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The selection was based on an open tender process done by RailTel a "Miniratna", central PSU under Ministry of Railways.
This existing order adds to RailTel's growing portfolio of projects, thus further entrenching its position in the digital transformation space.
The project includes system integration, the expansion of the state data centre (SDC) and the setting up of a disaster recovery (DR) centre.
The Madhya Pradesh project is set to be completed by June 27, 2029. The Cuttack project is targeted for completion by July 11, 2025.
The project was awarded to complete the contract by August 16, 2026 to improve railway signalling and telecommunication infrastructure in the area.
RailTel was awarded the contract on February 19, 2025, with a project completion deadline set for August 19, 2025.
The company's net profit increased by 4.7% YoY, reaching ₹65 crore, compared to ₹62.1 crore in the same period last year.
This order, dated December 31, 2024, involves implementing an integrated IT-based security infrastructure along with related services.
Here are some of the stocks that may see significant price movement today: NMDC, Tata Motors, RailTel Corporation, etc.
It includes developing a new traction substation along with auxiliary equipment. It is designed to upgrade the power system for the train
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