3i Infotech initiates arbitration against RailTel over contract termination
3IINFOLTD · price
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3i Infotech has invoked the arbitration clause after RailTel Corporation of India unilaterally terminated the RailTel WiFi Monetisation Project contract. A three-member arbitration panel was constituted on Feb 4, 2026, with each party nominating one arbitrator and a third presiding arbitrator chosen by the other two. The company says financial implications are still being assessed and may include interest on disputed outstanding dues owed to RailTel. The quantum of claims will be ascertained after the arbitration concludes.
Outcome may affect future revenues and recovery of dues from RailTel project; claim quantum awaits arbitration proceedings.