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Latest news and order book updates for : Railtel, Rites on : 07 Dec 2024

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Corporate announcements are official statements released by companies to inform stakeholders about significant events, decisions, or changes within the organization. These announcements can encompass a wide range of topics, including mergers and acquisitions, financial results, dividend declarations, leadership changes, and strategic initiatives. Timely dissemination of information allows investors to assess a company’s performance and prospects, contributing to more accurate stock valuations and efficient capital markets. Announcements keep employees, customers, and partners informed about the company’s direction and developments, fostering engagement and loyalty.

Company Headline Issuer Entity Issuer Type Order Size Time Period
 Railtel-Corporation-Of-India-Ltd New order received Employees Provident Fund Organisation Domestic 16,22,32,280 31-MAR-27
 Rites-Ltd Intimation regarding major order secured from Government of Guyana Ministry of Public Works, Government of the Co-operative Republic of Guyana International Entity USD 9,713,470/- excluding taxes Total sixty (60) months, which includes:36 months – Pre-Construction and Construction Period and 24 months – Post-Construction Period (Defect Liability Period)
 Railtel-Corporation-Of-India-Ltd New Order Received Pcste South Central Railways Domestic 13,34,19,779 04-DEC-27

Railtel-Corporation-Of-India-Ltd

RailTel Corporation of India Ltd. has received a work order from the Employees Provident Fund Organisation for MPLSServices for 140 Locations amounting to Rs. 16,22,32,280 (Including Tax).

Rites-Ltd

RITES Limited has emerged as the top scorer (H-1 bidder) based on QCBS evaluation for the provision of Engineering Services for Design-Build-Finance: Upgrading of the Palmyra to Moleson Creek Highway- Lot 1-3 from the Ministry of Public Works, Government of the Co-operative Republic of Guyana. The letter of acceptance is yet to be issued by the client. The order is valued at USD 9,713,470/- excluding taxes and is to be executed within a period of sixty (60) months.

Railtel-Corporation-Of-India-Ltd

RailTel Corporation of India Ltd. has received a work order from Pcste South Central Railways for MOU between SCR and RCIL for Provision of EPC Core Infrastructure for 4G LTE-R in 523 RKM of Secunderabad Division in SCR amounting to Rs.13,34,19,779(Including Tax).

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