08 Aug, EOD - Indian

Nifty 50 24363.3 (-0.95)

Nifty Pharma 21402.15 (-1.30)

Nifty Midcap 100 56002.2 (-1.64)

SENSEX 79857.79 (-0.95)

Nifty Next 50 65514.7 (-1.24)

Nifty Smallcap 100 17428.2 (-1.49)

Nifty Bank 55004.9 (-0.93)

Nifty IT 34398.5 (-0.95)

08 Aug, EOD - Global

NIKKEI 225 41820.48 (1.85)

HANG SENG 24858.82 (-0.89)

S&P 6425.5 (0.74)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(06 Aug 2025, 10:27)

ITI climbs on launching AI-based road safety pilot in Uttar Pradesh

ITI hit an upper limit of 5% at Rs 304.10 after the company announced the launch of India’s first AI-powered road safety pilot in Uttar Pradesh, in collaboration with US-based technology firm mLogica.


According to a regulatory filing, the pilot project has received approval from the Union Ministry of Road Transport and Highways and will be implemented immediately. The six-week prototype phase will bring together data from multiple sources, including accident records, weather conditions, vehicle telematics, driver histories, and road infrastructure. The objective is to use artificial intelligence and big data analytics to identify accident-prone areas, predict risks in real time, and generate actionable dashboards for policymakers.

The pilot is designed to assist the Uttar Pradesh government in improving enforcement efficiency and reducing road accidents. Once the trial is completed successfully, the system is expected to be integrated into broader transport operations across the state. This includes faceless licensing, permit issuance, revenue collection, e-challan systems, and the Vahan Sarathi registries.

The company said the project will help identify the root causes of accidents, determine high-risk zones, assess infrastructure deficiencies, and provide targeted recommendations to improve public safety. It also plans to create a virtual simulation environment to test the effectiveness and cost of various intervention models.

ITI is currently executing the Aaple Sarkar Seva Kendra project across gram panchayats in Maharashtra and recently secured contracts worth Rs 88 crore for surveillance and GIS-based land intelligence systems in Odisha and Chhattisgarh.

ITI is a total solutions provider in telecommunications segment. It offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment.

ITI's consolidated net loss narrowed to Rs 4.38 crore in Q4 FY25, compared with net loss of Rs 238.82 crore in Q4 FY24. Revenue from operations jumped 73.9% YoY to Rs 1,045.70 crore in Q4 FY25.

ITI's board recently approved allotment of equity shares on the preferential basis to the President of India against the CAPEX received of Rs 59 crore.


More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +