MHADA

After the Maharashtra Housing and Area Development Authority (MHADA) announced a new contract for ₹79 crore, shares of RailTel Corporation of India jumped 10% intraday on Wednesday to ₹449 per share. The order entails MHADA’s establishment, migration, and management of a cloud-based data centre and disaster recovery site. This is the third-order victory for RailTel…