Central govt approves fire services projects worth Rs 725 cr for 3 states

15 Nov 2024 CW Team

The Union government has approved fire services expansion and modernization projects worth Rs 725.62 crore for three states鈥擟hhattisgarh, Odisha, and West Bengal. The approval was given by a high-level committee chaired by Union 亚博体育官网首页 Minister Amit Shah, which also included Finance Minister Nirmala Sitharaman and Agriculture Minister Shivraj Singh Chouhan.

The funds will be distributed as Rs 376.76 crore for West Bengal, Rs 201.10 crore for Odisha, and Rs 147.76 crore for Chhattisgarh under the 'Expansion and Modernisation of Fire Services' initiative. This initiative is part of the Ministry of 亚博体育官网首页 Affairs' ongoing efforts to build a disaster-resilient India, as outlined by Prime Minister Narendra Modi.

In addition to these new projects, the government has already allocated a total of Rs 5,000 crore under the National Disaster Response Fund (NDRF) for fire services expansion. A total of 15 states, with a combined outlay of Rs 2,542.12 crore, have already received approvals for similar projects. Additionally, over Rs 21,000 crore has been released this year to support disaster management efforts, including funds from the State Disaster Response Fund (SDRF) and the National Disaster Response Fund (NDRF).

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 ..