IRCTC and Yebhi's partnership was based on a revenue sharing model where Yebhi held inventory for IRCTC and shared about 2-10 per cent of the revenue.
"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.
'India is the only large nation along with Argentina whose numbers have continuously and without a break risen from March,' observes Aakar Patel.
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
Railways is expecting investment through various partnerships.
The sector is witnessing weak tendering.
Prime Minister Narendra Modi's dream project -- the Mumbai-Ahmedabad Bullet Train has been shown the green light with the formation of the company tasked with taking the project forward
Amid all these changes which included replacement of the steam engines with diesel and electric locomotives, one thing has been constant: untidy stations and malodourous trains and stations.
There is continued shift by passengers from rail to other modes of travel, thanks to improvement in road connectivity and the shrinking differential in high-end rail and low-end air travel.
The planned metro rail corridor from Colaba in south Mumbai to the north western suburb of Bandra will be considered after the Indian Railways states its plan for the elevated rail corridor from Churchgate to Virar, Mumbai Metropolitan Region Development Authority Metropolitan commissioner Ratnakar Gaikwad said. MMRDA will await the feasibility study being carried out by the Railways regarding the elevated corridor before deciding the next step for the metro line, he said.
The RJD chief has been asked to appear for questioning at the agency headquarters on September 11.
Iran's growing proximity to China may have also played a part.
Well-known among the Silicon Valley elite, Vishal Sikka is the first external CEO for Infy.
The scheme would cover incidents like robbery and dacoity.
A well known figure among the Silicon Valley elite, Sikka recently quit his job at SAP.
Agarwal said that the current 'R0' or R naught for the coronavirus infection is somewhere between 1.5 and 4.
IRCTC is gearing up to promote online sale of tickets.
"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.
The Indian Railways has one of the busiest and largest railway networks in the world.
The Railway Minister proposed numerous steps to enhance passengers' safety.
The Ratlam division of the national transporter is planning to provide head and foot massages to passengers in 39 trains originating from Indore railway
While in a statement issued earlier, the Railways had said that these trains will be fully non-air conditioned, on Wednesday it said that these will have both AC and non-AC classes and fully reserved coaches.
India is currently considering two corridors for high speed trains.
Listing of LIC will help bring in greater transparency, public participation and also deepen the equity market.
Tha airline launches maiden flight to Goa; will begin service to Chennai on June 19.
India prepares itself for world class rail stations.
Railway hospitals will offer postgraduate courses for medical students.
Railway Minister Mallikarjun Kharge on Wednesday announced a slew of measures for improving the services of Indian Railways.
This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.
Talgo's arrival in India marks the beginning faster and efficient train services.
Sandeep Lamichhane on Sunday became the first cricketer from Nepal to land an Indian Premier League contract when he was bought by Delhi Daredevils in the ongoing players' auction in Bengaluru.
Disability activist Virali Modi recounts her life's most challenging moments and how she turned adversities in her favour.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
The launch of this train heralds a new era of high speed rail travel in India.
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
A report of a joint inspection committee (JIC) - comprising experts from DMRC, Indian Railways and Reliance Infra - has revealed that the Airport Metro Express line had been rolling on a track that had 91 per cent of its bearings dislocated.
Essel Group-promoted Dish TV on Wednesday said it was looking for a tie-up with the Indian Railways to implement DTH services in trains, which would enable travelers to watch Live TV while on the move.
Though bids for 43 Train 18 sets were invited first, orders for only three were given, including one for Spanish major CAF and Medha Group that supplied for the first Vande Bharat train.
The public sector behemoth is looking at forming joint ventures with states.
Sheela Bhatt spends a bleak, rainy, winter day at the Aam Aadmi Party's dharna outside the Union home ministry in New Delhi and speaks exclusively to Delhi Chief Minister Arvind Kejriwal about his motivations.