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7 stories mentioning NSE:RAILTEL

Every FINWIRES story that references NSE:RAILTEL, newest first.

Asia

RailTel Corp. of India Wins Railway Signaling Order Worth INR157 Million

RailTel Corp. of India (NSE:RAILTEL, BOM:543265) received a letter of acceptance worth 156.7 million Indian rupees from the senior divisional signal and telecommunication engineer, Jodhpur, for railway signaling work, according to a Sunday filing on Indian bourses.Shares of the company fell over 2% in early trade on Monday.The order involves providing double distant signals in the Jajiwal-Nawa City section of the Jodhpur railway division of North Western Railway, the filing said.The project is scheduled to be completed by May 13, 2027, it added.

BOM:543265NSE:RAILTEL
Asia

RailTel Corporation of India Bags New Orders for Providing AI-Based Surveillance System

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has secured a new order of an undisclosed amount from the Ministry of Railways, Government of India, according to a Thursday filing to the Indian stock exchanges.The contract is for the provision of an artificial intelligence-based surveillance system at New Delhi railway station.The financial consideration has not been worked out at this stage, the company said.RailTel's shares were up nearly 2% in recent trade.

BOM:543265NSE:RAILTEL
Asia

Indian Equities Fall on Friday as Middle East Tensions Weigh on Sentiment

Indian benchmark indices ended lower on Friday as renewed geopolitical tensions in the Middle East and selling in banking stocks weighed on the market.The BSE Sensex fell 516.33 points, or 0.7%, to close at 77,328.19, while the NSE Nifty 50 declined 150.50 points, or 0.6%, to settle at 24,176.15.Sentiment remained cautious after reports of fresh clashes between U.S. and Iranian forces near the Strait of Hormuz. Investors also tracked developments around the proposed US-Iran peace deal. Iran reportedly said it is still reviewing America's latest proposal.Among stocks, State Bank of India (NSE:SBIN, BOM:500112) dropped 7% after reporting a marginal rise in consolidated Q4 profit to 196.4 billion rupees from 195.0 billion rupees a year earlier. Earnings per share slipped to 21.28 rupees from 21.96 rupees despite higher interest income.RailTel Corp. of India (NSE:RAILTEL, BOM:543265) fell 2% despite securing an order of 249.1 million rupees from The New India Assurance Company for an AI and machine learning-based fraud monitoring solution.

^BSENifty 50BOM:500112BOM:543265NSE:RAILTELNSE:SBIN
Asia

RailTel Bags INR249 Million AI Fraud Detection Order from New India Assurance

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) secured an order worth 249.1 million Indian rupees from The New India Assurance Company, according to a filing to the Indian stock exchanges.The contract is for the procurement of an artificial intelligence and machine learning-based solution for monitoring and investigation of fraud, waste, and abuse of health insurance claims.The order will be executed by May 6, 2029.The company's shares were down over 1% in recent trade.

BOM:543265NSE:RAILTEL
Asia

RailTel Corporation Bags Order Worth INR138 Million for Supply of Computers

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has secured an order worth 138.4 million Indian rupees from the Directorate of Education, India, according to a Thursday filing to the Indian stock exchanges.The contract is for the setup of computer labs and the supply of laptops in government schools in Delhi, India, under the Directorate of Education, Government of NCT of Delhi.The project entails the supply, installation, commissioning, and comprehensive maintenance services for a period of five years for the equipment. It is scheduled for completion by April 29, 2031.The company's shares were down nearly 2% in recent trade in a weak broad market.

BOM:543265NSE:RAILTEL
Asia

RailTel Corporation of India Gets Letter of Acceptance for Order Worth INR2.55 Billion; Shares Jump 12%

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has received a letter of acceptance for an order worth 2.55 billion Indian rupees from Rail Vikas Nigam (NSE:RVNL, BOM:542649), according to a Tuesday filing to the Indian stock exchanges.The company's shares were up nearly 12% in recent trade.The contract is for the supply, installation, testing, and commissioning of integrated communication systems for tunnels T-1 to T-7 of integrated tunnel communication systems, including VHF Simplex System, CCTV System, PA system, and call points, among others.The project is expected to be completed on April 12, 2028.

BOM:542649BOM:543265NSE:RAILTELNSE:RVNL
Asia

Indian Equities Rise on Friday Ahead of US-Iran Talks

Indian benchmarks indices closed higher on Friday, supported by optimism around upcoming U.S.-Iran talks that could ease geopolitical tensions.The BSE Sensex gained 918.60 points, or 1.2%, to end at 77,550.25, while the NSE Nifty 50 rose 275.50 points, or also 1.2%, to settle at 24,050.60.Markets saw steady buying through the session. Banking and financial stocks led the gains. Investors are tracking the outcome of peace talks scheduled over the weekend, as it could influence crude oil prices and near-term market direction.Among stocks, RailTel Corp. of India (NSE:RAILTEL, BOM:543265) edged higher after securing a 231.8 million rupee order to develop an online portal for a Goa government body.Oasis Securities (BOM:512489) jumped 5% after appointing Surendra Kumar Joshi as chief financial officer with effect from Friday.

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