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India signs MoU with Russia for cooperation on coking coal
COAL & MINING

India signs MoU with Russia for cooperation on coking coal

The government has approved a MoU on coking coal cooperation between India's Ministry of Steel and Russia's Ministry of Energy. Coking coal is a key steel-making raw material for which domestic producers are still reliant on imports from a small number of countries. Imports account for approxim...

The government has approved a MoU on coking coal cooperation between India's Ministry of Steel and Russia's Ministry of Energy. Coking coal is a key steel-making raw material for which domestic producers are still reliant on imports from a small number of countries. Imports account for approximately 85 per cent of India's coking coal demand. India will be able to reduce its reliance on far-flung countries like Australia, South Africa, Canada, and the US for coking coal as a result of its cooperation with Russia. It will also lower the per-tonne cost of steel production as Russia is closer geographically than the other countries.

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Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

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BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

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