Sanjai Kumar of RailTel anticipates significant growth opportunities in LTE and Kavach segments, targeting Rs 5,000-6,000 crore orders. Expecting 30% revenue growth for FY25 with 18% EBITDA margin. Facing challenges in the RailWire sector.
Bond yield rises to 7.44% on higher oil prices, global cues
Yields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bill