Karan Adani: Lucknow Airport T3 phase 1 to create 13,000 jobs

14 Mar 2024 CW Team

The inauguration of Integrated T3 at the Chaudhary Charan Singh International Airport (CCSIA) in Lucknow was conducted by Prime Minister Narendra Modi on March 10. According to PTI, Adani Airport Holdings stated that the construction cost amounted to Rs 24 billion and it has the capacity to accommodate 4,000 passengers during peak hours, catering to both domestic and international flights.

Karan Adani, the Managing Director of Adani Ports and Special Economic Zone, informed NDTV that Phase 1 of the Lucknow Airport Terminal 3 (T3) project is expected to generate employment for 13,000 individuals directly and indirectly. He further mentioned during the project launch that upon completion of the master plan, the terminal is anticipated to provide employment for 40,000 to 50,000 people.

Regarding the airport's operations, Arun Bansal, the Chief Executive Officer of Adani Airports, stated that the Lucknow Airport will operate entirely on green energy. He remarked, We have emphasised digitisation. DigiYatra and self-baggage drops have been made available from Day 1 to facilitate the use of technology in reducing dwell time. Our goal is to alleviate the stress of passengers while navigating through Indian airports. We aim to transform that into enthusiasm. On the aspect of sustainability, Bansal mentioned their collaboration with airlines to incorporate sustainable airline fuel.

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 ..