RITES gets Navratna status

RITES gets Navratna status

State-owned RITES Ltd on Thursday said it has been granted the Navratna status.

"... after considering the proposal for grant of Navratna status for RITES received from the Ministry of Railways (Railway Board), the government has decided to grant Navratna status to RITES," the company said in a filing to BSE.

Navratna status is given to a select group of top-performing central public sector enterprises.