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Mammoth Milestone!
Real Estate

Mammoth Milestone!

L&T delivers Komatsu’s first 300 tonne electrical shovel in India to SECL-Gevra.L&T Construction & Mining Machinery achieved a milestone with the erection and commissioning of Komatsu PC3000-6 Electrical Shovel, its first 300-tonne electrical shovel suppl...

L&T delivers Komatsu’s first 300 tonne electrical shovel in India to SECL-Gevra.L&T Construction & Mining Machinery achieved a milestone with the erection and commissioning of Komatsu PC3000-6 Electrical Shovel, its first 300-tonne electrical shovel supplied in India, at Gevra, India’s largest mines under South Eastern Coalfields (SECL). Meeting deadlinesAt an event held on July 20, 2020, at the site, the mammoth machine was formally handed over to SP Singh Bhati, General Manager, SECL, by L&T team comprising A Chakraborty and Kiran Tilaganji.Arvind K Garg, Executive Vice President and Head-CMB, in his message, complimented the L&T Team on getting the magnificent machine ready for the operation, despite many challenges. He said the supply has reaffirmed L&T’s commitment to customers and technical capabilities, and opened a new chapter in the strategic relationship between L&T and Coal India towards accelerating coal output in the country.Despite the COVID-19 challenge, L&T team could assemble and deliver the machine within the 30-day deadline. The machine was shipped from Komatsu, Germany, in segments. The assembly, erection and commissioning at site was carried out by a determined and dedicated team from L&T comprising engineers, welders, machinists, electricians and others.The orderKomatsu and L&T had bagged this order from Coal India for supply, erection and commissioning of four PC3000-6 (16 cu m) face shovel with electric drive for delivery to SECL. L&T will take care of these equipment for four years with 85 per cent assured availability. L&T is the exclusive distributor of Komatsu Mining Equipment in India.(Communication by the management of the company)

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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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Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

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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, “We 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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