RailTel celebrates foundation day on profitable note

Company told to take proactive steps towards expanding its network

GN Bureau | September 25, 2015


#railways   #railtel   #suresh prabhu  

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.

Comments

 

Other News

On a personal note: DIVINE

An underground rapper who grew up on Mumbai streets, Divine spins his music around his environment and poverty. His breakout single, ‘Meri Gully Mein’, along with fellow rapper Naezy caught Bollywood’s attention. The Hindi film ‘Gully Boy’ is inspired by their lives and gr

The role model for an IAS officer

Anil Swarup, an IAS officer of Uttar Pradesh cadre who retired in 2018, is a model bureaucrat who retained his optimism right till the end of service and exemplified dedication and commitment. His excitement at the opportunities that a job in the IAS provided is evident on every page of his new book publis

Reform of the civil services: At home and away

The question of reform of the civil services has been debated extensively at all levels at least over the last five to six decades after independence. Indeed, it was soon perceived that the Indian Administrative Service (IAS) may not be well equipped to deal with the problems of an emerging developing coun

The greatest challenge for any government

Shouting vengeance at all and sundry while wriggling out of holes of our own making seems to be our very special national characteristic. Some recent instances are illustrative of this attribute. A number of business tycoons with thousands of crores of unresolved debts have fled abroad with the government

The mysterious case of CBI’s legality

The Central Bureau of Investigation (CBI) came into existence, based on a Resolution of the home ministry, dated April 1, 1963 – a sheer coincidence that it also happens to be April Fool’s day. Over the past few months, we have seen the CBI live up to its founding day with great zeal, being i

The Evolution of Modi

Gujarat was passing through a turbulent phase in the 1980s. The decade began middle class agitations against new reservation policies, and the caste friction turned communal under the watch of chief minister Madhavsinh Solanki, alienating majority of urban population on both counts. The ground was ripe for

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter