+
RailTel secures orders worth Rs 11.99 cr from Cotton Corporation
Technology

RailTel secures orders worth Rs 11.99 cr from Cotton Corporation

Miniratna public sector undertaking (PSU) Railtel Corporation of India (RailTel), under the Ministry of Railways, has received an order worth Rs 11.99 crore from the Cotton Corporation of India Ltd, a PSU under the Ministry of Textile.

Railtel, in a regulatory filing in the stock exchange, said that it has received an order from Cotton Corporation of India for hiring on-cloud data centre hosting for hardware and software along with the migration of oracle E-Business Suite (EBS) and other applications.

According to the PSU, the total cost for the five-year project is Rs 11.99 crore.

Earlier in April, RailTel had bagged an advance purchase order from Bharat Sanchar Nigam Ltd (BSNL) to commission point-to-point links for a period of one year and further extendable by two years.

In February, RailTel launched its initial public offering (IPO), which was subscribed by 42.39 times. The issue opened for bidding on February 16 and closed on February 18. The price band for the IPO was set at Rs 93 to Rs 94 per share.

RailTel is a miniratna PSU under the Ministry of Railways. It is an Information and Communication Technology (ICT) provider and one of the largest neutral telecom infrastructure providers in India, owning a pan-India optic fibre network on exclusive Right of Way (ROW).

Image Source


Miniratna public sector undertaking (PSU) Railtel Corporation of India (RailTel), under the Ministry of Railways, has received an order worth Rs 11.99 crore from the Cotton Corporation of India Ltd, a PSU under the Ministry of Textile. Railtel, in a regulatory filing in the stock exchange, said that it has received an order from Cotton Corporation of India for hiring on-cloud data centre hosting for hardware and software along with the migration of oracle E-Business Suite (EBS) and other applications. According to the PSU, the total cost for the five-year project is Rs 11.99 crore. Earlier in April, RailTel had bagged an advance purchase order from Bharat Sanchar Nigam Ltd (BSNL) to commission point-to-point links for a period of one year and further extendable by two years. In February, RailTel launched its initial public offering (IPO), which was subscribed by 42.39 times. The issue opened for bidding on February 16 and closed on February 18. The price band for the IPO was set at Rs 93 to Rs 94 per share. RailTel is a miniratna PSU under the Ministry of Railways. It is an Information and Communication Technology (ICT) provider and one of the largest neutral telecom infrastructure providers in India, owning a pan-India optic fibre network on exclusive Right of Way (ROW). Image Source

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?