Updated Mar 04, 2021 | 18:24 IST
RailTel expects to rake in Rs 10-15 crore in revenues annually from its paid high-speed wifi service launched across 4,000 stations. RailTel launches Wi-fi plans at 4000 railway stations; first 30 mins free | Photo Credit: Representative Image
Key Highlights
In pre-Covid time more than 2.9 cr people were using the service monthly.
More than 5,950 Indian railway stations have the facility of wifi
State-run RailTel Corporation of India, under the Ministry of Railways, has launched its high-speed Wi-Fi service at more than 4,000 railway stations across the country.
The central public sector enterprise (CPSE) as part of its Railwire Wi-Fi service has launched several high-speed prepaid plans. They provide 30 minutes of free access per day at 1 Mbps speed across the eligible railway stations after which users can choose a plan with higher speed by paying a nominal fee.
RailTel launches prepaid plans for Wi-Fi at more than 4000 railway stations ANI | Updated: Mar 04, 2021 23:54 IST
New Delhi [India], March 4 (ANI): RailTel has launched prepaid plans for its Railwire Wi-Fi at 4000 plus railway stations across the country. RailTel has launched prepaid plans for its Railwire Wi-Fi at 4000 plus Railway stations across India. Going forward, a passenger can use 30 minutes free wi-fi per day at 1 mbps speed at these 4000 plus railway stations. For using the Wi-Fi facility at a higher speed of upto 34 mbps, the user needs to choose a plan with a higher speed by paying a nominal fee, read a press statement by the Indian Railways on Thursday.
RailTel Corp bags Rs 25-cr order from BSNL business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
The Rs 600-crore MTAR Technologies initial public offering (IPO) opened for subscription today. Price band for the IPO has been fixed at Rs 574-575 per share. The Hyderabad-based firm raised Rs 180 crore from 15 anchor investors on Tuesday. It allocated 3
MTAR Technologies IPO price band is Rs 574-575 per share.
MTAR Technologies share sale via initial public offering (IPO) began today and will continue till March 5, Friday. MTAR Technologies is planning to raise Rs 596 crore from the IPO which comprises of an offer for sale of Rs 472.90 crore and fresh issue of Rs 123.52 crore. MTAR Technologies is selling shares in the price band of Rs 574 to 575 per share in lot size of 26 shares. A retail investor can apply for a maximum of 13 lots at the upper price band of the issue one lot size will cost Rs 14,950.
Brokerage firm Anand Rathi has subscribe rating for MTAR Technologies IPO. In a research report Anand Rathi said, At the upper end of the IPO price band, it is offered at 45.32 times its trailing twelve months earnings, with a market cap of Rs 1,769 crore. The company operates in an industry with high entry barrier especially given the steep learning curve, investment in advanced manufacturing facilities, precision requirements