J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
The Railway Ministry will deliver the advanced locomotives to the African nation over the next three years. Prime Minister Narendra Modi will flag off the first locomotive for export on Friday.
Two dedicated freight corridors -- Eastern and Western -- are in operation covering several states and districts.
"We are targeting India. We will participate in the tender to be floated soon by the Indian Railways for 1,000 electric locomotives. We will offer 10 per cent cheaper price than other companies," Alstom's locomotive platform director Jean-Marc Tessier told PTI. The company unveiled on Wednesday the design of Prime II locomotives, the advanced version locomotives with high speed.
'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'
A meeting of the board of directors of Tata Engineering & Locomotive Company Ltd is scheduled on January 22, 2003 to consider, inter alia, the unaudited results for the third quarter ended December 31, 2002.\n\n\n\n
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
Bill Aitken came to India nearly 60 years ago. He never returned. An Indian citizen since 1972, he tells Rediff.com's Archana Masih how India changed his life forever.
Tata Engineering & Locomotive Company Ltd has posted a net profit of Rs 757.10 million for the quarter ended December 31, 2002 as compared to a net loss of Rs 555.40 million in the quarter ended December 31, 2001.
India's Tata Engineering and Locomotive Company said on Monday it will launch a sedan version of its lone car model on Wednesday, marking its entry into the mid-size segment.
Tata Engineering and Locomotive Company Ltd said on Friday it has agreed to supply its homegrown Indica hatchback cars to the UK's MG Rover Group, to be sold under the Rover brand in Europe.
Tata Engineering & Locomotive Company has reported a 258 per cent increase in net profit at Rs 100.31 crore (Rs 1.003 billion) for the quarter ended June 30, 2003 as against Rs 28.03 crore (Rs 280.3 million) in Q1 FY03.
India is now much ahead of other large railway networks in the world in terms of electrification -- with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent.
India's iconic Vande Bharat train project may finally find a solution to its two Russian-related issues.
Is India headed there again? questions Ajit Balakrishnan
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
'If private capex has to kick in, there should at least be 2-3 years of visibility.'
The Railway Men is a compelling watch; the subject is handled with seriousness and respect without going overboard with the dramatic impact, observes Mayur Sanap.
'Children are curious by nature, so I thought of writing these books, which provide creative but convincing explanations and also teach values like sharing is caring,' Sudha Murty tells Chintan Girish Modi.
More than 20,000 Russian soldiers were killed and over 100,000 were wounded since December 2022, White House official John Kirby said, according to CNN.
France will extend its expertise to modernise Ambala and Ludhiana stations.
Sebi ruled that Pendse has violated various provisions of the PFUTP Regulations and the Securities Contracts Regulation Act with his illegal transactions.
Bombardier Transportation India Ltd is considering an association with the Indian railways
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.
GE, Alstom land $5.6 billion deals to supply Indian Railways
Nano, the wheels that millions of Indians have been waiting to drive, on Monday hit the roads and waved goodbye to Tata Motors' enduring image as a truckmaker.
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.
Despite being cheaper, the Chinese technology is not the preferred option.
Shringla visited Dhaka in March last after assuming office of the Indian Foreign Secretary in January this year.
On August 15 last year, Prime Minister Narendra Modi announced from the ramparts of the Red Fort that the Indian Railways would launch 75 Vande Bharat Express trains by August 2023. Later, in her 2022 Budget speech, Finance Minister Nirmala Sitharaman announced that 400 Vande Bharat trains will be manufactured in the next three years, which are expected to cost between Rs 40,000 crore and Rs 50,000 crore. Those upbeat announcements come after a series of cancelled tenders, vigilance actions against officials and interdepartmental rivalry that delayed the addition of these iconic trains developed entirely indigenously by the Integral Coach Factory (ICF) in Chennai.
The 11.4-km Versova-Andheri-Ghatkopar corridor is set to be operational by 2010-end. Mumbai Metro One, the special purpose vehicle formed to undertake construction, has selected CSR Nanjing Puzhen Rolling Stock Company -- a 100-year-old subsidiary of the government-owned China South Locomotive and Rolling Stock Corporation.
Many say Tata Motors has perhaps paid the price for being too ambitious.
Railways is looking at similar light weight type trains for speedy run on the existing network
Power equipment supplier Bharat Heavy Electricals Ltd plans five joint ventures in the nuclear sector and locomotive manufacturing. The company has decided to invest Rs 1,000 crore in a castings and forgings joint venture, Chairman and Managing Director K Ravi Kumar said.
India Inc is ready to diversify into unchartered areas.
Three major companies, Japanese giant Toshiba, Canadian major Bombardier and GE, are looking at manufacturing wagons and coaches in the country.
Locally manufactured coaches can achieve similar speeds as Talgo trains.