, collaboration, and community engagement. The Council operates under IEEE Region 10 (Asia‑Pacific) and plays a pivotal role in empowering engineers and strengthening India’s leadership in global digital transformation.
    Website:https://ieeeindiacouncil.org

    About CIMGLOBAL
    CIMGLOBAL is the Professional Conference Organizer (PCO) for FNWF 2025. With nearly 30 years of experience managing international conferences and association events, CIMGLOBAL delivers strategic, seamless, and sustainable meeting experiences across Asia, the Middle East, and Europe.
    Website:https://www.cimglobal.net

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  • 12th Edition of Surat International Textile Expo ‘SITEX 2025’ to be held in Surat in November 2025

    12th Edition of Surat International Textile Expo ‘SITEX 2025’ to be held in Surat in November 2025

    Surat (Gujarat) [India], November 6: The 12th Edition of Surat International Textile Expo SITEX 2025 will be held in jointly organising with the Southern Gujarat Chamber of Commerce and Industry (SGCCI), Southern Gujarat Chamber Trade and Industries Development centre and Surat Texmac Federation on 22nd-24th November 2025, at the Surat International Exhibition and Convention Centre (SIECC), Sarsana, Surat, between 10:00 am and 7:00 pm.

    Mr Nikhil Madrasi, President, SGCCI, said that SITEX, the 12th edition, organised by SGCCI, is an all-round exhibition that encompasses the entire textile machinery industry. The ultimate aim of this mega show is to provide a new focus and thrust to the textile industry in India on the international front. The Indian textile sector is fast-growing, and the exhibition will be a great leap towards the vision of Viksit Bharat @ 2047. It will not only lead to further development of technology and an increase in production, but it will also create mass employment.

    Along with constant improvement in technology of the textile machinery, SITEX 2025 will display a great variety of high technology machines, such as Water Jet Machines, Air Jet Machines, High-Speed Rapier Machines, Jacquard Machines, Circular Knitting Machines, Digital Printing Machines, Needle Machines, Fusing Machines and numerous other modern machines and accessories.

    This mega exhibition will involve over 100 exhibitors around India and has the potential to draw a huge number of people to Surat and India at large.

    Registration is absolutely free to visitors using the official link: https://expo.sgcci.in/sitex2025

    SGCCI warmly welcomes all Indian and foreign textile business people, manufacturers, traders and other stakeholders to visit SITEX 2025 in Surat and see the current innovations that are defining the future of the textile industry.

    To get the details, visit our site sitex.sgcci.in. [https://sitex.sgcci.in/]

    PNN Business

  • IRDAI’s New Rule on ‘Material Change’: Is Your Medical Insurance Premium Safe at Renewal?

    IRDAI’s New Rule on ‘Material Change’: Is Your Medical Insurance Premium Safe at Renewal?

    Mumbai (Maharashtra) [India], November 6: Worried that talk of “material change” could nudge up your premium at renewal? You’re not the only one. In practice, insurers ask whether anything significant has shifted in your health or lifestyle before they renew. That check keeps the contract aligned to real risk so claims can be settled.

    At the same time, health insurance is designed for continuity and sets out benefits clearly, from hospitalisation to day-care, outpatient care and diagnostics and the option to add family members under one policy.

    What “Material Change” Means for Policyholders

    A “material change” is any update that could affect your risk, like a new diagnosis, ongoing treatment, or a planned surgery. You should tell your insurer about these changes. They’ll reassess your policy according to the wording you already agreed to, not arbitrarily.

    Think of it as routine maintenance, not a trap: when your details are up to date, your cover is far more likely to work precisely as it should when life gets complicated.

    How Renewals Usually Work

    Renewal is more than a payment deadline. It’s your annual chance to ask: Does the sum insured still fit my city and household? Do add-ons still earn their keep?

    Consumer pages that explain health insurance highlight key pillars: cashless treatment, day-care procedures, diagnostic support, and the ability to include family members under one contract.

    Can Premiums Change?

    They can, but never on a whim. Prices move for reasons disclosed in product literature, such as portfolio pricing updates, age-band movement or claims experience. What matters is that any change traces back to the plan’s terms and the way claims are handled.

    Read the claims section, understand cashless versus reimbursement. When you know the process, renewal becomes a continuation rather than a fresh negotiation.

    Will “Material Change” Derail your Renewal?

    Generally, no. Indian health insurance plans emphasise comprehensive benefits and a long-term view for individuals and families. You may be asked for details if your health status has shifted, and sometimes a loading can apply.

    Pages that explain the difference between a broader health insurance contract and a narrower mediclaim policy show that full-featured cover goes beyond inpatient bills and may include other helpful support.

    How to Prepare for a Smooth Renewal

    Use this quick checklist to keep your cover continuous, disclosures clear, and premiums predictable at renewal.

    • Review the benefits you actually use: Revisit hospitalisation, diagnostics, outpatient and ambulance features, plus how cashless treatment works at the hospitals you prefer. That’s an everyday value worth checking before renewal.
    • Update disclosures early: If something material has changed, share it well before the due date. Early clarity supports faster, cleaner decisions.
    • Right-size the cover: Your sum insured should reflect your life stage and the number of members on the policy. Product guidance often encourages a considered choice here rather than a race to the cheapest premium.
    • Know the claims routes: Understand cashless versus reimbursement and what each route expects from you. When you’re organised, claims are easier during the term and renewal conversations stay grounded in facts.
    • Think long term when you buy health insurance: The goal is to hold cover that matches your needs today and tomorrow over the long term, not just the lowest price tag.

    Choosing Health Insurance With Renewal in Mind

    When you compare options, look beyond headline prices. A stable plan blends everyday usability with robust protection. Consumer guidance consistently points to a few anchors: an accessible cashless network, clear coverage and exclusions, and step-by-step buying and renewal information.

    Use that checklist to identify the best health insurance for your situation rather than chasing a bargain that won’t stand up at claim time. If you prefer a simpler structure focused mainly on inpatient treatment, a mediclaim policy might suit you.

    A Quick, Practical Checklist

    Pointers to follow:

    • Confirm personal and medical details, and disclose any genuine material change.
    • Revisit coverage, exclusions and waiting periods before you pay the renewal premium.
    • Recheck the cashless network you rely on for treatment.
    • If you plan to buy health insurance for the first time, read the steps, features and claims guidance so you avoid surprises later.

    Final Thoughts

    See “Material change” as an update prompt rather than a pitfall. The broader architecture of medical insurance, comprehensive benefits, explicit claims routes, and practical buying guidance exists to make renewal predictable. Use renewal season to reassess cover, keep disclosures clean and choose upgrades that add genuine value. Do that and your health insurance is more likely to remain steady, stress-free, year after year.

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