RailTel Corporation gets Cost Management award

NEW DELHI: RailTel Corporation, a Railway PSU, has bagged the 12th National Awards for Excellence in Cost Management 2014.

The award, organised by the Institute of Cost Accounts of India, was given away by I&B Minister Rajyavardhan Rathore at a function yesterday, said a government statement.

National Awards for Excellence in Cost Management is an initiative to promote cost-effective practice and recognising outstanding contributions of finance fraternity.

RailTel Corporation, a 'Mini Ratna (Category-I)' PSU, is one of the largest neutral telecom services providers in the country owning a pan-India optic fiber network.