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Har Ghar Tiranga: NIDF, Chandigarh University create Guinness World Record for largest human image of waving National Flag

UT Administrator Banwari Lal Purohit, Union Minister Meenakshi Lekhi among 25,000 people gather for historic event at Chandigarh Cricket Stadium; 5885 students, dignitaries weave the tricolour formation

Turns out to be a great milestone in Har Ghar Tiranga campaign, takes campaign to international level

CHANDIGARH, India, Aug. 13, 2022 /PRNewswire/ — Strengthening Prime Minister Shri Narendra Modi’s ongoing ‘Har Ghar Tiranga’ campaign and taking it to international level to mark the 75th Independence Day of India, the NID Foundation and Chandigarh University on Saturday created the Guinness World Record for formation of ‘World’s Largest Human Image of a Waving National Flag’ when as many as 5885 students from Chandigarh University and other schools and colleges along with the volunteers of the NID Foundation of the UT and other dignitaries gathered for the flag formation at Chandigarh Cricket Stadium and created the history in the heart of the City Beautiful.

Overall, more than 25,000 people including youth and citizens of Chandigarh filled the air with patriotism which included Punjab Governor and Chandigarh UT Administrator Shri Banwarilal Purohit, Union Minister of State for External Affairs, and Culture Smt Meenakshi Lekhi, NID Chief Patron and Chandigarh University Chancellor S. Satnam Singh Sandhu, Dharam Pal, Adviser to the Administrator, Chandigarh UT; Vinay Pratap Singh, Deputy Commissioner Chandigarh; Sarabjit Kaur, Mayor Chandigarh; Parveer Ranjan, DGP Chandigarh UT, Prof Himani Sood, Founder NID Foundation and other top officials of the UT administration.

The event was aimed at strengthening the ‘Har Ghar Tiranga’ campaign envisioned by honourable Prime Minister Narendra Modi as part of Azadi Ka Amrit Mahotsav to mark the 75 years of Independence of country, and take it to international level via this world record. Besides igniting the spirit of patriotism and nationalism among the citizens of this great nation, the event will also prove to be a great milestone in achieving Government of India’s target of unfurling tricolour atop 20 Crore houses.

The patriotic fervour and zest was visible in the air as more than 25 thousand people gathered at the Chandigarh Cricket stadium, where over 5885 young boys and girls formed World’s Largest Human Image of a Waving National Flag, thus creating a new Guinness World Record, amidst the loud chants and cheers from the gathering. Along with the students, Banwarilal Purohit, Smt Meenakshi Lekhi, S. Satnam Singh Sandhu, Dharam Pal and other dignitaries were also a part of the flag formation.

Swapnil Dangarikar, official Guinness World Records Adjudicator, who was present at the event verified the record. “The previous world record for the largest human image of a waving national flag achieved by GEMS Education in Abu Dhabi, UAE has been broken and a new world record has been created by NID Foundation and Chandigarh University in today’s event,” he confirmed.

UAE had achieved the record for the largest human image of a waving national flag with 4130 people, in 2017. However, India has broken the record comfortably, said the official.

Mr Dangarikar also handed over a copy of the GWR certificate to Punjab Governor and UT Administrator Shri Banwarilal Purohit and S. Satnam Singh Sandhu, Chief Patron, NID Foundation, and Chancellor, Chandigarh University and congratulated them.

Speaking on the occasion, Shri Banwarilal Purohit said that with the successful creation of world record formed by Chandigarh University and NID Foundation, Chandigarh has given a great message to the entire world, on the 75th anniversary of India’s Independence Day.

“This event has become even greater than what I had imagined. I extend my heartfelt congratulation to Chandigarh University Chancellor and NID Foundation Chief Patron S. Satnam Singh Sandhu whose team has achieved this feat. Not only their institutions, but they have made the entire Chandigarh and entire country proud,” said Shri Purohit, who was the chief guest at the event.

“The way that the NID Foundation and Chandigarh University has been able to bring people together, celebrating the spirit of patriotism and paying tributes to those who made supreme sacrifice for country’s freedom, has been absolutely commendable. This is the first of its kind event in the entire India and I congratulate them on the success of the event,” said Shri Purohit.

Asking people to get motivation from the 25000 citizens who attended the event, Shri Purohit urged them to take a pledge on August 15 to dedicate themselves to the country and the nation building.

In her address, Smt Meenakshi Lekhi, Union Minister of State for External Affairs, and Culture said, “Thousands of our youth gathered here to form the waving image of our tricolour, there could not be a better view in the entire country than what we witnessed here today. Congratulations to the NID Foundation, Chandigarh University and most importantly the students, who made this dream of mine come true.”

Thanking the union home ministry for the allowing people to unfurl national flags, Lekhi said that she was overwhelmed by the respect people have in their hearts for the tricolour.

“On the 75th Indepedence Day, I appeal the people to resolve for a even better India, and pledge that they will contribute in every manner for the next flight of India to become the Vishwa Guru, in next 25 years,” she said.

Speaking on the occasion, S. Satnam Singh Sandhu, Chief Patron, NID Foundation, and Chancellor, Chandigarh University congratulated all the participants and said that historic formation of the national flag aptly celebrate the spirit of India’s 75th Independence Day under the aegis of Azadi Ka Amrit Mahotsav.

“The Tricolour is a symbol of national pride for the entire country. To honour our national flag, the Government of India under the able leadership of Honourable Prime Minister Shri Narendra Modi Ji is celebrating Azadi ka Amrit Mahotsav in all over the nation and has started the program of ‘Har Ghar Tiranga’ which envisages inspiring Indians everywhere to hoist the national flag at their home. This along with the intent to invoke the feeling of patriotism in the hearts of our people was the motive behind this initiative of NID Foundation and Chandigarh University,” he said.

“Our national flag is more than the three colours, but is also a reflection of the pride of our past, our commitment to the present and our dreams of the future. Our tricolour is a symbol of India’s unity, integrity and diversity. I am thankful to Chandigarh Administration for their unwavering support in achieving this historic feat,” he added. 

The joys and excitements of those in attendance knew no bounds as they breathed in patriotism. Sharing his thoughts about the event, Sunil Sharma, a student of Chandigarh University said that he was proud of the fact that his university organised such a significant event and made a world record. “I am proud that I am a part of this historic event, celebrating the independence of a land that has given us a unique identity and associated with proud heritage and values,” he said.

“This is a day when we commemorate and pay homage to the courageous sacrifices of our freedom fighters, who fought hard with a worthy patriotic spirit to get their home free of British oppression. At 75 year of independence, it’s very important that we continue to cherish and practise the same ideals and values our great countrymen held dear during their struggle to build an independent India,” said Shahid, another student from the city.

On the occasion, six NGOs were honoured with Karam Yodha awards for distinguished social service in their respective fields. These included Harjeet Singh Sabbarwal for Tera Hi Tera Mission Hospital, Prof (Dr) Surinder Pal Singh Oberoi for Sarbat Da Bhala NGO, Gurmeet Singh Sodi for Sant Baba Kartar Singh Ji Bhairon Majra Wala; Asha katoch, MD and CEO for Developing Indigenous Resources India, Vineet Joshi for Joshi Foundation, and Pooja Bakshi for Woman and Child Welfare Society. Besides, Youth Icon Awards were presented to eminent Indian Wrestler Yogeshwar Dutt for his outstanding achievements in Olympics as well as Indian Actress Isha Rikhi for making the nation proud in the entertainment industry.

The event concluded with flag hoisting and singing of the national anthem. The day-long event also witnessed cultural activities, and a ceremony to acknowledge and honour the gallant actions and sacrifices of freedom fighters and armed forces personnel. Awards were also conferred upon people for their exceptional achievements in the fields of arts, education, sports, medicine, public affairs, social service and literature.

Apart from this, a massive digital campaign has also been launched where the NID Foundation and Chandigarh University will reach out to 1 lakh citizens of Chandigarh to motivate them to participate in the ‘Har Ghar Tiranga’ campaign. Apart from this, patriotic messages will also be sent to 50000 youth of Chandigarh to give impetus to this campaign.

About NIDF

NID Foundation founded by Satnam Singh Sandhu is a social, economic, and political outreach & engagement organization that works with the community, government, industry, and civil society stakeholders to generate reform-oriented intelligence in areas of domestic and international issues, governance, education, and environmental reforms, thereby supporting leaders and policymakers in making informed decisions. Our vision uses global challenges as props and set cutting-edge experiential learning tools to trigger this adaptive capacity.

With active participation of thought leaders like Satnam Singh Sandhu, the NID Foundation is conceptualized and developed at the intersection of issues that are critical to building a New India and focuses on shared global responsibilities, ecological conservation, education, sustainability, and universal wellness. NID Foundation builds partnerships that bring together resources, expertise, and vision while working with the core actors of nation-building to identify issues, find solutions and drive change.

Website: www.nidf.in

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Mitsubishi Heavy Industries joins Infosys-led JV in Japan, HIPUS

JV to accelerate business process transformation for enterprises leveraging digital procurement platforms

BENGALURU, India and TOKYO, April 17, 2025 /PRNewswire/ — Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys’ presence in Japan. MHI is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.

Infosys_Logo

HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.

MHI has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a 2 percent stake from Infosys. Through this investment MHI aims to further explore new business opportunities in the region.

Anantha Radhakrishnan, CEO and MD, Infosys BPM, and Chairperson, HIPUS Board said, “Japan continues to be a strategic market for Infosys and HIPUS and we have consistently expanded our footprint in the region. This collaboration with MHI reinforces Infosys’ commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS.”

Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries, said, “In our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy, we expect HIPUS advanced analytics and support to significantly improve procurement operations, enable well informed decision making, and generate greater value across the organization.”

Kiyoshi Asami, CEO and Representative Director, HIPUS, said, “MHI has become an important client for HIPUS receiving a wide range of services. HIPUS is also executing MHI services beyond Japan, leveraging Infosys’ global presence as well as its strong sourcing and procurement services. We are extremely delighted that MHI has decided to invest in HIPUS and we look forward to an impactful collaboration.”

The transaction is expected to close during the first quarter of fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions.

About Mitsubishi Heavy Industries (MHI) Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com

About HiPUS

HIPUS Co., Ltd. promotes business process transformation and provide total procurement solutions with the procurement know-how cultivated over many years in the Hitachi Group as our business core. Since April 2019, Infosys has become our parent company, and we provide new, cutting-edge services that combine global knowledge and domestic skills in procurement processes, consulting, analytics, Gen AI, and other digital technology services. For more information, please visit https://www.hipus.com.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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The Core and Algorand Foundation Kickoff ‘Build on Blockchain’ Series

The strategic content partnership is aimed at delivering insightful, high-impact content at the intersection of business, technology and blockchain for industry leaders and innovators.

MUMBAI, India, April 17, 2025 /PRNewswire/ — The Core, a leading digital business journalism platform in India is pleased to announce a strategic content partnership with pioneering blockchain technology company Algorand Foundation. The partnership will see expansive coverage of the evolving Web3 ecosystem through integrated podcasts, newsletters and video content. This collaboration comes on the heels of The Core recently completing 500 episodes of its flagship daily business podcast, The Core Report.

Algorand, founded by MIT professor and Turing Award winner Silvio Micali, is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput and low fees. Since its launch in 2019, Algorand has revolutionized industries, such as finance, supply chain, and digital identity offering an advanced proof-of-stake blockchain infrastructure that facilitates fast, secure and sustainable transactions. With a growing network of developers and enterprises leveraging its technology, Algorand is driving real-world adoption of blockchain solutions across the globe.

The collaboration between The Core and Algorand Foundation will showcase business challenges that can be solved by building on blockchain technology versus Web2, such as faster remittance, efficient identification and tracking provenance. It will highlight Algorand Foundation’s efforts to engage with universities, including the establishment of over 50 university blockchain clubs and the launch of developer training programs in collaboration with NASSCOM. The podcast series titled ‘Build on Blockchain’ will release weekly segments capturing domain experts who are building their products and solutions on blockchain, case-studies, etc. These initiatives aim to equip young Indian developers with skills in blockchain technology, fostering innovation and financial inclusion in the region.

Launching this new partnership, Anil Kakani, Vice President and India Country Head at Algorand Foundation, said “At Algorand, we believe in the power of blockchain to drive innovation and greater financial inclusion. Our partnership with The Core will amplify conversations with Web3 pioneers from India and around the world who are driving blockchain adoption and its transformative potential across industries.”

Govindraj Ethiraj, Founder & Editor of The Core, said, “Partnering with Algorand Foundation enables us to learn from and engage with cutting-edge technology, while also sharing real-time developments with our audience of decision-makers and industry leaders.”

This partnership with Algorand Foundation follows another recently concluded tech-content partnership between The Core and IT industry body NASSCOM for a podcast series titled ‘NASSCOM Conversations‘. Launched in 2023, The Core Report delivers sharp, insightful analysis on India’s economy, markets, regulations and technology’s transformative role in industries. Crafted for CXOs, business professionals and policymakers, the podcast has built a strong reputation as a go-to resource for in-depth discussions featuring prominent industry leaders, including A S Sahney, Chairman, Indian Oil; Nandan Nilekani, Cofounder, Infosys; Rajesh Nambiar, President, NASSCOM; Saugata Gupta, MD & CEO, Marico Ltd; Mark Mobius, Founder, Mobius Capital Partners LLP and many more.

For more details on The Core Report, visit: www.thecore.in; for Algorand Foundation, visit: www.algorand.com

About The Core:

The Core is a leading insights platform delivering sharp analysis and expert perspectives on India’s economy, finance, and technology. Through its flagship The Core Report, it provides concise, high-impact updates on markets, businesses, tech and policies that shape the nation’s future. Created for decision-makers and industry leaders, The Core distils complex developments into actionable intelligence.

The Core’s team of experienced journalists is led by financial journalist Govindraj Ethiraj who has reported and written on Indian business for over 25 years. More details on The Core at: https://www.thecore.in/; LinkedIn: @TheCore; Instagram: @the.core.in; X: @the_core_in; Facebook: @TheCore.in; YouTube: @thecore_in; Spotify: The Core Report

About Govindraj Ethiraj:

Govindraj Ethiraj is a television & print journalist & Editor of www.thecore.in as Editor. Previously, he was Founder-Editor in Chief of Bloomberg TV India, a 24-hours business news service launched out of Mumbai in 2008. Prior to setting up Bloomberg TV India, he worked with Business Standard newspaper as Editor (New Media). He also spent around five years each with CNBC-TV18 & The Economic Times. He is a Fellow of The Aspen Institute, Colorado, a McNulty Prize Laureate 2018 & a winner of the BMW Foundation Responsible Leadership Awards for 2014.

About Algorand Foundation:

Algorand’s mission is to power a world where information has integrity and innovative ideas can scale. The Algorand Foundation supports Algorand’s rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs and providing the framework for decentralized governance.

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GTPL Hathway Ltd : Revenue crosses ₹3,500 Cr., increases 8% Annually

AHMEDABAD, India, April 17, 2025 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter and Financial Year ended  March 31, 2025.

GTPL logo

Key Financial Highlights:

Key Consolidated Business & Financial Highlights: FY25 Annually                                      

  • Q4 FY25 Total revenue stood at  8,989 Mn, a growth of 10% Y-o-Y
  • FY25 revenue stood at  35,072 Mn a growth of 8% annually and Broadband Revenue grew by 4% annually
  • EBITDA for Q4 FY25 stood at ₹ 1,144 Mn with an EBITDA Margin of 12.7% and an operating EBITDA margin of 22%. For the full year, EBITDA stands at ₹ 4,625 Mn with EBITDA Margin of 13.2% with an operating margin of 22%
  • Q4 FY25 Profit After Tax stood at ₹ 105 Mn and the same for FY25 is ₹ 479 Mn
  • For FY25, the board of directors has recommended a dividend of ₹ 2/- per share (20% of Face value)

 

Particulars (₹ in million)

Q4 FY25

Q4 FY24

Q3 FY25

FY25

Digital Cable TV Revenue

2,982

3,148

3,024

12,327

Broadband Revenue

1,358

1,308

1,383

5,456

TOTAL Revenue

8,989

8,148

8,957

35,072

EBITDA

1,144

1,198

1,138

4,625

EBITDA Margin (%)

12.7 %

14.7 %

12.7 %

13.2 %

Operating EBITDA* (%)

22 %

23 %

22 %

22 %

Profit After Tax

105

128

102

479

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

  • Active subscribers were 9.60 Mn as of March 31, 2025, achieving an increase by 100K Y-o-Y
  • Paying subscribers stood at 8.90Mn, increasing by 100K Y-o-Y
  • Subscription revenue from Cable TV stood at ₹ 2,982 Mn for Q4FY25 & ₹ 12,327 Mn for FY25
  • Company signed Grant of permission agreement (GOPA) with Ministry of Information and Broadcasting for providing Headend-In-The-Sky (HITS) Services for a period of 10 years

Broadband

  • Increase in broadband subscribers by 25K Y-o-Y thus standing at 1045K
  • Broadband revenue increased by 4% to ₹ 1,358 Mn for Q4 Y-o-Y & ₹ 5,456 Mn for FY25
  • Homepass as on March 31, 2025, stood at 5.95Mn – an addition of 150K Y-o-Y. Of the 5.95Mn, 75% available for FTTX conversion
  • Broadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber, increased ₹5 Y-o-Y.
  • Average data consumption per user per month was 396 GB, an increase of 11% Y-o-Y

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited, said,

“It pleases me to report that the company has sustained its subscriber base across both business divisions reflecting the resilience within operations in an overall challenging industry environment. We continue to remain optimistic about our long-term strategies and our initiatives to capitalize on the evolving consumer trends. 

The upcoming financial year will be pivotal as we look to enhance our capabilities for distribution of TV services with material benefits expected to accrue over the medium term. We are constantly enhancing the ambit of our offerings, upgrading and implementing technological innovations and focusing on providing consumer centric services. We will continue to evaluate opportunities for growth across our businesses.”

 About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500 plus towns across India in 26 states. The company enjoys an expansive network, comprising 47,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 950+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on March 31, 2025, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.04 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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