Zetwerk Manufacturing, a $3.1 billion company in the contract manufacturing space, is planning to come up with an initial public offering within the next 15-24 months, a top company executive said on Saturday. The Bengaluru-based company aims to raise at least $500 million, targeting a valuation of around $5 billion.
The Railway Protection Force (RPF) has detained a suspect in connection with the knife attack on actor Saif Ali Khan at Durg railway station in Chhattisgarh. The suspect was traveling by a Mumbai-Howrah train and held at Durg in the afternoon. Mumbai Police were informed about the development and their team will reach here by late evening.
The Northern Railway is set to suspend wrestler Sushil Kumar after he was arrested by the Delhi Police in a murder case
Railways have suspended two senior officials following searches carried out by CBI and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.
Railways on Friday withdrew the Rs 4 crore water bill sent to the Latur district administration and promised to continue to run water trains to cater to the need of the people in the parched areas of Marthahwada region till the crisis is over.
A single bench of Justice Bharati Dangre directed the Western Railways to pay Rs 3 lakh to a 75-year-old man who suffered injuries to his leg after falling off an overcrowded local train.
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.
Union minister Suresh Prabhu on Thursday announced a cash reward of Rs 1.30 crore for 10 members of the Indian women's cricket, who are employed with the Indian Railways.
CAG says Railways lost about Rs 4,300 crore in 2008-2012 because of improper documentation.
Tamil Nadu Chief Minister and DMK president M K Stalin said on Wednesday that the DMK will not oppose Hindi if it is not "imposed" on Tamil Nadu, stating that forcing the language on Tamils amounts to playing with their self-respect. Stalin's remarks come amidst an intense language row in the state, with the DMK alleging that the BJP-led NDA government at the Centre was trying to impose Hindi through the three-language formula in the National Education Policy (NEP), a charge denied by the union government.
While the TN Government Railway Police sleuths are questioning five passengers, the commissioner of railway safety commenced inquiry over the mishap in Madurai.
AISA general secretary and Bihar MLA Sandeep Saurav along with others in a press statement said that the committee formed by the ministry is a "conspiracy" to postpone the matter till the elections in Uttar Pradesh.
Enraged by the sexual assault, the victim's family and passengers thrashed Kumar.
The government also stated that the people working in essential sectors must be fully vaccinated and should have completed the 14 days post-inoculation before they can be allowed to board local trains.
'They started checking the identity cards of some people and separated some of them. Three militants were guarding the doors of our coach. They told the people that they would not say anything to civilians, women, old people and Baloch people'
The Odisha government has constituted a fact-finding committee to investigate the circumstances surrounding the death of a Nepali student at KIIT University and the subsequent protests by students. The three-member panel will investigate the institute's handling of the situation, including the suspension of students seeking justice. The incident has sparked outrage and raised concerns about the safety of international students at the institute. The Nepal government has threatened to stop issuing no objection certificates for students studying in Odisha if the situation is not resolved.
In a relief for people travelling long distances, the Indian Railways is set to resume serving cooked meals on trains, a service which was discontinued in the wake of the coronavirus pandemic.
Prabhu asks Indian Railways to save Rs 5,000 cr on energy bill.
With Suresh Prabhu taking over, the Railways has initiated a number of steps to bring about efficiency with former Delhi Metro chief E Sreedharan also being roped in as part of this process.
A 22-year-old woman was allegedly abducted from the Kota-Etawah Express and gang-raped by three men who held her hostage for five hours, officials said on Monday.
The report said people with heavy luggage lost their balance because of which the stampede may have occurred.
'Because of the callous attitude of the railway administration, they don't take care of safety.'
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.
Students from de-notified tribes, nomadic tribes and semi-nomadic tribes will receive coaching fees of up to 1,20,000 and additional benefits for preparing for entrance examinations such as JEE, NEET, CLAT and the NDA.
A notification issued by the railway board in the evening said new fares would come into effect from May 5.
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.
Devotees attending the Maha Kumbh in Prayagraj are facing transportation challenges, with many forced to walk long distances in search of transport. Thousands of pilgrims returning from the event are stranded at Varanasi Cantt and Banaras railway stations, with some missing their trains due to the rush and others stuck because of cancellations. Officials say the traffic situation in the district has returned to normal, but some pilgrims report difficulties in finding transport and reaching their destinations.
"The railway minister has expressed deep grief over the incident and announced an ex-gratia of Rs 5 lakh for those who died in this unfortunate incident and Rs 1 lakh to those seriously injured," Railway Board chairman Arunendra Kumar said.
The government had also appointed PricewaterhouseCoopers as consultant to come up with a road map to upgrade base kitchens and service on trains.
Dense fog enveloped Delhi for a second consecutive morning, leading to disruptions in air and rail traffic. Visibility dropped to zero in several areas, causing delays for 81 trains and diversions for 15 flights. The Met office attributed the fog to calm surface winds, and predicted continued dense to very dense fog throughout the day. Meanwhile, the national capital's air quality remained in the 'very poor' category, with an AQI reading of 380 at 9 am.
Clean toilets, colour-coded dustbins, comfortable beds, oxygen cylinders and all amenities one can expect in a top class hospital -- the first inmates of the train coaches converted into isolation wards have come away praising Indian Railways for providing a unique solution to care for suspected COVID-19 patients.
Seeking his custody, the police told the court that the mental health condition of the accused constable was yet to be conducted and that he was not cooperating with them.
The injured, two of them seriously hurt, have been admitted at the Bangad Hospital in Pali, they said, adding the incident led to the disruption of traffic on the route with nearly two dozen trains cancelled or diverted.
The railways continue to lose market share with an actual fall in the number of passengers and stagnant freight tonnage, says Subir Roy.
The first such train left Mumbai's Chhatrapati Shivaji Maharaj station for Varanasi at 12.10 am. The Northern Railway bore 60 per cent of the traffic of these trains with 118 running over its network, including 100 either terminating or originating from the zone, and nine others passing through it.
Railway Protection Force (RPF) constable Chetan Singh, arrested on charges of gunning down his senior officer and three passengers on a moving train last week, has now been booked for promoting enmity between groups, while a court in Mumbai on Monday extended his police custody till August 11.
BJP IT department head Amit Malviya shared on Twitter what he said were the details of accidents under these ministers and added such 'worthies' are the ones demanding the resignation of the 'most qualified' railway minister the country has had in seven and half decades.
It said it will also allow reservation of reserved tickets from common service centres (CSC) and through ticketing agents with effect from Friday. The zonal railways have been instructed to decide and notify opening of reservation counters as per local needs and conditions, the order stated.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
