Recently, the company also received a work order from Cotton Corporation of India Limited, for hiring on-cloud Data Centre hosting for Hardware and Software along with migration of Oracle EBS and other applications.
USDA pegs next season’s cotton crop 4% higher, industry keeps its finger crossed
May 10, 2021
Natural fibre’s output projected at 378 lakh bales on 5% higher yield The US Department of Agriculture (USDA) has pegged India’s cotton production next season (October 2021 - September 2022) at 378 lakh bales (of 170 kg each), up four per cent from its current season’s estimate of 362.5 lakh bales.
But the Indian textile industry feels that it is too early to make any projection, given the vagaries of the South-West Monsoon.
In its “Cotton and Products Update”, it said that the higher production would be in view of yield increasing by five per cent as the South-West Monsoon has been forecast to be normal by the India Meteorological Department (IMD).
Railtel bags five-year contract worth Rs 11 99 cr business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
RailTel Corporation of India rose 3.49% to Rs 123.10 after the company secured a contract for a period of five years worth Rs 11.99 crore.
RailTel Corporation of India has received a work order from Cotton Corporation of India, for hiring on-cloud data centre hosting for hardware and software along with migration of Oracle EBS and other applications. The total cost for five years contract period would be Rs 11.99 crore.
RailTel Corporation of India posted a 61.1% rise in consolidated net profit to Rs 69.66 crore on a 52% jump in net sales to Rs 410.60 crore in Q3 FY21 over Q3 FY20.
RailTel Corporation of India, a public sector undertaking under the Ministry of Railways (MoR), Government of India, is an information and communications technology (ICT) infrastructure provider and is one of the largest.