PM Modi to launch projects worth over Rs 95 billion in Telangana

11 Nov 2022 CW Team

On November 12, Prime Minister Narendra Modi is scheduled to travel to Ramagundam in Telangana to dedicate and lay the cornerstone for numerous projects totalling more than Rs 95 billion.

The Prime Minister reportedly lay the first stone for the Ramagundam project on August 7, 2016. The Prime Minister's goal of achieving urea self-sufficiency is the impetus for the revitalisation of the fertiliser plant. The Ramagundam factory will produce 12.7 LMT of native, neem-coated urea annually.

Ramagundam Fertilizers and Chemicals (RFCL), a joint venture comprising National Fertilizers (NFL), Engineers India (EIL), and Fertilizer Corporation of India, has been established to oversee the project (FCIL). The task of establishing the new ammonia-urea plant, which required an investment of more than Rs 63 billion, was given to RFCL. Gas will be delivered to the RFCL Plant via the Jagdishpur, Phulpur, and Haldia Pipeline.

Also read:
MMRDA to construct first pedestrian bridge with travelator
Payments to be made for land acquisition for the smart city project

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 ..