The two rail stocks had been strengthening ever since there had been reports that the government might divest up to 10 per cent stake in RailTel, Rail Vikas and four other public-listed railway firms. There had been reports that the divestment shall give the government a sum of Rs 12,000 crore.
The company said it had an income of Rs 440 crore in the second quarter of FY22-23. The results showed that this is a growth of 14 per cent over income of Rs 385 crore of Q1 of FY 22-23.
Bangalore (Karnataka) [India], October 3 (ANI/BusinessWire India): Teleindia's Datacenter, also known as 'Datasamudra', India's first ON-DEMAND & ON-REQUIREMENT Datacenter, Bangalore, offering globally aligned Colocation, Hosting & Cloud services & Telecom solutions and RailTel Corporation of India Ltd (RailTel), a Central public sector enterprise focusing on providing broadband and VPN services., entered into a Memorandum of Understanding to integrate each other's capabilities, facilities, & skills to enhance the end-user experience.
New Delhi [India], October 1 (ANI): RailTel on Saturday announced that customers of its retail broadband RailWire can now use their home broadband plans on RailTel's high-speed Wi-Fi network across 6,105 railway stations across the country.
New Delhi [India], October 1 (ANI): RailTel Corporation of India Limited, a Mini Ratna PSU of the Ministry of Railways, celebrated its 23rd Foundation Day at the CSOI auditorium on Friday.
New Delhi [India], September 27 (ANI): To generate more revenue and eye foreign markets, Miniratna RailTel is looking at expanding its business abroad and work with foreign companies, said the public sector enterprise's new Chairman and Managing Director (CMD) Sanjai Kumar on Tuesday. This process includes participation in foreign bids, signing of contracts with foreign countries and export of services, Kumar said.
Mumbai (Maharashtra) [India], August 26 (ANI/PRNewswire): RailTel and CloudExtel have partnered to launch India's first Shared RAN solution for congested locations with the objective to enhance the telecom user experience. RailTel and CloudExtel offer shared RAN solutions for seamless connectivity in stressed locations. Avg. user speed experience increased 5X to 15 Mbps for both Bharti Airtel and Vodafone Idea. Pilot project launched at Mumbai Central railway station demonstrated a 20 per cent increase in data consumption.
New Delhi [India], August 26 (ANI): RailTel, a CPSU of the Ministry of Railways and CloudExtel, a known Full Stack Network as a Service (NaaS) Provider have partnered together to launch India's first Shared Radio Access Network (RAN) solution for congested locations with the objective of enhancing telecom users' experience.
New Delhi [India], July 7 (ANI): In its major step to enhance security at Railway stations, the Ministry of Railways has installed the Internet Protocol (IP) based Video Surveillance System (VSS) at the stations across the country, which has been duly approved by the ministry under Nirbhaya funds.
New Delhi [India], May 31 (ANI): RailTel Corporation of India Limited, a CPSU under the Ministry of Railways has bagged two separate orders pertaining to Data Centre management and cloud services both together amounting to Rs 54.11 crore (excluding GST) which becomes Rs 68.86 crore (including GST) from the Defence Research and Development Organisation (DRDO).
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