Forged wheel factory to come up at Rae Bareli

04 Oct 2013 CW Team

An agreement to set up the India鈥檚 largest Forged Wheel Plant at Lalganj, Raebareli, in Uttar Pradesh was signed in the presence of the Minister of Steel, Beni Prasad Verma and the Railway Minister Mallikarjun Kharge on October 3. Verma said that setting up of this plant nearer to the already commissioned Rail Coach Factory, will give it an advantage in terms of location and would also help in industrial development of Uttar Pradesh. He hoped that the project will be completed in a short time by constitution of a task force for its speedy execution. The Railway Minister Mallikarjun Kharge said that the forged wheels are essentially required in the rolling stock for running longer trains at higher speed. He said imports substitution, indigenous development and inclusive growth is the driving force for setting up this project through mutual coordination between Ministry of Railways and Ministry of Steel.

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 ..