RailTel Corporation Secures Rs. 24.91 Crore AI/ML Order from New India Assurance
Published on: May 9, 2026, 11:13 a.m. | Source: scanx.trade
RailTel Corporation of India, a Navratna PSU under the Ministry of Railways, has secured a purchase order worth Rs. 24,91,19,240/- (including tax) from The New India Assurance Company Ltd. for an AI/ML Based Solution for Monitoring and Investigation of Fraud, Waste & Abuse of Health Insurance Claims. The domestic order, received on 07-May-26, is to be executed by 06-May-29, with the disclosure filed under SEBI Regulation 30 and confirmed as a non-related party transaction.
