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RailTel Corp rises after order win

RailTel Corp gains after order win

RailTel Corporation of India rose 3.49% to Rs 123.10 after the company secured a contract for a period of five years worth Rs 11.99 crore. RailTel Corporation of India has received a work order from Cotton Corporation of India, for hiring on-cloud data centre hosting for hardware and software along with migration of Oracle EBS and other applications. The total cost for five years contract period would be Rs 11.99 crore. RailTel Corporation of India posted a 61.1% rise in consolidated net profit to Rs 69.66 crore on a 52% jump in net sales to Rs 410.60 crore in Q3 FY21 over Q3 FY20. RailTel Corporation of India, a public sector undertaking under the Ministry of Railways (MoR), Government of India, is an information and communications technology (ICT) infrastructure provider and is one of the largest.

Ircon International announces appointment of CMD

With effect from 01 May 2021Ircon International announced that pursuant to order of Ministry of Railways (MoR), Govt. of India, Mukesh Kumar Singh, Director (Finance), IRCON (DIN - 06607392) has assumed the additional charge of the post of CMD, IRCON in addition to his own duties on 1 May 2021, for a period of three months or until further orders of MoR whichever is the earliest. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to

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