India's RailTel gains on state run broadcaster order win
BUZZ-India's RailTel gains on state run broadcaster order win ** Shares of RailTel Corporation Of India RAIT.NS rise 2.1% to 257.65 rupees
** State-run broadcaster Prasar Bharati awards RAIT contract to add features and services to its existing WAVES OTT platform for 631.5 million rupees ($6.58 million)
** Order to be executed by February 11, 2029
** YTD, RAIT down ~31%
($1 = 95.9500 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
Recent news on RailTel of India
See all newsBrief: Railtel Corp Receives Letter Of Acceptance For Order Worth 474 Million Rupees
Brief: Railtel Corp Gets Order From SBI Worth 1.97 Billion Rupees
Brief: Railtel Corp Gets Order Worth 489.8 Million Rupees
Brief: Railtel Corp Gets Work Order Worth 194.4 Million Rupees
Brief: Railtel Corp Gets Order Worth 638.1 Million Rupees