Madurai鈥檚 first elevated corridor to be ready by January

28 Nov 2022 CW Team

The first elevated corridor for Madurai district, which is part of the four-lane highway connecting Madurai with Thuvarankurichi via Natham, is on track to be commissioned by January 2023.

鈥淭he works are in an advanced stage and finishing touches are now being given,鈥� said an official of the National Highways Authority of India (NHAI).

The work under the Bharatmala Paroyojana Scheme began in November 2018 and was scheduled to be completed by November 2020, but got stretched by two more years following the Covid disruption and delay in shifting of service lines.

The 7.3 km-long elevated corridor, said to be the longest in Tamil Nadu, stretches between IOC Junction in Chinna Chokkikulam and Chettikulam before returning to ground level.

鈥淭his road (62 km) will reduce the distance between Madurai and Tiruchi by around 20 km,鈥� the official said. Besides, it would be the feeder road to the second Ring Road, under construction, between Vadipatti and Thamaraipatti. 鈥淭hus, it would serve as a better link road for people from northern side of Madurai to reach destinations in southern western and northern districts,鈥� he added.

Of the three arms, the two exit arms on Ambedkar Road and Alagarkoil Road are almost complete, while work for entry arm on Gokhale Road along with construction of a major culvert on the same road is under way.

Madurai; NHAI; Bharatmala Paroyojana; elevated corridor

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 ..