All stories by Shine Jacob
'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 fundingRediff.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 limboRediff.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 trafficRediff.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 dealRediff.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 projectRediff.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 stationRediff.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-dwellersRediff.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 projectsRediff.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 programmeRediff.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 jitteryRediff.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 flagRediff.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 stationRediff.com26 Aug 2020
The estimated cost of the project is around Rs 1,642 crore.
After 167 years, Railways to overhaul its signalling systemRediff.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 succeedsRediff.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?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?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 regimeRediff.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 dataRediff.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 projectsRediff.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.