Latest news with #BharatNetPhase-3
Time of India
16-07-2025
- Business
- Time of India
BharatNet Phase 3: Echelon Edge selected by HFCL, ITI-Terasoft, NCC to deploy NMS, OSS solutions
NEW DELHI: Homegrown IT solutions provider Echelon Edge on Wednesday said it has been selected by consortium partners HFCL , ITI-Terasoft, and NCC, to deploy a network management system (NMS) and operations support system (OSS) under the BharatNet Phase-3 programme. The Gurugram-headquartered IT company said the deployments will strengthen network control and visibility for BharatNet's middle-mile infrastructure across multiple states and union territories. BharatNet Phase-III is one of India's most significant rural connectivity programs, aimed at delivering high-speed broadband to villages and underserved areas. As part of this initiative, Echelon Edge will deploy a centralised OSS platform that will unify the management of BharatNet's extensive network infrastructure. The project spans key regions including Madhya Pradesh, Dadra & Nagar Haveli and Daman & Diu, Uttarakhand, Uttar Pradesh (East and West), Himachal Pradesh, West Bengal, Andaman & Nicobar Islands, and Punjab. By consolidating Element Management Systems (EMS) into a unified monitoring ecosystem, the OSS solution will provide centralised command and control, making it possible to manage the network efficiently while ensuring uninterrupted connectivity. With advanced IP/MPLS provisioning, the system will facilitate smart routing and scalable backbone communication to support the growing demand for high-speed internet. The deployment will also introduce predictive analytics for proactive network health monitoring. Through comprehensive end-to-end service assurance, the solution will ensure consistent and reliable connectivity from the transport layer to access points. In addition, the platform will provide structured governance for incidents, problems, change management, SLAs, and knowledge resources. 'With this deployment, we are bringing automation and centralized control to the core of BharatNet's middle mile while ensuring reliable services, greater transparency, and a network that's built to scale for the future,' said Gaurav Gandhi, CEO & co-founder of Echelon Edge.
Business Upturn
01-07-2025
- Business
- Business Upturn
Top stocks in focus on July 1: IREDA, NHPC, NTPC Green, HUDCO, Bharat Electronics, Hindustan Copper and more
Here's a quick look at the stocks likely to be in focus during today's trade based on recent updates, business developments, order wins, appointments, and corporate actions. Stocks to watch Aavas Financiers: Aquilo House Pte. Limited has been designated as the new promoter of the company. IREDA: The Indian Renewable Energy Development Agency reported a 29% year-on-year increase in loan sanctions for Q1, amounting to ₹11,740 crore, compared to ₹9,136 crore a year ago. United Breweries: The company introduced a new product, 'Amstel Grande' beer, in Karnataka, targeting the premium strong category. Balaji Amines: Commenced commercial production of Isopropylamine at its Osmanabad manufacturing unit. NHPC: Commissioned Phase IV (53.57 MW) of the Karnisar Solar Project, bringing total operational capacity to 214.28 MW out of a planned 300 MW. HUDCO: Reported loan sanctions worth ₹33,904 crore and disbursements of ₹12,812 crore in the first quarter. Thangamayil Jewellery: Opened new branches in Chennai as part of its retail expansion. Timken India: Started commercial production at its new manufacturing facility in Bharuch, Gujarat. Bharat Electronics: Secured additional orders worth ₹528 crore since the previous disclosure on June 20. NCC: Received new orders worth ₹1,690.51 crore in June 2025, focused on the building division. Apollo Hospitals: The board approved a scheme of arrangement involving Apollo Healthco, Keimed, and Apollo Healthtech. Sona Comstar: Exploring the manufacturing of rare earth magnets in India, according to media reports. Kalpataru Projects: Announced fresh orders valued at ₹989 crore across various segments. HCL Technologies: Partnered with OpenAI to advance enterprise-scale artificial intelligence adoption. NTPC Green Energy: Commissioned 32.8 MW of solar power capacity at the Khavda project site in Gujarat. Astec LifeSciences: Launched a ₹249.35 crore rights issue priced at ₹890 per share. ITI Ltd: Signed an agreement with BSNL for the ₹1,901 crore BharatNet Phase-3 project (NER-II package). Godrej Industries: Increased its stake in Godrej Capital to 90.89% through a ₹285 crore investment. Oil India and ONGC: Administered pricing mechanism (APM) gas prices revised upward to $6.75/mmbtu from $6.41/mmbtu. SJVN: Began commercial operations of a 100.25 MW solar capacity, part of the 1,000 MW Bikaner project. Hindustan Copper: Signed an MoU with Coal India for joint exploration of copper and critical minerals. Gabriel India: Set to consolidate Anand Group's auto components businesses through a share swap arrangement. Jet Fuel Price Update: Aviation turbine fuel (ATF) price in Delhi increased by ₹6,271/kl to ₹89,344.05/kl. CG Power: Plans to raise ₹3,000 crore via a qualified institutional placement (QIP) following its highest-ever order win. Bharat Forge: Board approved transfer of the defence business to Kalyani Strategic Systems through OCRPS worth ₹500 crore. ESAF Small Finance Bank: Transferred ₹733.4 crore of non-performing and written-off loans to an asset reconstruction company for ₹73.34 crore. Bank of India: Reduced its lending rates by 5 basis points across all tenors, effective July 1. Uno Minda: Finalised the acquisition of 1.69 crore shares (49.90% stake) in UnoMinda EV Systems from FRIWO GmbH for ₹141.27 crore. Torrent Pharmaceuticals: Anticipates completion of the ₹19,500 crore JB Pharma acquisition within 15–18 months. Ashok Leyland: CEO of Switch Mobility, S Mahesh Babu, to step down effective August 31. JK Cement: Declared a final dividend of ₹15 per share for FY25. Can Fin Homes: Appointed Abhishek Mishra as Chief Financial Officer for a three-year term starting June 30. Patel Engineering: Board to consider a debt issuance proposal at its meeting scheduled for July 3. Wipro: Appointed Tulsi Naidu as chairperson of its nomination and remuneration committee. Larsen & Toubro (L&T): Subsidiary L&T Energy Green Tech incorporated a new wholly owned arm, Panipat Green Hydrogen. Hindustan Zinc: Disclosed contribution of ₹90,000 crore to the exchequer over the past five years, including ₹18,963 crore in FY25. Grindwell Norton: Recommended a final dividend of ₹17 per equity share. One Mobikwik Systems: Citigroup Global Markets Mauritius sold 4.43 lakh shares at ₹246.23 per share. ASM Framework Updates: To be included in ST-ASM : Balaji Amines, Jai Balaji. To be excluded from ST-ASM : Avantel, Dam Networks, Premier Explosives. To be included in LT-ASM: Orient Bell. Price Band Revision: Diamond Power: Revised from 10% to 5%. Dividend Ex-Dates Today: Cera Sanitaryware: ₹65 per share. JSW Infrastructure: ₹0.8 per share. Polychem: ₹20 per share. Dividend Ex-Dates Tomorrow: Bharat Seats: ₹1.1 per share. Sika Interplant: ₹2.4 per share. Other Corporate Developments: Sigachi Industries : A fire incident at the Hyderabad facility resulted in one fatality; plant operations suspended for 90 days. Gensol Engineering: Keya Vimal Salot sold 3 lakh shares at ₹42.32 per share. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash
Business Upturn
30-06-2025
- Business
- Business Upturn
ITI shares hit 5% upper circuit after signing Rs 1,901 crore BharatNet contract with BSNL
Shares of ITI Limited hit 5% upper circuit after the company clinched a big-ticket contract under the government's ambitious BharatNet Phase-3 project. The company has signed a ₹1,901 crore agreement with BSNL, which is acting on behalf of the Universal Service Obligation Fund (USOF). Under this deal, ITI will roll out telecom infrastructure in the North Eastern Region II—covering Arunachal Pradesh, Nagaland, and Manipur—as the official Project Implementing Agency. Out of the total contract value, ₹1,168 crore will go towards capital expenditure, ₹700.84 crore will be used for operating the new network, and ₹32.21 crore is earmarked for maintaining the existing infrastructure. This isn't ITI's only win under BharatNet Phase-3. The company had earlier bagged two more packages—one for Himachal Pradesh and another covering West Bengal and the Andaman & Nicobar Islands—worth a combined ₹5,055 crore. With the latest addition, ITI's total order book under the project has now swelled to a whopping ₹6,956 crore. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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
Business Upturn
30-06-2025
- Business
- Business Upturn
ITI shares hits 5% upper circuit after securing Rs 1,901 crore BharatNet Phase-3 contract from BSNL
Shares of ITI Limited hit 5% upper circuit after the company clinched a big-ticket contract under the government's ambitious BharatNet Phase-3 project. The company has signed a ₹1,901 crore agreement with BSNL, which is acting on behalf of the Universal Service Obligation Fund (USOF). Under this deal, ITI will roll out telecom infrastructure in the North Eastern Region II—covering Arunachal Pradesh, Nagaland, and Manipur—as the official Project Implementing Agency. Out of the total contract value, ₹1,168 crore will go towards capital expenditure, ₹700.84 crore will be used for operating the new network, and ₹32.21 crore is earmarked for maintaining the existing infrastructure. This isn't ITI's only win under BharatNet Phase-3. The company had earlier bagged two more packages—one for Himachal Pradesh and another covering West Bengal and the Andaman & Nicobar Islands—worth a combined ₹5,055 crore. With the latest addition, ITI's total order book under the project has now swelled to a whopping ₹6,956 crore. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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
Business Upturn
30-06-2025
- Business
- Business Upturn
ITI signs Rs 1,901 crore agreement with BSNL for NER-II Package-15 of BharatNet project
ITI Limited, India's first public sector undertaking (PSU) established after independence and a leading telecom equipment manufacturer, has taken a major step forward in strengthening digital infrastructure in the country. The company recently signed an agreement with Bharat Sanchar Nigam Limited (BSNL), acting on behalf of the Universal Service Obligation Fund (USOF), to serve as the Project Implementing Agency (PIA) for Package-15 of the BharatNet Phase-3 Project. Valued at ₹1,901 crore, this contract covers the North Eastern Region II (NERII) and includes key states such as Arunachal Pradesh, Nagaland, and Manipur. The financial breakup of the contract includes ₹1,168 crore allocated for capital expenditure (capex), ₹700.84 crore for operating expenditure (opex) related to the new network, and ₹32.21 crore earmarked for the maintenance of the existing network. This isn't the only recent win for ITI Limited under BharatNet Phase-3. The company has also signed agreements with BSNL for Package No. 8 covering Himachal Pradesh and Package No. 9 covering West Bengal along with the Andaman and Nicobar Islands. The combined value of these two packages stands at ₹5,055 crore. With the inclusion of Package-15, ITI Limited's total project value under BharatNet Phase-3 has now reached an impressive ₹6,956 crore. Back in November 2024, ITI Limited, in partnership with a consortium firm, had emerged as the lowest bidder (L1) for Package-15, reinforcing the company's competitiveness and capability in handling large-scale telecom infrastructure projects. BharatNet Phase-3 is a flagship project aimed at revolutionizing digital connectivity across India, especially in rural and remote regions. Divided into 16 packages covering all states and union territories, the project focuses on the creation, expansion, and maintenance of the Middle Mile Network. The entire initiative is being executed under the Design, Build, Operate, and Maintain (DBOM) model, with BSNL responsible for awarding the contracts to implementing partners. 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
