Shine Jacob

All stories by Shine Jacob

'Sebi has given go ahead for RailTel IPO'

'Sebi has given go ahead for RailTel IPO'

Rediff.com30 Nov 2020

'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Delhi-Alwar rapid rail: India in talks for $3 bn funding

Rediff.com7 Oct 2020

The project will be in three stages and sources indicate that the funding will be for the first stage of 107 kilometre from Sarai Kale Khan to SNB Urban Complex.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

Indian Railways back on track, stems fall in freight traffic

Indian Railways back on track, stems fall in freight traffic

Rediff.com2 Oct 2020

Revenue from freight operations also increased by 14 per cent to Rs 9,903 crore in September.

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Rediff.com29 Sep 2020

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Rediff.com19 Sep 2020

'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.

Railways to allow private players for bullet train projects

Railways to allow private players for bullet train projects

Rediff.com18 Sep 2020

The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.

Prayagraj to house Indian Railways' ambitious freight programme

Prayagraj to house Indian Railways' ambitious freight programme

Rediff.com15 Sep 2020

Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.

BPCL privatisation move make workers jittery

BPCL privatisation move make workers jittery

Rediff.com8 Sep 2020

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements.

Railway Board restructuring gets green flag

Railway Board restructuring gets green flag

Rediff.com4 Sep 2020

The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.

Railways seeks private fund to develop Mumbai's CST station

Railways seeks private fund to develop Mumbai's CST station

Rediff.com26 Aug 2020

The estimated cost of the project is around Rs 1,642 crore.

After 167 years, Railways to overhaul its signalling system

After 167 years, Railways to overhaul its signalling system

Rediff.com1 Aug 2020

The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies - European Train Control System and Train Collision Avoidance System.

Diesel at doorstep? Possible if OMCs' plan succeeds

Diesel at doorstep? Possible if OMCs' plan succeeds

Rediff.com29 Jul 2020

Oil marketing companies IOC, BPCL and HPCL have invited expressions of interest from start-ups that wish to be enrolled as fuel entrepreneurs for doorstep delivery of high-speed diesel through mobile petrol pumps.

Will private railway services be a reality by 2023?

Will private railway services be a reality by 2023?

Rediff.com16 Jul 2020

Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.

Will bullet train start running from 2023?

Will bullet train start running from 2023?

Rediff.com14 Jul 2020

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

How fuel prices have risen under Modi regime

How fuel prices have risen under Modi regime

Rediff.com13 Jul 2020

Despite a massive decline in crude oil prices since 2012 -- Modi has been prime minister in six of these eight years -- petrol in Delhi has become 10 per cent costlier and diesel 97 per cent, as of July 2.

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

IOC beats lockdown blues, resumes works on projects

IOC beats lockdown blues, resumes works on projects

Rediff.com9 Jul 2020

These mega projects, worth about Rs 1 trillion, would boost the economy, ensure smooth supply of petroleum products across the nation and also provide the much-needed relief to people looking to get back to work after the lockdown.

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