Teledata bags $1 million order from Chinese firm

Teledata Informatics Limited, a global software solutions company, on Monday said it has bagged a contract worth $1 million from a Chinese shipping company for technology services. Under the agreement, Beijing-based Sinotrans Shipping will use Teledata’s Ship Manager software in its fleet of 34 vessels and in its onshore offices, said a company statement issued to the Bombay Stock Exchange.