Latest news with #AapleSarkarSevaKendra
Business Standard
5 days ago
- Automotive
- Business Standard
ITI climbs on launching AI-based road safety pilot in Uttar Pradesh
ITI hit an upper limit of 5% at Rs 304.10 after the company announced the launch of India's first AI-powered road safety pilot in Uttar Pradesh, in collaboration with US-based technology firm mLogica. According to a regulatory filing, the pilot project has received approval from the Union Ministry of Road Transport and Highways and will be implemented immediately. The six-week prototype phase will bring together data from multiple sources, including accident records, weather conditions, vehicle telematics, driver histories, and road infrastructure. The objective is to use artificial intelligence and big data analytics to identify accident-prone areas, predict risks in real time, and generate actionable dashboards for policymakers. The pilot is designed to assist the Uttar Pradesh government in improving enforcement efficiency and reducing road accidents. Once the trial is completed successfully, the system is expected to be integrated into broader transport operations across the state. This includes faceless licensing, permit issuance, revenue collection, e-challan systems, and the Vahan Sarathi registries. The company said the project will help identify the root causes of accidents, determine high-risk zones, assess infrastructure deficiencies, and provide targeted recommendations to improve public safety. It also plans to create a virtual simulation environment to test the effectiveness and cost of various intervention models. ITI is currently executing the Aaple Sarkar Seva Kendra project across gram panchayats in Maharashtra and recently secured contracts worth Rs 88 crore for surveillance and GIS-based land intelligence systems in Odisha and Chhattisgarh. ITI is a total solutions provider in telecommunications segment. It offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment. ITI's consolidated net loss narrowed to Rs 4.38 crore in Q4 FY25, compared with net loss of Rs 238.82 crore in Q4 FY24. Revenue from operations jumped 73.9% YoY to Rs 1,045.70 crore in Q4 FY25. ITI's board recently approved allotment of equity shares on the preferential basis to the President of India against the CAPEX received of Rs 59 crore.
Business Upturn
02-07-2025
- Business
- Business Upturn
ITI bag projects worth Rs 88 crore in Odisha and Chhattisgarh
ITI Limited, India's first PSU set up after independence and a key name in telecom manufacturing, has secured multiple government contracts totaling around ₹88 crore in Odisha and Chhattisgarh. In Odisha, the Cuttack Development Authority has awarded ITI a ₹54 crore project to install CCTV surveillance systems and traffic signal setups across the city. This includes not just hardware but also smart software solutions and maintenance for five years. Additionally, ITI has won a ₹23.05 crore contract to develop a Land Intelligence Management System using GIS and GPR technology to map properties and improve land data accuracy in Cuttack. In Chhattisgarh, ITI bagged an ₹11.72 crore contract from the Chhattisgarh Infotech Promotion Society (CHiPS) to upgrade WLAN and LAN infrastructure at key government buildings in Nava Raipur. With these wins, ITI continues to strengthen its role in supporting digital infrastructure and e-governance across Indian states. It is already implementing the Aaple Sarkar Seva Kendra project in Maharashtra and managing campus Wi-Fi and LAN for Sambalpur University in Odisha. In the meantime, ITI Limited shares opened today at ₹331.00 and touched a high of ₹336.00 during the session. The stock hit a low of ₹323.25. Over the past 52 weeks, the share has seen a high of ₹592.70 and a low of ₹210.00. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
