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RailTel Corporation of India Ltd. is an Indian Navaratna Public Sector Undertaking (PSU) which provides broadband and VPN services. RailTel was formed in September 2000 with the objective of creating a nationwide broadband, telecom and multimedia network, and to modernise train control operation and safety system of Indian Railways .
On March 13, 1995, Tata Tele (Maharashtra) Limited was founded as Hughes Ispat Limited, operating under the legal framework of the Companies Act of 1956.
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The company offered a 12% stake at a price range of ₹ 17-₹ 19 per share. [ 5 ] [ 6 ] The IPO was subscribed 1.78 times by close on 3 April earning ₹ 481 crore (US$56 million). [ 7 ] RVNL was listed on the Bombay Stock Exchange and the National Stock Exchange on 19 April 2019.
Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer. [32]
RITES Ltd, formerly known as Rail India Technical and Economic Service Limited, is an Indian public sector undertaking and engineering consultancy corporation, specializing in the field of transport infrastructure.
On 17 March 2008, the BSE Sensex fell further to; 14,809 – a fall of 951 points. On 24 October 2008, the BSE Sensex fell to 8701, a fall of 1070 points in a single day. On 26 November 2008, the Sensex continue to fall, in the bargain (as per the financial newspaper Livemint) "...dashing middle class dreams". Analysts at Livemint and Ajmera ...
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