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RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia network, to modernize the train control operation and safety system of Indian Railways. It is a"Miniratna"PSE of the Government of India. At present, RailTel's network passes through around 6,000 stations across the country, covering all major commercial centers.
RailTel's board addressed a fine from NSE for non-compliance with listing regulations concerning independent director appointments. The company clarified director appointments are controlled by the Ministry of Railways, not the company, and requested a waiver of the penalty.