RailTel Partners with South African Firms for Tech Promotion
RailTel Expanding Business in Neighbouring Countries
RailTel Corporation of India Ltd., a leading telecom infrastructure provider, is embarking on an ambitious expansion plan to extend its business operations into neighbouring countries such as Bhutan and Bangladesh. With a strategic focus on enhancing connectivity and digital infrastructure across borders, RailTel aims to leverage its expertise and resources to contribute to the socio-economic development of these nations.
This move comes in line with RailTel's commitment to supporting regional connectivity initiatives and fostering closer ties with neighbouring countries. By expanding ..
RailTel Explores Mega Projects in Vietnam
RailTel Corporation of India Limited, a leading telecommunications and information technology services provider, is poised to embark on significant infrastructure projects in Vietnam. With a robust track record in deploying digital connectivity solutions, RailTel aims to bolster Vietnam's railway networks and broader infrastructure landscape through cutting-edge technology interventions.
Vietnam's burgeoning economy and ambitious infrastructure development plans have attracted the attention of international players like RailTel. The company's expertise in telecommunications infrastruct..
RailTel targets large infrastructure ventures in Vietnam
The state-owned RailTel Corporation is exploring international business opportunities and evaluating infrastructure projects in Vietnam. The company is focusing on significant projects, typically exceeding Rs 10 billion, to undertake in the Southeast Asian nation.
RailTel was tasked with venturing into international markets nearly a year ago. Their efforts are aimed at securing business opportunities abroad. During the previous year, they visited Vietnam as part of the Namaste Vietnam initiative, where they presented their capabilities to Vietnamese authorities.
RailTel partici..
IIFCL's FY24 disbursement surges 62% to Rs 223.56 bn
The state-owned India Infrastructure Finance Company announced a disbursement of Rs 223.56 billion in the fiscal year 2023-24 (April-March), marking a 62% increase compared to the previous year. This surge indicated a heightened demand for longer tenure financing within the infrastructure sector. As of March 2024, the cumulative disbursement on a consolidated basis amounted to about Rs 1.48 trillion.
During a post-earnings press conference, Padmanabhan Raja Jaishankar, the Managing Director of IIFCL, stated that the proportion of completed and operational assets had been steadily g..
Biden's Tariffs Signal U.S. Trade Policy Shift
In a significant move signaling a strategic shift in U.S. trade policy, President Joe Biden has announced new tariffs targeting a range of Chinese clean tech exports. This move comes amidst a backdrop of increasing tensions between the world's two largest economies and a growing emphasis on decarbonization efforts globally.
The escalation of tariffs, particularly on goods such as Chinese electric vehicles and solar cells, underscores Biden's aim to address both climate change and the need to reduce dependency on Chinese manufacturing. While some may view these tariffs as primarily symb..