Investments worth more than Rs 80 trillion are expected in roads, railways and urban infrastructure between now and FY30 and the supply chains helping to build this core infrastructure are also readying to cash in on the growth. In the first half of the current financial year, orders worth more than Rs 2.6 trillion were tendered in the roads and railways segment alone, according to data sourced from ICRA Ratings and Research. "India's transportation infrastructure sector is in high gear, and we enjoy a sizable share of it," said S V Desai, whole time director and senior executive vice president (Civil Infrastructure) for Larsen & Toubro.
'The new trains should be fast, but the roll-out of the privatisation plan should be slow and well-considered,' recommends T N Ninan.
According to the police, 16-17 members of a family from Sayyad Nagar in Pune's Hadapsar area had hired a private bus to visit the scenic spot near Lonavala for a picnic on the rain-soaked day.
In the history of Indian railway budgets, Suresh Prabhu will perhaps be the first railway minister not to have announced either a single new train or a new railway line
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
The victory parade of the T20 World Cup winning Indian team finally commenced after a delay of more than two hours in Mumbai on Thursday.
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
The Indian Railways must opt for a dynamic fare-fixing system and improve its management and marketing techniques.
The Enforcement Directorate has issued a fresh summons to Bihar Deputy Chief Minister and Rashtriya Janata Dal leader Tejashwi Yadav in the railway land-for-jobs scam case, asking him to appear on January 5, official sources said on Saturday.
Visakhapatnam in Andhra Pradesh is India's most tourist friendly railway station. It has an executive lounge, gaming zone, shower facilities, frequently cleaned platforms and effective solid waste management techniques.
In the current fiscal, as per the revised estimate, these two companies raised Rs 14,942 crore (Rs 149.42 billion) from markets.
It turned out to be a memorable evening for the players, many of whom experienced such a rapturous welcome for the first time in their lives.
Heavy rains lashed Mumbai and its suburbs on Thursday, causing waterlogging on roads in some areas that led to traffic snarls and also delayed local train operations.
The introduction of private players would mean that trains will be available on demand and that passenger waitlist will decrease.
The Enforcement Directorate has summoned Bihar deputy chief minister Tejashwi Yadav and his father and Rashtriya Janata Dal chief Lalu Prasad Yadav for questioning in the railways land-for-jobs money laundering case probe, official sources said on Wednesday.
With the Indian Railway Catering and Tourism Corporation pushing electronic booking of tickets and scores of online travel portals entering the business, the share of tickets sold online in the total ticket revenues of the railways has doubled to nearly 30 per cent this year.
The report was presented to Railway Minister D V Sadananda Gowda.
The reason why Jammu resident Jagmohan Singh is doing so will bring tears to your eyes.
'Dense' to 'very dense' fog prevailed in parts of Punjab, Haryana, west Rajasthan, Bihar, Delhi, west Uttar Pradesh, Jharkhand, Odisha and Assam.
A round-up of the Ranji Trophy matches played on Saturday.
Finance Minister Nirmala Sitharaman announced on Monday a record sum of Rs 1.10 lakh crore for the Railways, out of which Rs 1.07 lakh crore is for capital expenditure, and said the national transporter would monetise the dedicated freight corridors after its commissioning. Presenting the Union Budget 2021-22, Sitharaman also applauded the services provided by the Railways to transport essential goods across the country during the coronavirus lockdown.
While this benefit of easing fuel cost should have been passed on to consumers through the review of FAC due this month, the Railways does not intend to revise freight and passenger fares until the next Budget to be presented in February.
At least nine passengers were reported dead on May 27 over a span of 48 hours on board the migrant trains, with the railways stating that all of them had health conditions.
Passengers, who do not have the app installed on their mobile phones, might be asked to do so after their arrival at the station.
Railway stations -- Beas, Vishakhapatnam, Khammam, Secunderabad, Ahmednagar and Jammu Tawi are the top ranked railway stations by cleanliness.
The Indian Railways is all set to hand over its ticketing business to private players.
"In the wake of the recent diesel price hike, the Indian Railways will not pass its additional financial burden on its users -- passengers and freight customers," Railway Minister Lalu Prasad Yadav said. While truck rental is expected to be increased by about 5 per cent, private taxis and commercial passenger vehicles are also expected to follow suit.
As Cyclone Dana barrels toward the coasts of Odisha, threatening to impact nearly half of the state's population, the government is racing against time to execute a massive evacuation plan aimed at relocating about 10 lakh people in several coastal districts to safety. In West Bengal, the cyclone is set to bring heavy rainfall in several southern West Bengal districts, including Kolkata, the India Meteorological Department (IMD) has said.
Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.
The Indian Railways has decided to introduce a mobile radio communication facility in its trains to ensure security.
'There are films, documentaries and reportage on the Internet regarding the Godhra riots. But whether the Sabarmati Express burned in an accident or a planned attack, what was the truth?'
Railway Minister Dinesh Trivedi present the Railway Budget on Wednesday.
London Games silver medallist Sushil Kumar is hoping to produce more Olympic medal winners at the newly-inaugurated Indian Railway Wrestling Academy.
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 Indian Railways will not be privatised. It will remain with the government, Railway Minister Mamata Banerjee said while presenting the Railway Budget in Parliament on Wednesday.
Dipa Karmakar will make her comeback to the tournament after a long gap of eight years
Adani Enterprises, the flagship firm of billionaire Gautam Adani's group, has bought a close to 30 per cent stake in Start Enterprises Pvt Ltd, which owns the online train ticket booking platform Trainman. Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL In a stock exchange filing on Saturday, Adani Enterprises said Adani Digital Labs Pvt Ltd, a wholly-owned subsidiary of the company, has bought a 29.81 per cent stake in SEPL for Rs 3.56 crore.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances