Stocks to keep an eye on today: RailTel Corp, Indiabulls Housing Finance

New Delhi (Anish Yande): The stock exchanges in India declined on Friday. Sensex continued to decline on Friday, decreasing by more than 533 points. On Friday's trading session, Sensex fell to 50,482.33 following the opening bell. Nifty 50 decreased by 177.75 points with a decline to 14,890. Check promising stocks for today.

RailTel Corporation of India:

RailTel Corporation of India has launched a prepaid WiFi service for providing high-speed internet at railway stations across India. The Wi-Fi service from RailTel has been introduced at 4,000 railway stations across India. A passenger with the Indian Railways can use up to 30 minutes of free WiFI per day at a speed of 1 MBPS. 

For passengers looking to use WiFi at speeds up to 34 MBPS, users would be required to choose a plan. 

The new plans are Rs 10 for 5GB of data per day and Rs 15 for 10 GB of data per day. The company has also provided a plan of Rs 20 for 10GB of data for five days and a plan of Rs 40 for 20GB data for 10 days.

ISGEC Heavy Engineering:

ISGEC Heavy Engineering has received an order for waste heat recovery boilers. The engineering firm has obtained orders for the recovery boilers from the cement manufacturing company Shree Cement. The waste heat recovery boilers are to be established at the Raipur plant of Shree Cement. 

Two types of boilers are to be set up at the plant, which includes an AQC Boiler, which is to be installed the cooler exhaust from the 10500 TPD kiln. The second boiler, a PH Boiler is to be installed at the pre-heater exhaust. 

Indiabulls Housing Finance:

Indiabulls Housing Finance has raised Rs 1,091 crore. The company has raised the amount through issuing foreign currency convertible bonds. The securities issuance committee has provided its approval to the allotment of the funds generated. Bonds are proposed to be listed on the Singapore Exchange Securities Trading Ltd.

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