RailTel Corporation of India has secured ‘Navratna Status’ from Department of Public Enterprises, Ministry of Finance, Government of India.
Navratna companies in India can invest up to Rs 1,000 crore or 15% of their net worth in a single project without needing government approval. These companies have the liberty to invest up to 30% of their net worth within a year as long as it stays below Rs 1,000 crore.
RailTel Corporation of India provides broadband telecom and multimedia network across the country.
