Railway Minister Sadanand Gowda presented the Railway Budget for 2014-15 on Tuesday.
Government was watching Gandhiji's mood to know if he had cooled down. They found out from his letters and utterances that he was the same old firebrand and even more determined than before.
Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.
After its forays into e-ticketing and hospitality, the Indian Railway Catering and Tourism Corporation has tied up with travel major Cox & Kings for offering tour packages
Talking to reporters at Tiruchirapalli on Wednesday, Raj Kamal Rao, member (mechanical) Railway Board, said the joint ventures were for passenger coach manufacturing facility at Rae Bareilly in Uttar Pradesh, a diesel locomotive manufacturing unit at Madora in Bihar and for production of electric locomotives at Modepura in Bihar. The railway was in the process of producing stainless steel goods wagons instead of the mild steel ones, he said.
Indian Railways on Tuesday entered into a joint venture agreement with the NTPC for setting up 1000 MW captive power plant at Nabinagar in Bihar, a move that can help the exchequer save Rs 400-600 crore (Rs 4-6 billion) annually on power purchase from state electricity boards.
Despite its attempts to check theft, the Indian Railways lost properties worth around Rs 40 lakh owing to lax security measures at its godowns and yards last year.
With traffic growth slowing despite the economy doing well, and the minister saying he won't hike passenger fares, things don't look as good.
The Indian Railways is ready to provide the technology to extract bio diesel from Jetropha and Neem free of cost to any entrepreneur.
'If you want a room for the consecration, then you better book it now.' 'By this time next week there won't be any hotel rooms available in the temple city.'
'General Paddy was amongst the last line of generals who stood by his convictions and brooked no interference in matters which were his domain.' Lieutenant General Zameer Uddin Shah (retd) salutes his former chief who passed away on August 19.
The service would enable one to know the passenger name record status, current train running positions, accommodation and availability and fare enquiry. The SMS service would come at a premium and would be charged at Rs 3 per message.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.
Cold-day conditions prevailed in parts of north India on Friday though the maximum temperatures rose slightly amid clear skies and sunshine during the day.
The performance of railways was 'below par' during 2004-05 to 2008-09 when the Rashtriya Janata Dal chief was at the helm of affairs, the White Paper laid by railway minister Mamata Banerjee revealed.
Four southern districts in Tamil Nadu are experiencing severe flooding after record-breaking rainfall, prompting Chief Minister MK Stalin to schedule a meeting with Prime Minister Narendra Modi in Delhi for immediate relief measures.
Cricketer Harmanpreet Kaur, who hit a stunning 171 not out in the recent women's cricket World Cup propelling India into the finals, has been promoted as Officer on Special Duty (OSD) in the Western Railway.
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The Asian Development Bank has given a loan of $313.6 million to the Indian Railways for strengthening its golden quadrilateral project, an official release said on Wednesday.
Passengers have been long complaining of the IRCTC website crashing as soon as the booking commences in the morning.
The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum's chief executive officer, said on Tuesday. With more than 250 global and domestic exhibitors, the seventh edition is expected to draw more than 100,000 visitors this year, he said. There will also be over 5,000 CXO-level delegates and more than 350 speakers.
The Indian Railway Catering and Tourism Corporation is planning to operate five more 'Bharat Darshan Village on Wheels' special tourist trains, Union Minister of state for Railway R Velu said on Monday.
Presenting his fourth Railway Budget in succession, Railway Minister Lalu Prasad on Monday said that the Indian Railways had registered a profit of Rs 20,000 crore (Rs 200 billion) for the fiscal year 2006-07.
IRG will provide four CFL bulbs to each house in railway residential colonies free of cost and earn carbon credits by registering itself with the UN Framework Convention on Climate Change under Clean Development Mechanism project.
With 1.36 million employees, the railways are one of the country's biggest employers, constituting 28 per cent of the total central government employees.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
The ministry of information and broadcasting is working on a proposal to set up a mega movie production studio -- akin to those in Hollywood -- with an investment of Rs 10,000 crore (Rs 100 billion), which will be supported by the government.
Passenger trains on the snow-covered Baramulla-Qazigund railway track, near Srinagar, after train services resumed in the valley following heavy snowfall, January 10, 2022.
While Uttar Pradesh has allowed 837 trains, Bihar has permitted 428 and Madhya Pradesh more than 100.
Malaysia awarded IRCON International Ltd to design, construct, commission and maintain the proposed electrified double-track rail at the country's Seremban-Gemas sector. IRCON's latest project comes after an earlier Ipoh-Padang Besar project in 2001-2003, for which the Malaysian government had considered the Indian company but later shelved the plan.
"The year 2009-10 imposes greater challenges", Railway Board chairman S S Khurana said. The railways get bulk of revenue from the freight traffic, which was impacted by the slowdown in the Indian economy on global financial concerns.
This is the first cyclone in the Bay of Bengal this pre-monsoon season.
International para-athlete turned social worker Suvarna Raj on Sunday alleged that she was allotted an upper berth on a Nagpur-Delhi train even though she is physically handicapped.
The jottings on torn pages of a diary with sketches of elephants, fish and sun on the other side, were probably written during the leisure time of a passenger whose identity is not known as yet.
Women are taking up responsible jobs in Indian Railways.
'There are enough funds to solve this problem.'
As per convention, Railways releases the new time table -- Trains at a glance -- every year on July one across the country. Sources said this year the Railway Time Table Committee, comprising senior officials from various zones, will sit after the Railway Budget is tabled in Parliament.
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