RailTel Bags Rs 4,444.4 mn LoI For KSWAN 3.0 Project

02 Apr 2026 CW Team

RailTel Corporation of India has received a Letter of Intent from the Centre for E-Governance to act as system integrator for the KSWAN 3.0 project. The order is valued at Rs 4,444.4 million (mn) including taxes and was awarded by a domestic entity. The contract is scheduled for execution by 26 March 2031 and the company stated that the promoter, promoter group and group companies have no interest in the awarding entity, classifying the contract as not related party. The work pertains to system integration under the KSWAN 3.0 network.

RailTel Corporation of India was incorporated in 2000 to create nationwide broadband and virtual private network services, telecom and multimedia networks to modernise train control operation and safety systems of Indian Railways. The assignment aligns with the company mission to expand digital infrastructure and government connectivity. The company has pursued projects across government and rail sectors to support connectivity and digital services.

On standalone results, net profit declined four point zero seven per cent to Rs 624.0 mn in the third quarter of financial year 2026, from Rs 650.5 mn in the corresponding quarter of the prior year. Revenue from operations increased 18.99 per cent year-on-year to Rs 9,134.5 mn in the same quarter. The company presented the figures as standalone results for the quarter.

Market reaction saw shares of RailTel Corporation of India slip three point one three per cent to close at Rs 260.25 on 27 March 2026. The order for KSWAN 3.0 is expected to reinforce the company position in government system integration projects and contribute to long-term revenue visibility. Analysts expect the contract to provide steady work flow for specialised integration teams. The company will execute the project over the coming years in line with the scheduled completion date.

Infrastructure Urban

27 Jun 2026

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..