The redevelopment of stations is good news for construction companies.
These new coaches are being built at the Rail Coach Factory in Kapurthala under a technology transfer agreement with Alstom-LHB of Germany.
Interview with K Vasudevan, director, Alstom and chairman of the Energy Cell of the Confederation of Indian Industry.
Electronic devices installed along tracks provide train signals to a computer fitted in the locomotive. If a driver goes over the designated speed, a dashboard in front of him gives a red alert sign at first. Even after this, if the train continues its journey, the train's brake is automatically applied.
The market seemed enamoured with power sector stocks on Thursday as the Union Cabinet approved a bill that will lead to far-reaching reforms in the crucial sector.
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
Shortlisted bidders have been intimated
Other developers that have sought additional time include Alstom Bharat Forge Power, Sesa Sterlite Ltd and Cognizant Technology Solutions. Vedanta Aluminium has asked for extension of the validity of the approval granted by the board for setting up an SEZ in Odisha beyond May 22.
All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.
Amid slowdown, the company is buying quality land parcels at marquee locations across the country.
The Rs 63,000-cr Mumbai-Ahmedabad high-speed corridor and Rs 14,000-cr CSTM-Panvel suburban corridor are two of the largest projects.
Despite public-private partnership projects announced in several rail budgets, the investment since 2000 has been merely Rs 3,000 crore.
India and France on Friday signed 17 agreements, including on the stalled nuclear project in Jaitapur in Maharashtra, after Prime Minister Narendra Modi held wide-ranging talks with French President Francois Hollande.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
Capital goods stocks rallied nearly 16 per cent since January on purchases by foreign institutional investors and in anticipation of a change of government at the Centre.
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Despite being cheaper, the Chinese technology is not the preferred option.
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
The Rs 56,000-crore (Rs 560 billion) Adani Group on Monday received a major blow from the Gujarat High Court, which ordered a shutdown of 12 units in Adani Ports and Special Economic Zone (APSEZ), located in Mundra, Kutch district, with immediate effect.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
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Globally, the company intends to cut expenses by $7.8 billion by 2014.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
"I congratulate the people of Kochi on the proud moment," the PM said.
Large and small businesses alike have delivered low-key performances.
LHB coaches are safer. Two high-level railway safety commissions came down heavily on ICF coaches, recommending their replacement by LHB, says Bibek Debroy.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
Fare will be in the range of Rs 10 to around Rs 30-40
Sensex may remain under pressure this week due to weak global factors.
RBI is expected to slash rates by 150 basis points till end-December 2016.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
'Prime Minister Modi has initiated a host of reforms in the right direction, and I would like to see that continuing.'
Marking a breakthrough in the protracted talks in the French Rafale jet deal, Prime Minister Narendra Modi announced on Friday that India will purchase 36 of these fighter planes that are ready to fly, citing critical operational requirement of the Indian Air Force.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
Over lunch with Jyoti Mukul, Banmali Agrawala, president and CEO, GE South Asia, discusses how GE is transforming itself into a digital industrial company.
Movement of rupee and crude oil prices will also dictate the trend
Rashme Sehgal took a ride on the Gatimaan Express for you.
FIIs pump in Rs 2,075 crore in past three trading sessions.
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