30-Sep-2026Today's Market Indicators


STL Networks wins Rs 249.8 crore contract from Railtel for cloud infrastructure deployment
(16:26, 29 Sep 2026)

STL Networks Limited announced that it has been selected as the lowest bidder (L1) by Railtel Corporation of India Limited for a project involving the design, supply, installation, testing, commissioning, configuration, integration, migration, and deployment of a cloud infrastructure solution at Railtel’s data center and disaster recovery site. The contract, awarded domestically, carries a broad consideration of Rs 249.8 Cr (inclusive of taxes) and is detailed in bid no: RAILTEL/TENDER/OT/CO/ITP/2026-27/DC – DR Infra/018 dated 25.06.2026; neither the company’s promoters nor group companies have any interest in Railtel, and the transaction does not constitute a related party transaction.