Protection wall to be constructed near Airoli Katai Naka hill by MMRDA

20 Mar 2023 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) plans to construct a protective wall close to the Airoli Katai Naka hilltop in an effort to stop landslides during the monsoon. For the project, the agency engaged with IIT-Bombay. A brand-new elevated road that is now being built will go through the hillside. An estimated Rs 730 million would be spent to construct the reinforced cement concrete (RCC) wall. An official stated that the project is anticipated to be finished in nine months.

After a landslide in 2020, the authority had previously constructed a comparable retaining wall close to the Kandivali Bandongri hilltop. According to officials, construction on the Airoli Katai elevated road project is gradually nearing completion. The Mumbai Urban Transit Project includes it. The 12.3 km long elevated road project will be completed in three phases. Once ready, it will contribute to a 30-minute reduction in travel time between Katai Naka and Airoli. Mumbai residents who commute to Kalyan, Ambernath, and Badlapur will benefit.

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 ..