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Mint
4 days ago
- Automotive
- Mint
ITI share price: State-owned telecom stock jumps 7% despite weak trends in Indian stock market
State-owned telecom company ITI share price rose as much as 7 per cent to ₹ 322.95 in Thursday's trading session despite weak sentiments in Indian stock market. The PSU telecom company stock has remained volatile in near-term. The PSU stock rallied as much as 8.20 per cent in past five trading sessions, however, has fallen over 2 per cent in a month. On August 5, the company announced that it had launched an Artificial Intelligence (AI) and Big Data Analytics‑driven pilot project in partnership with technology firm mLogica. The project will aim at reducing road accidents and improving enforcement efficiency in Uttar Pradesh. In an exchange filing, the company said that the project will focus on developing a scalable analytics foundation to support the collection and analysis of multi-source data, including but not limited to the following: Traffic flow data (speed, congestion levels, and vehicle density), Environmental data (weather conditions, time of day, and road conditions), Driver performance (violations and training background), Vehicle performance (registration and inspection data), Accident reports (causes, severity, and location patterns), Road infrastructure at point of accident (number of lanes, presence of shoulder, 2-or-4-way intersection, traffic light, roundabout etc.) ' ITI Limited had recommended Uttar Pradesh Government to leverage artificial intelligence (AI) technologies in conjunction with its Complex Event Analytics platform to support a comprehensive root cause analysis of UPs Road accidents,' the company added. The Union Ministry of Road Transport and Highways (MoRTH) had given go ahead on this initiative, which will be implemented by ITI Limited in partnership with mLogica. ITI limited along with mLogica team have been authorised to begin work immediately in coordination with Uttar Pradesh Government. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Upturn
6 days ago
- Automotive
- Business Upturn
ITI to launch India's first AI-driven road safety pilot in Uttar Pradesh
ITI Limited, India's first PSU established after independence and a leading telecom manufacturing firm, is set to roll out a cutting-edge pilot project in Uttar Pradesh, integrating Artificial Intelligence (AI) and Big Data Analytics to tackle road accidents and improve traffic enforcement. Partnering with technology company mLogica, this initiative will build an advanced analytics platform capable of gathering and processing real-time data from multiple sources like traffic movement, environmental conditions, driver records, vehicle performance, and detailed accident history. The aim is to develop scalable AI models that can pinpoint accident black spots, uncover the underlying causes of road mishaps, and offer predictive insights to help authorities implement preventive strategies. Approved by the Union Ministry of Road Transport and Highways (MoRTH), the six-week prototype will act as a testbed to simulate various intervention models and track their real-time impact on public safety outcomes. The project also plans to support the UP government's future implementation of AI in broader transport services such as e-licensing, challan processing, and the Vahan Sarathi registries. With a proven track record in e-governance, ITI Limited is already handling initiatives like Maharashtra's Aaple Sarkar Seva Kendra and has secured major contracts for surveillance and GIS-based land management systems in Odisha and Chhattisgarh worth nearly ₹88 crore. 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
Time of India
02-08-2025
- Automotive
- Time of India
UP gets Centre's nod to launch AI-powered road safety project
Lucknow: To be executed at zero cost by public sector enterprise ITI Limited and mLogica, the pilot project will focus on mitigating road safety hazards resulting in accidents, vehicle telematics, weather patterns, crash report analysis, and blackspot analysis. The objective of the study is to identify the root causes of road accidents. The research and analytics studies will help the transport department of UP to sharpen its policies and strategy to check fatal car crashes. The Yogi Adityanath govt has already set the foundation for a data-driven administrative model by allocating Rs 10 crore in the state budget for FY 2025–26. Upon successful testing, the AI engine will be scaled up across key transport services—such as the faceless licence and permit system, enforcement modernisation, revenue collection, e-challan system, and the Vahan-Sarathi platform—positioning Uttar Pradesh as a national leader in tech-enabled governance. This will enable transparent, swift, and scientific transport services for citizens. The AI engine will also facilitate interoperability across revenue administration, e-challan processing, and the Vahan-Sarathi databases, enabling automated alerts and risk scoring related to tax liabilities, fee payments, and document validity. Transport commissioner Brajesh Narayan Singh stated that implementation has already begun, with the ITI - mLogica team collaborating with the department's IT, enforcement, and road safety divisions. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Hindustan Times
30-07-2025
- Automotive
- Hindustan Times
After Centre's nod, UP to launch AI-based road safety system
LUCKNOW Uttar Pradesh will introduce an AI-based system to reduce road accidents and improve enforcement efficiency through big-data analytics following a formal no-objection from the ministry of road transport and highways (MoRTH) in this regard. This is the first AI-driven road safety experiment ever undertaken by a state transport department in India, said transport commissioner Brajesh Narain Singh. (Pic for representation) This is the first AI-driven road safety experiment ever undertaken by a state transport department in India, said transport commissioner Brajesh Narain Singh. 'The pilot project will be executed at zero cost by public sector enterprise ITI Limited in collaboration with global tech firm mLogica. MoRTH has clarified that the initiative must adhere to the Motor Vehicles Act, 1988, Central Motor Vehicles Rules, 1989, and all e-enforcement Standard Operating Procedures, while incurring no financial liability to the Centre,' he said. The state has allocated ₹10 crore in its 2025–26 budget to support a broader 'data-driven administrative model' for the transport department, with this pilot laying the foundation. The initial prototype of the model, scheduled for six weeks, will integrate data from multiple sources - accident records, weather feeds, vehicle telematics, driver profiles and roadway attributes - to build AI models that pinpoint root causes of accidents, forecast black spots and generate realtime policy dashboards. If successful, the AI engine will be expanded across core departmental functions including faceless licensing, permit issuance, enforcement, revenue collection and the Vahan–Sarathi digital platforms, positioning UP as a national leader in transport-tech governance. 'This initiative will place UP at the forefront of data-driven governance. By integrating the AI model beyond road safety into every core function of the department, we aim to make our state a national trail-blazer in technological innovation,' said Singh. The AI system will power predictive alerts for tax dues, document validity and traffic violations, helping officials act in real time. It will also drive fraud detection, vehicle mapping and auto-scoring of risks — ultimately bringing all transport data under a single digital view to sharpen enforcement, enhance transparency and improve public service delivery. The ITI–mLogica team has been authorised to begin work immediately with the department's IT, enforcement and Road Safety wings. A final report will be submitted to MoRTH upon completion, with continuous audits on legal compliance, data privacy and cyber security. 'We expect the project to result in a measurable drop in road crashes, streamlined enforcement and faster, safer transport services for citizens,' the transport commissioner said.
United News of India
02-07-2025
- Business
- United News of India
ITI Ltd bags orders worth Rs 88 cr
Bengaluru, July 2 (UNI) ITI Limited, India's first PSU established after Independence and a pioneer in telecom manufacturing, has secured multiple contracts worth approximately Rs 88 crore across Odisha and Chhattisgarh to bolster digital infrastructure and e-governance initiatives. In Odisha, the Cuttack Development Authority has awarded ITI Limited two significant contracts. The first, valued at Rs 54 crore, involves the procurement and installation of CCTV surveillance systems and traffic signal setups at various locations in Cuttack. This includes supply of cameras, software with analytics and ANPR systems, and maintenance for five years. The second contract, worth Rs 23.05 crore, is for implementing a Land Intelligence Management System through GIS-based applications. This includes mapping of properties using Ground Penetrating Radar (GPR) in the Bidanasi Development Project Area and CDA Plan Area. In Chhattisgarh, ITI Limited has won a contract worth Rs 11.72 crore from the Chhattisgarh Infotech Promotion Society (CHiPS) for implementation and upgradation of WLAN/LAN infrastructure at the Mantralaya and HoD Bhawan in Nava Raipur. Commenting on the development, ITI Limited Chairman and Managing Director Rajesh Rai said, "We are very glad to bag these new contracts from the Governments of Odisha and Chhattisgarh. These projects will help strengthen digital infrastructure and support efficient citizen services." He added, "Our team is excited and motivated to deliver ahead of schedule. We believe our work will significantly aid the state governments in delivering best-in-class e-governance." ITI Limited is also executing several other projects, including the Aaple Sarkar Seva Kendra (ASSK) initiative in Maharashtra and a campus-wide Wi-Fi and LAN deployment for Sambalpur University in Odisha. UNI BDN GNK 1604
