Company told to take proactive steps towards expanding its network
GN Bureau | September 25, 2015
Celebrating its 16th foundation day on Wednesday, government-run RailTel’s chief said that the company earned revenue of Rs 555 crores in the previous financial year.
RK Bahuguna, RailTel chief and managing director, said that the company managed to float profitably with “gross margin of Rs 256 crores”, even in a competitive environment of the telecom industry.
Also present at the event held at FICCI auditorium railway minister Suresh Prabhu highlighted the prospects of RailTel in contributing to the Digital India initiative of the BJP-led NDA government.
He said, “RailTel with its 45, 000 kms optic fibres network connecting 4, 400 railway stations can play a major role in providing connectivity even in rural areas through its broadband service.”
Established in the year 2000, RailTel has provided services including broadband network, Railwire, video conferencing service, Telepresence across Indian railway network.
Offering praises, state minister for Railways Manoj Sinha said the company has been “effectively working towards fulfilling the target of providing wifi at 700 stations.” Adding that the company should take more “proactive steps” towards expanding its network in railways, he said, “projects like mobile train radio communication, train management system, etc. shall help in improving the trains operations.”
The southern region of Indian railway was conferred with the “Best Region Award’ for its overall performance.
Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan Saturday launched the Bharatiya Bhasha Utsav and inaugurated the two-day Technology & Bharatiya Bhasha Summit in New Delhi. The summit aims to facilitate a seamless transition from the current education ecosyst
India has retained the 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023. Inn
Prime minister Narendra Modi addressed the programme marking 20 years celebration of the Vibrant Gujarat Global Summit at Science City in Ahmedabad on Wednesday. The Vibrant Gujarat Global Summit was started 20 years ago, on September 28, 2003, under the leadership of Modi, then chief minis
It is often said that industry is at 4.0 and education is at 2.0. To transform education in line with artificial intelligence (AI), it is imperative to adopt what companies like Google are doing. We must learn to grow along with AI as AI is going to grow. There is a need to evolve the mindsets of educators
Saturday Stories By Rashmi Bansal HarperCollins, 176 pages, Rs 250 From the bestselling author of ‘Stay Hu
Oracle has showcased new AI-powered capabilities within Oracle Analytics Cloud. Leveraging the Oracle Cloud Infrastructure (OCI) Generative AI service, the new capabilities assist analytics self-service users to more quickly and efficiently conduct sophisticated analysis and make better business decisions