New Delhi: RailTel Corporation of India Ltd (RailTel) – a Railway PSU, has bagged the 12th National Awards for Excellence in Cost Management 2014. RailTel bagged the 12 th National Awards for Excellence in Cost management 2014. R.K. Bahuguna, CMD, RailTel and N.K. Gupta, Director Finance, RailTel received the award from Col Rajyavardhan Singh Rathore AVSM, Minister of State for Information & Broadcasting in New Delhi.
The awards, 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.