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 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..
RailTel's Q4 Net Profit Up 3%
RailTel Corporation of India Limited has reported a 3% year-on-year increase in its net profit for the fourth quarter, reaching Rs 775 million. The company's total income for the quarter stood at Rs 852 crore, showcasing a stable financial performance amidst challenging market conditions.
RailTel's Q4 results reflect its resilience and ability to maintain profitability despite the ongoing economic uncertainties. The company's focus on delivering reliable and innovative telecom and network services has contributed to its sustained growth and financial stability.
The 3% rise in net..
Agartala-Akhaura Railway Link Opens
The Agartala-Akhaura railway link, a significant project under the Maitri Setu initiative, is set to become operational soon, according to the Chief Minister of Tripura. This cross-border rail connection aims to enhance connectivity between India and Bangladesh, fostering better economic ties and cultural exchange. The project includes a 12.03 km long rail line, with 5.46 km within India and 6.57 km in Bangladesh, linking Agartala in Tripura to Akhaura in Bangladesh.
The railway link is expected to reduce travel time and logistical costs significantly, boosting trade and tourism. It wi..
India to Become World?s 2nd Largest Urban Metro Network in 2 Years
India is on track to have the world's second-largest urban metro network within the next two years, according to Union Minister Hardeep Singh Puri. The expansion is part of the government's broader urban infrastructure development strategy under Prime Minister Narendra Modi's leadership.
Currently, over 1,000 kilometres of metro rail projects are under construction in various cities, including Delhi, Bangalore, Kolkata, Chennai, Kochi, Mumbai, Nagpur, and Ahmedabad. These projects are part of the government's commitment to enhancing urban mobility and infrastructure.
The Union Mi..