Front Runner

01 Sep 2018 CW Team

Construction major Larsen & Toubro (L&T), under its CEO and Managing Director SN Subrahmanyan, has bagged a contract from GMR Hyderabad International Airport (GHIAL) for airport expansion works. The GMR Infrastructure subsidiary, GHIAL has issued a LoI for the construction of terminal building and airside infrastructure through international competitive bidding on L1 basis for Rs 30.28 billion to L&T, and to Megawide Construction Corporation for Rs 9.8 billion. With the Rajiv Gandhi International Airport functioning at its full capacity, the airport seeks expansion, aiming to achieve 34 million annual passengers throughput from its current design capacity of 12 million annual passengers. The expansion work is expected to be completed within 42 months from the date of award. This new airport work order is yet another feather to L&T's cap full of strong work orders; with Subrahmanyan's efforts in driving growth for L&T knowing no bound.

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 ..