RailTel Corporation of India Ltd Reports New Arbitration Litigation with 3i Infotech Limited
RailTel Corporation of India Limited has reported a new legal dispute involving an arbitration tribunal regarding a Wi-Fi Monetization Project. The litigation involves M/s 3i Infotech Limited as the claimant and RailTel Corporation of India Limited as the respondent.The dispute pertains to the competitive bidding process of RailTel's Wi-Fi Monetisation Project. According to the company, RailTel terminated the contract in accordance with the terms and conditions specified in the tender. Following this termination, M/s 3i Infotech Limited initiated arbitration proceedings against the company.
The financial details regarding the claims and counter-claims are outlined in the table below:
| Description | Amount |
|---|---|
| Claim Amount by 3i Infotech Limited | Rs.60.26 Crore |
| Counter Claim Amount by RailTel Corporation of India Ltd | Rs.91.34 Crore |
Regarding the potential financial impact, the company stated that any expected implications regarding compensation or penalties will depend on the final adjudication of the disputes and claims by the arbitration tribunal. The dispute was officially reported on July 17, 2026.
RAILTEL Stock Price Movement
Railtel Corporation Of India Limited shares slipped by 1.26% today to settle at ₹298.00. The stock traded with a volume of 384,502 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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