Latest news with #GovernmentofTripura
Business Standard
16-07-2025
- Business
- Business Standard
Raminfo hits the roof after securing Rs 14-cr order from Tripura Gov
Raminfo hit an upper circuit of 5% at Rs 182.75 after the company announced a significant contract win worth Rs 14.14 crore from Directorate of Information Technology, Government of Tripura. The project involves the development and maintenance of UNNOTI, a digital citizen services platform under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). In an exchange filing, Raminfo said it will serve as the system integrator for the UNNOTI platform, handling end-to-end development, integration, and providing 26 months of post-deployment support and maintenance. The company will leverage its domain expertise in emerging technologies such as AI, ML, analytics, and IoT, ensuring that the platform remains robust, intelligent, and adaptable to evolving citizen needs. The platform aims to transform public service delivery in Tripura by creating a unified, secure, and scalable digital ecosystem. UNNOTI will connect over 60 key government departments and more than 300 welfare schemes, delivering services to more than 41 lakh citizens through a single digital interface. The initiative is aligned with the governments Ease of Living vision, promoting faster, transparent, and citizen-centric service delivery. Designed with the Ask Data Once principle, the platform will eliminate repetitive data submissions by citizens across departments, ensuring a hassle-free, integrated service experience. The system will also include a citizen portal, service dashboards, and mobile applications to maximize public outreach and operational transparency. L. Srinath Reddy, managing director of Raminfo, said, "This award strengthens Raminfos leadership in the e-governance space. UNNOTI is not just another technology platform its a citizen-centric initiative designed to empower the people of Tripura through inclusive digital transformation. Raminfo brings its proven expertise in delivering large-scale technology solutions like AI, ML etc., for government ecosystems, and this project will further consolidate our presence in the Northeast region of India. We are proud to be part of Tripura's digital journey and will continue to create impact-driven solutions that enhance governance and citizen engagement." Raminfo, is a legacy player with 30 years of experience in e-governance and other tech solutions. Theyre a company listed on BSE. Raminfo serves various sectors across India, including government, fintech, healthcare, smart energy, IoT, analytics, and engineering. In the government arena, Raminfo shines with its e-governance, smart lighting, telemedicine, and agro-logistics initiatives, alongside skill development and education programs. Embracing its 2.0 evolution, Raminfo harnesses the power of AI and machine learning to venture into new frontiers, crafting comprehensive, multi-vertical ecosystems. The companys consolidated net profit rose 33.3% to Rs 0.56 crore on an 82% fall in revenue from operations to Rs 4.48 crore in Q4 FY25 over Q4 FY24.
Mint
16-07-2025
- Business
- Mint
Microcap stock Raminfo jumps 5% on bagging ₹14 crore order from Tripura government
Raminfo share price surged 5% in intraday trade on Wednesday, July 16, touching the day's high of ₹ 105.45, even as the Indian stock market continued to trade in a range-bound manner. The rally followed the company's announcement that it had received a Letter of Intent (LoI) worth ₹ 14.14 crore from the Directorate of Information Technology, Government of Tripura. The order pertains to the development, deployment, implementation, and maintenance of the Services & Benefits Delivery Platform, 'UNNOTI,' under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). According to the company's filing today, the project is to be completed within 16 months, followed by 26 months of maintenance support. The scope of work includes end-to-end development of a citizen-centric digital platform aimed at streamlining service delivery and improving benefit administration for the citizens of Tripura. The engagement also includes ongoing platform support and maintenance services post-deployment. 'This project reinforces Raminfo's leadership in the e-governance and citizen services space and strengthens our commitment to leveraging technology for inclusive growth and public service delivery,' the company said in Wednesday's regulatory filing. This marks the second major order for the company in less than a month. In mid-June, Raminfo secured a significant ₹ 474 crore order from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the company. That contract involves the design, supply, construction, testing, and commissioning of rooftop solar photovoltaic power projects with a total capacity of 73 MW across buildings owned by the Rajasthan state government. The order also includes comprehensive operations and maintenance for 25 years. To execute this project, the company has established a special purpose vehicle, Raminfo Green Energy, in which it holds a 51% stake. The rooftop solar industry in India is witnessing rapid growth, with total installed capacity reaching 13.7 GW by December 2024. Market estimates suggest the sector could reach a market value of USD 4.46 billion by 2033. Raminfo is a leading tech solutions company with over 30 years of experience in e-governance and a broad suite of services across fintech, healthcare, smart energy, IoT, analytics, and engineering. In the government space, Raminfo is known for its work in e-governance, smart lighting, telemedicine, agro-logistics, skill development, and education initiatives.
Mint
16-07-2025
- Business
- Mint
Microcap stock Raminfo jumps 5% on bagging ₹14 crore order from Tripura government
Raminfo share price surged 5% in intraday trade on Wednesday, July 16, touching the day's high of ₹ 105.45, even as the Indian stock market continued to trade in a range-bound manner. The rally followed the company's announcement that it had received a Letter of Intent (LoI) worth ₹ 14.14 crore from the Directorate of Information Technology, Government of Tripura. The order pertains to the development, deployment, implementation, and maintenance of the Services & Benefits Delivery Platform, 'UNNOTI,' under the Tripura Rural Economic Growth & Service Delivery Project (TRESP). According to the company's filing today, the project is to be completed within 16 months, followed by 26 months of maintenance support. The scope of work includes end-to-end development of a citizen-centric digital platform aimed at streamlining service delivery and improving benefit administration for the citizens of Tripura. The engagement also includes ongoing platform support and maintenance services post-deployment. 'This project reinforces Raminfo's leadership in the e-governance and citizen services space and strengthens our commitment to leveraging technology for inclusive growth and public service delivery,' the company said in Wednesday's regulatory filing. This marks the second major order for the company in less than a month. In mid-June, Raminfo secured a significant ₹ 474 crore order from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the company. That contract involves the design, supply, construction, testing, and commissioning of rooftop solar photovoltaic power projects with a total capacity of 73 MW across buildings owned by the Rajasthan state government. The order also includes comprehensive operations and maintenance for 25 years. To execute this project, the company has established a special purpose vehicle, Raminfo Green Energy, in which it holds a 51% stake. The rooftop solar industry in India is witnessing rapid growth, with total installed capacity reaching 13.7 GW by December 2024. Market estimates suggest the sector could reach a market value of USD 4.46 billion by 2033. Raminfo is a leading tech solutions company with over 30 years of experience in e-governance and a broad suite of services across fintech, healthcare, smart energy, IoT, analytics, and engineering. In the government space, Raminfo is known for its work in e-governance, smart lighting, telemedicine, agro-logistics, skill development, and education initiatives. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
India Gazette
24-05-2025
- Business
- India Gazette
Tripura attracts Rs 15,646 crore investment at Rising Northeast Investors Summit 2025: CM Manik Saha
New Delhi [India], May 24 (ANI): In a landmark development for Tripura's economic landscape, the state has attracted a staggering Rs 15,646 crore in investments at the Rising Northeast Investors Summit 2025 held in New Delhi, a press release from Tripura CMO said. Tripura Chief Minister Manik Saha announced the achievement, describing it as a significant step towards the state's accelerated growth and transformation. Manik Saha highlighted the state's potential and said, 'The summit's interactions were vibrant and promising. Investors showed keen interest in Tripura, particularly in emerging sectors such as technology, 5G, and artificial intelligence (AI).' He noted that the Tripura Investors Pavilion was a hub of activity, drawing enthusiastic responses from industry leaders and business stakeholders. The summit facilitated 33 Memorandums of Understanding (MoUs), attracted investments worth Rs 15,646 crores through this flagship event. 'Through these MoUs, we have secured Rs 15,646 crore in investments. This is not just a number--it reflects a deep belief in Tripura's future,' said the Chief Minister. Dr. Saha appealed to the business community by reaffirming his government's commitment to creating an investor-friendly environment: 'Let us unlock new opportunities and drive inclusive growth together. Tripura is open for partnerships, and we are fully committed to supporting investors every step of the way.' Earlier, the Tripura CM announced that the state government is developing dedicated infrastructure to support AI and 5G development. This session was titled 'IT for Ashtalakshmi: Beyond the Bits and Bytes, Into AI and 5G.' He also announced that the Government of Tripura has allocated land for data centres, including one for Airtel in Agartala. This hub will serve the entire eastern and northeastern region of India. 'As Ashtalakshmi, these eight states--the easterners--are gifted with natural beauty and abundant resources. They truly represent Goddess Lakshmi, embodying multifaceted blessings of wealth, knowledge, strength, and prosperity. Today, I am honoured to speak about the transformative power of Artificial Intelligence and 5G in the northeastern region, including my state, Tripura. As we gather at the North East Investment Summit, I would like to congratulate the Ministry of Development of North Eastern Region for organising this important event,' he said. (ANI)
India Gazette
24-05-2025
- Business
- India Gazette
Tripura government developing infrastructure to support AI and 5G development: CM Manik Saha
New Delhi [India], May 24 (ANI): Tripura Chief Minister Manik Saha announced that the state government is developing dedicated infrastructure to support AI and 5G development, as per a press release by the Tripura CMO. Manik Saha said this while speaking at the Rising Northeast Investors Summit 2025 in New Delhi on Friday. The session was titled 'IT for Ashtalakshmi: Beyond the Bits and Bytes, Into AI and 5G.' The Tripura CM announced that the Government of Tripura has allocated land for data centres, including one for Airtel, which will serve as a hub for the entire eastern and northeastern region of India, located in Agartala. 'As Ashtalakshmi, these eight states--the easterners--are gifted with natural beauty and abundant resources. They truly represent Goddess Lakshmi, the embodiment of multifaceted blessings of wealth, knowledge, strength, and prosperity. Today, I am honoured to speak about the transformative power of Artificial Intelligence and 5G in the northeastern region, including my state, Tripura. As we gather at the North East Investment Summit, I would like to congratulate the Ministry of Development of North Eastern Region for organising this important event', Manik Saha said during the event. Saha said that while 5G can transmit information quickly and with low latency, AI minimises operational complexity by using efficient algorithms to automate a wide range of processes, resulting in more speed, efficiency, and cost savings. 'It is a symbiotic relationship between 5G and AI. As AI expands, the cost of connectivity continues to decline. The convergence of 5G and AI is not just about speed--it is going to cater to the demands of next-generation activities. The powerful combination of 5G and AI means greater innovation opportunities and some very interesting applications. Deploying AI applications at the edge with 5G brings opportunities across various industries and sectors', he added. The Chief Minister stated that by embracing AI and 5G, people can unlock new avenues for growth, innovation, and prosperity. He also announced that Tripura has made significant progress in 5G deployment, with all towns and 583 villages already connected. 'Tripura has also framed policies to support telecommunication. The state has framed policies to support telecom infrastructure development, including the Information Technology Policy 2022 and Data Centre Policy 2021. The Government of Tripura has allocated land for data centres, including one for Airtel, which will serve the entire eastern and northeastern region of India, located in Agartala,' he said. He informed that recently, the Government of Tripura organised a workshop on AI for Good Governance, aimed at driving transparency, efficiency, and impact, in collaboration with the National e-Governance Division and the Ministry of Electronics and Information Technology, Government of India. 'The state of Tripura has implemented paperless administration, reducing the time required to dispose of files from nine days to three days, and saving over Rs. 50 crore per year. This digital transformation has enhanced transparency, efficiency, and accountability in our administration. As we move forward, we plan to leverage AI and 5G to drive growth, innovation, and prosperity across all northeastern states, including introducing single-window digital platforms to simplify access to public services through a digital interface and launching department-specific AI pilot projects to demonstrate the potential of AI in various departments', Manik Saha said. (ANI)
