Market regulator, Securities and Exchange Board of India (Sebi) has shortlisted eight companies for revamping its IT infrastructure network and communication systems including Bharti Airtel, Wipro, Tata Communications, Hewlett Packard Enterprise India, IBM India, NTT India, Orange Business Services India Technology and Sify Technologies.

Sebi is looking forward to refurbishing its IT infrastructure network and communication systems. Besides that, it is also planning to have centralised control over its network and IP (Internet Protocol) telephony infrastructure.

According to the regulator in July, Expression of Interest (EoI) from solution providers are invited for an ‘upgrade and revamp of IT network, IP telephony and video conferencing set-up of Sebi’. In a notice, Sebi shortlisted eight bidders “for further process”. Sebi at the time of inviting EoI said that the proposed solution should be robust, secure, stable, efficient and easy to manage and should have the latest collaborative features.