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Indian airports record better traffic recovery compared to global counterparts: ICRA
AVIATION & AIRPORTS

Indian airports record better traffic recovery compared to global counterparts: ICRA

The Indian airport sector experienced far quicker recovery in traffic in the post pandemic environment compared to their global counterparts, according to a report by research and ratings agency ICRA. ...

The Indian airport sector experienced far quicker recovery in traffic in the post pandemic environment compared to their global counterparts, according to a report by research and ratings agency ICRA. While the global passenger traffic recovered to just 96 per cent of global passenger traffic in CY2023, the Indian airport passenger traffic revived to 106 per cent of the pre-Covid level owing to strong economic growth as well as the addition of new airport routes. The average recovery in passenger traffic compared to pre-Covid levels for the top 10 airports stands at around 98 per cent. Delhi International Airport has seen passenger traffic recovery of 105 percent, far higher than the average recovery of 98 per cent among the top 10 global airports, ICRA said in its report. In March, Delhi International Airport officially became a 100-million capacity airport.

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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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