Ten firms vie for 179 km Jalna-Nanded e-way, Linking Samruddhi Mahamarg

26 Apr 2024 CW Team

Ten firms have submitted 23 bids for the construction of the 179.85 km Jalna-Nanded expressway in Maharashtra. It was noted that among the contenders were industry leaders such as Afcons Infrastructure, APCO Infratech, GR Infraprojects, NCC, PNC Infratech, and the state-owned Ircon International (IRCON).

It was further noted that the Maharashtra State Road Development Corporation (MSRDC) had pre-qualified a total of 18 firms to undertake the construction of this expressway. In January of this year, MSRDC invited price bids from these pre-qualified firms for the construction of the expressway in six separate packages, designated as JNE-1 to JNE-6. It was mentioned that each package came with a construction deadline of 900 days.

The expressway, formally known as the 'Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg,' spans 701 km and connects Nagpur, the winter capital, to Mumbai, the financial hub.

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 ..