India signs 11 infrastructure MoUs worth $9.5 mn with Afghanistan

21 Jan 2019 Editorial Team

India has reportedly signed 11 Memorandum of Understandings (MoUs) worth $9.5 million with the Afghan Government. The MoUs singed were for infrastructure and public services such as health clinics and government-related projects.

The project are reportedly a part of the 577 development projects which are funded by India for 2005-2021 worth $120 million. The projects include construction of classrooms, orphanages, health clinics, canal protection walls and enhancing economic opportunities for women for the seven provinces of Afghanistan, namely, Balkh, Ghor, Herat, Kabul, Bamyan, Badghis and Kapisa. The project aims to help the local communities in education, employment and livelihood generation and capacity building.

The projects fall under the ambit of community-based Small Development Projects (SDP). The SDP aims at building capacities and capabilities of Afghan nationals and institutions for governance and delivery of public services, developing socio-economic infrastructure, securing and promoting livelihood options. Besides, India has undertaken projects worth over $2 billion in Afghanistan since 2001.

Infrastructure Urban

16 May 2025

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..

Infrastructure Urban

16 May 2025

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..

Infrastructure Urban

16 May 2025

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 ..