Building Tomorrow’s Roads
ROADS & HIGHWAYS

Building Tomorrow’s Roads

The second RAHSTA Forum 2024, held on August 30 at Hotel Sahara Star, has successfully set the stage for the highly anticipated RAHSTA Expo 2024. This prelude event brought together industry leaders, innovators, and key stakeholders to engage in insightful discussions, setting the tone for what...

The second RAHSTA Forum 2024, held on August 30 at Hotel Sahara Star, has successfully set the stage for the highly anticipated RAHSTA Expo 2024. This prelude event brought together industry leaders, innovators, and key stakeholders to engage in insightful discussions, setting the tone for what promises to be a landmark event in India’s road and highway infrastructure sector.The Forum was inaugurated by Pratap Padode, Founder of the FIRST Construction Council, a pioneering organisation dedicated to advancing India’s infrastructure development. Padode emphasised the Forum’s role as a crucial stepping stone toward the RAHSTA Expo 2024 and highlighted the upcoming RAHSTA Awards.He remarked, “Out of the total Rs 2.78 lakh crore allocated, the National Highways Authority of India (NHAI) has been designated around Rs 1.68 lakh crore as part of MoRTH’s capital expenditure plan for 2024-25. The government is focusing on developing access-controlled national highways and ensuring they meet a minimum of two lanes with paved shoulder standards.”Vipin Sondhi, Chairman of the RAHSTA Expo Committee and former MD and CEO of JCB India and Ashok Leyland, added, “The positive momentum in the industry is further reinforced by the 2024 Union Budget, which emphasises rapid infrastructure growth, particularly in roadways. The significant increase in capital expenditure dedicated to improving and expanding road infrastructure signals the government’s commitment to building a world-class network of roads and highways. This investment will not only enhance connectivity across the nation but also spur economic growth, create jobs, and improve the quality of life for millions of citizens.”A key highlight of the Forum was an engaging panel discussion on “BOT Revised Scheme, QCBS Tender System, and Road Projects Being Awarded.” Moderated by Vijay Agrawal, Managing Director at Equirus, the discussion featured a distinguished panel of experts, including RK Pandey, Former Member of NHAI and Member of the RAHSTA Committee; Prof. Satish Pandey, Principal Scientist at CSIR-Central Road Research Institute; Sudhir Hoshing, CEO of IRB Infrastructure Developers; and Zafar Khan, Chief Operating Officer at Highway Concessions One.The panel explored critical issues affecting the road and highway sector, including updates on the BOT scheme, the QCBS tender system, and the latest trends in project awards. Their insights provided attendees with a deeper understanding of the evolving landscape of road infrastructure in India.The forum for the RAHSTA Expo was attended by prominent figures from the infrastructure industry, including Himanshu Agarwal, COO of Zydex Industries; Rajan Aiyer, Managing Director of Trimble; Satin Sachdeva, Founder & Secretary General of the Construction Equipment Rental Association; SP Rajan, VP and Head of Plant and Machinery at L&T Construction; Satish Kumar, CEO of Mumbai First; Ashwin Moghe, Senior Vice President at UltraTech, among other exhibitors of the RAHSTA Expo.

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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..

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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..

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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, “We 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 ..

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