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Kernex Microsystems receives work order worth Rs 3 crore

Capital Market/ 16:48 , May 14, 2012

Kernex Microsystems has announced that the company received work order for Rs 3 crore to upgrade the software in Raksha Kavach deployed in North Frontier Railways scheduled to be completed by July 2012. This is expected to limit the braking and improve the overall performance.

The company received approval from Konkan Railway Corporation to extend the CMC services being delivered to NF Railways ACD, by 6 months upto 30 September 2012 at an approx. cost of Rs 7 crore.

 



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