RailTel shares rise 2% after bagging Rs 50 crore orders from Kerala and Odisha
The first order, valued at ₹34.99 crore, was awarded by the Kerala State Information Technology Mission. Under this contract, RailTel will provide data centre operation services and ensure the maintenance of the state's data centres for a period of five years. This project highlights the company's expertise in handling mission-critical digital infrastructure.
The second order, worth ₹15.42 crore, was received from the Higher Education Department of Odisha. It involves the design and development of CMS-based bilingual websites for various colleges across the state. With this project, RailTel strengthens its footprint in the education sector's digital transformation initiatives.
RailTel operates one of the largest neutral telecom infrastructure networks in India, with over 62,000 kilometres of optic fiber laid along railway tracks and a 21,000-kilometre citywide network.
In terms of financial performance, RailTel reported a strong first quarter for FY26, with net profit rising 36% year-on-year to ₹66 crore, compared to ₹49 crore in the same period last year. Revenue from operations surged 33% to ₹744 crore, while EBITDA improved to ₹116 crore. However, operating margins narrowed to 15.6% from 18.6%.
The combination of robust earnings growth and fresh order wins has kept RailTel in focus, with analysts seeing continued traction in government-led digitalisation projects as a key growth driver.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Los Angeles Times
19 minutes ago
- Los Angeles Times
China races to build world's largest solar farm to meet emissions targets
TALATAN, China — Chinese government officials last month showed off what they say will be the world's largest solar farm when completed high on a Tibetan plateau. It will cover 610 square kilometers (235 square miles), which is the size of Chicago. China has been installing solar panels far faster than anywhere else in the world, and the investment is starting to pay off. A study released Thursday found that the country's carbon emissions edged down 1% in the first six months of 2025 compared to a year earlier, extending a trend that began in March 2024. The good news is China's carbon emissions may have peaked well ahead of a government target of doing so before 2030. But China, the world's biggest emitter of greenhouse gases, will need to bring them down much more sharply to play its part in slowing global climate change. For China to reach its declared goal of carbon neutrality by 2060, emissions would need to fall 3% on average over the next 35 years, said Lauri Myllyvirta, the Finland-based author of the study and lead analyst at the Centre for Research on Energy and Clean Air. 'China needs to get to that 3% territory as soon as possible,' he said. China's emissions have fallen before during economic slowdowns. What's different this time is electricity demand is growing — up 3.7% in the first half of this year — but the increase in power from solar, wind and nuclear has easily outpaced that, according to Myllyvirta, who analyzes the most recent data in a study published on the U.K.-based Carbon Brief website. 'We're talking really for the first time about a structural declining trend in China's emissions,' he said. China installed 212 gigawatts of solar capacity in the first six months of the year, more than America's entire capacity of 178 gigawatts as of the end of 2024, the study said. 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Like many of China's solar and wind farms, it was built in the relatively sparsely populated west. A major challenge is getting electricity to the population centers and factories in China's east. 'The distribution of green energy resources is perfectly misaligned with the current industrial distribution of our country,' Zhang Jinming, the vice governor of Qinghai province, told journalists on a government-organized tour. Part of the solution is building transmission lines traversing the country. One connects Qinghai to Henan province. Two more are planned, including one to Guangdong province in the southeast, almost at the opposite corner of the country. Making full use of the power is hindered by the relatively inflexible way that China's electricity grid is managed, tailored to the steady output of coal plants rather than more variable and less predictable wind and solar, Myllyvirta said. 'This is an issue that the policymakers have recognized and are trying to manage, but it does require big changes to the way coal-fired power plants operate and big changes to the way the transmission network operates,' he said. 'So it's no small task.' Moritsugu and Guan write for the Associated Press. Moritsugu reported from Beijing. Associated Press video producer Wayne Zhang contributed.
New York Post
19 minutes ago
- New York Post
TikTok staffers worry about teens' mental health in unsealed video: ‘You never want to leave'
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And sometimes I worry about that.' Brett Peters, TikTok's current head of creator advocacy, said the platform pushes 'lofty goals of getting people to be on the app longer.' 'Literally, that's like why we're all here is to help continue to diversify the content ecosystem, to make TikTok a place where you can get so much different types of content that you never want to leave,' Peters said. The videos were obtained during an investigation after North Carolina's then-Attorney General Josh Stein and a group of other state attorneys general sued TikTok last year. In the complaint, they argue TikTok was designed to be 'highly addictive to minors,' and that the company has been deceiving parents and children about safety risks. 4 Two young school children, with one on a smartphone. Christopher Sadowski TikTok, owned by Beijing-based ByteDance, had been aiming to keep the video sealed, arguing it was necessary for its employees' privacy. 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The complaint alleges that TikTok fails 'to tell young users and parents what their executives and employees know about the harms caused by increased screen time … that it 'interferes with essential personal responsibilities like sufficient sleep, work/school responsibilities, and connecting with loved ones.'' 4 A TikTok spokesperson argued that the platform has rolled out several safety features in recent years. REUTERS In the video, Alexandra Evans, who led TikTok's safety public policy team in Europe before leaving in 2022, said that 'the reason why kids watch TikTok is that the (algorithm) is really good.' 'It's not because we've tried to do anything horrible, but I think we need to be cognizant of what it might mean for other opportunities. And when I say opportunities, I literally mean sleep and eating and moving around the room and looking at somebody in the eyes.' Ashlen Sepulveda, who worked in trust and safety before leaving TikTok in 2021, said it 'keeps me up at night' to know 'that our algorithm pushes content to users based off of what it thinks they're interested in.' 'The more that a user looks up things about, like fitness or like diet, it turns into losing weight, and then, soon enough, the entire feed of this user is like soft disordered eating behavior that is being discussed by their peers with no opportunity to remove themselves from that,' she said. Peters, the app's creator advocacy lead, added: 'We have these expectations and goals, and they're not necessarily congruent with good mental health.' Meanwhile, the White House launched an official account on TikTok this week.
Axios
19 minutes ago
- Axios
Sherrod Brown challenges crypto PACs to rematch in Senate bid
Political operatives working for the cryptocurrency industry will be on high alert now that Democrats appear to be all in on Sherrod Brown as the national party's candidate for Senate in Ohio. Why it matters: With Brown as their pick, Democrats — already facing steep odds of retaking the Senate in 2026 — are directly squaring off against Fairshake, the crypto PAC that helped unseat the industry critic just a year ago. At the SALT Wyoming Blockchain Summit Tuesday, Sen. Tim Scott (R.—SC) told the room, "Thank you to all y'all for getting rid of Sherrod Brown." Fairshake, the network of PACs that opposed Brown in 2024, has $140 million on hand already to support pro-crypto candidates and — crucially, for Brown — oppose those that are seen as impediments. Between the lines: The organization Stand With Crypto has ranked Brown as "strongly against crypto" based on his statements and actions in Congress. And his former position as chair of the Senate Banking Committee, from which he stonewalled industry-backed legislation, made him a target for Fairshake in the last election. What he's saying: "Cryptocurrency is a part of America's economy," Brown said in a statement Tuesday sent by the campaign to Axios, in response to a request for an interview. "My goal is to make sure that as more people use cryptocurrency, it expands opportunity and lifts up Ohioans and they are not put at risk." The campaign did not respond to multiple requests to answer follow up questions about whether his policy positions have shifted since his loss. In addition, neither the Ohio Democratic Party nor the Democratic Senate Campaign Committee replied to a request for comment from Axios. What they're saying: Brian Wright, a longtime Ohio-based political strategist serving as president of WrightPath Solutions, tells Axios that he can see why the party wants Brown. Over his 32 years in Congress, the last 18 spent in the Senate, Brown had been able to flip otherwise Republican counties with a pro-worker message, Wright explained, though it didn't work out as well in 2024. Still, even with millions spent against him, Brown only lost 46% to 50% a year ago. "Anything can really happen here, but is it a bad idea for him to run again? I don't think he was defeated soundly enough to say that," Wright says. Zoom out: A Democrat's odds of winning the Ohio Senate seat haven't risen above 33% on the Kalshi prediction market since the contract started in July, now with $2.7 million in volume. State of play: Party leader Sen. Chuck Schumer (D.—NY) wants Brown. Schumer has been perplexing on crypto issues, both acting as if pro-crypto legislation could pass in 2024 but also voting against the recently enacted stablecoin legislation, GENIUS. The Cook Political report still favors Jon Husted in the Ohio race, the Republican incumbent appointed to fill J.D. Vance's vacated seat, and the larger map still favors Republicans going into 2026.
