Eastern Freeway in Mumbai to get another flyover

10 Oct 2013 CW Team

The Eastern Freeway in Mumbai has been very useful to commuters, but it has also added to the bottleneck at Panjrapole junction in Chembur. To avoid this, the Mumbai Metropolitan Region Development Authority (MMRDA) now plans to ease the congestion at Panjrapole junction in Chembur by building an additional flyover. The planned flyover arm will help divert traffic towards BARC junction. In June, the first 14 km phase of EFW corridor connecting CST with Chembur was opened to traffic. This helped reduce travel time between the two destinations to less than 25 minutes against at least 45 minutes earlier. More than 40,000 vehicles use the EFW daily. Now MMRDA plans to build a flyover that will take vehicles directly from EWF to BARC junction and back. Presently, vehicles descending at Chembur have to go around Panjrapole junction before hitting Sion-Trombay Road. This movement slows down traffic.The junction, also known as Shivaji Chowk, caters to traffic to and from Navi Mumbai via Sion-Trombay Road, W T Patil Marg, Dr Chotiram Gidwani Marg and Din Quarry Road. Other than cars, due to the presence of refineries in the area, the junction also sees heavy vehicular traffic. Wadala truck terminal as well as Mumbai Port Trust also adds to the traffic along the route.

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 ..