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Singapore Airlines commits Rs.31.95 bn to Air India
AVIATION & AIRPORTS

Singapore Airlines commits Rs.31.95 bn to Air India

The Uttar Pradesh Government has approved a Social Impact Assessment (SIA) survey to acquire 2,084 hectare for Phase 3 of Noida International Airport’s expansion. This approval allows for Section 11 of the Land Acquisition Act to be enacted, halting any sales, purchases, or construct...

The Uttar Pradesh Government has approved a Social Impact Assessment (SIA) survey to acquire 2,084 hectare for Phase 3 of Noida International Airport’s expansion. This approval allows for Section 11 of the Land Acquisition Act to be enacted, halting any sales, purchases, or construction within the designated area. The Noida International Airport, located in Jewar, will eventually span 5,000 hectare, with the initial 1,334-hectare phase set to begin commercial operations next year, positioning it as India’s largest airport. Phase 2 plans are underway to secure 1,365 hectare for maintenance, repair, and overhaul. Singapore Airlines (SIA) announced a fresh investment of `31.95 billion in Air India, following the carrier’s recent merger with Vistara. This additional capital injection highlights SIA’s commitment to the Indian market and to strengthening Air India as it embarks on a major expansion and modernisation plan. The strategic move aims to enhance Air India’s operational capabilities, increase its fleet size, and improve service offerings, as part of Tata Group’s vision to revitalise the oncenational airline. Contact: Singapore Airlines Website: www.singaporeair.com

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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, “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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