RailTel Corporation received a ₹24.91 crore purchase order from New India Assurance for an AI/ML-based fraud detection solution.
The domestic contract involves developing a system to monitor and investigate health insurance claim fraud, waste, and abuse.
The order execution timeline extends until May 6, 2029, with no promoter group or related party involvement disclosed.
Disclosure made pursuant to SEBI LODR regulations regarding material order intake for the company.