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Urban local bodies in state to contribute to $1 trillion economy goal
ECONOMY & POLICY

Urban local bodies in state to contribute to $1 trillion economy goal

The Uttar Pradesh government, led by Chief Minister Adityanath, plans to make local bodies self-reliant and enhance their income. The UP government aims to fortify all urban local bodies (ULBs) by making substantial investments in infrastructure and services, tr...

The Uttar Pradesh government, led by Chief Minister Adityanath, plans to make local bodies self-reliant and enhance their income. The UP government aims to fortify all urban local bodies (ULBs) by making substantial investments in infrastructure and services, transforming them into significant sources of revenue and enabling them to contribute effectively to the goal of a $1 trillion economy.This initiative will boost the income of corporations, municipalities, and nagar panchayats. ULBs will select 38 projects in a phased manner. The proposed investments will focus on administrative and utility infrastructure, including office buildings, urban kiosks, mechanised and other types of parking and road junctions.

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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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Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

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Infrastructure Urban

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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