News for 'indian-railways'

No passenger trains during 'janata curfew' on Sunday

No passenger trains during 'janata curfew' on Sunday

Rediff.com20 Mar 2020

As of now, the Indian Railways has cancelled 245 trains in order to restrict unnecessary travel due to the coronavirus outbreak.

Govt dismisses media reports on 'undercounting' of Covid deaths

Govt dismisses media reports on 'undercounting' of Covid deaths

Rediff.com17 Feb 2022

The ministry said the country has a robust system of reporting deaths, including those caused by COVID-19, and the data is compiled regularly at different levels of governance, starting from the gram panchayat level to the district level and the state level.

Mix of relief and fear as rail services start

Mix of relief and fear as rail services start

Rediff.com13 May 2020

For many the resumption of trains is a big boon, but some say it doesn't come without confusion and worries

Zomato IPO oversubscribed 38x

Zomato IPO oversubscribed 38x

Rediff.com16 Jul 2021

Zomato's mega initial public offering (IPO) ended with a bumper 38 times oversubscription on Friday as institutional investors poured money to get a pie of the hottest online food delivery platform. Zomato got bids for 2,751.25 crore shares against 71.92 crore shares on offer, stock exchange data showed. The IPO is India's biggest since March 2020. Institutional investors, who shied away in the first two days of the IPO, bid several times over the number of shares reserved for them.

January likely to see IPOs worth Rs 8,000 crore

January likely to see IPOs worth Rs 8,000 crore

Rediff.com12 Jan 2021

RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.

ASK AJIT: 'Should I HOLD these stocks?'

ASK AJIT: 'Should I HOLD these stocks?'

Rediff.com24 Sep 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

IPO frenzy: 24 stocks that more than doubled your money in two years

IPO frenzy: 24 stocks that more than doubled your money in two years

Rediff.com12 Aug 2021

The retail frenzy over initial public offers (IPOs) seen over the past few months is not without reason. Over the past two years, 61 companies have tapped the primary market and raised funds via IPOs. Of these, 24 companies (nearly 39 per cent companies) have more than doubled at the bourses with Happiest Minds, IndiaMart Intermesh, Indian Railway Catering and Tourism Corporation (IRCTC), Affle India and Route Mobile surging 468 per cent to 722 per cent since their listing date till now. Retail participation in the equity market, according to analysts, has just reached an inflection point due to the low interest rate regime amid lack of investment-worthy avenues that can generate a good return for investors.

Railways marks its 167th anniversary without passengers

Railways marks its 167th anniversary without passengers

Rediff.com16 Apr 2020

On this day 167 years ago, the wheels of the first passenger train in the country from Mumbai to Thane started rolling.

Railways to resume select train services from May 12

Railways to resume select train services from May 12

Rediff.com10 May 2020

These trains will be run as special trains from New Delhi station connecting Dibrugarh, Agartala, Howrah, Patna, Bilaspur, Ranchi, Bhubaneswar, Secunderabad, Bengaluru, Chennai, Thiruvananthapuram, Madgaon, Mumbai Central, Ahmedabad and Jammu Tawi.

IRCTC is the most-valued PSU in D-Street

IRCTC is the most-valued PSU in D-Street

Rediff.com6 Feb 2020

In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent.

Railway Budget: 400 stations to get Wi-Fi!

Railway Budget: 400 stations to get Wi-Fi!

Rediff.com25 Feb 2016

Suresh Prabhu presented the Railway Budget on Thursday.

Oxygen shortage: Delhi hospitals say situation better, reopen admissions

Oxygen shortage: Delhi hospitals say situation better, reopen admissions

Rediff.com27 Apr 2021

"We are in a very comfortable situation today. The daily requirement of oxygen is 3.6 metric tonnes and we have about six tonnes available which will last for the entire day. It is quite a comfortable situation."

What Indian Music Should Airlines Play?

What Indian Music Should Airlines Play?

Rediff.com15 Jan 2022

So should airlines play the keening, trance-like Siddi folk music from the Kutch peninsula? The Sufiana Kalam of Kashmir? Carnatic music? Rabindra Sangeet? Bihu melodies? Classical music from the Hindustani gharanas? Ghazals? Bhajans? Bollywood hits?... asks Kanika Datta.

Railways mulls private-run trains in the Delhi-Mumbai and Delhi-Howrah stretches

Railways mulls private-run trains in the Delhi-Mumbai and Delhi-Howrah stretches

Rediff.com10 Sep 2019

On these routes, the train speed would also be increased to above 160 kmph over the next four or five years by revamping the entire signaling, tracks and fencing.

Google to wind down free WiFi services globally

Google to wind down free WiFi services globally

Rediff.com25 Feb 2020

Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.

Low demand dents Ola, Uber's plans for parking space at rail stations

Low demand dents Ola, Uber's plans for parking space at rail stations

Rediff.com24 Apr 2019

The investments by Uber and Ola included setting up kiosks, incentivising drivers for parking at the railway stations, and payments to the Indian Railways.

Why India's asset monetisation dream may be hard to achieve

Why India's asset monetisation dream may be hard to achieve

Rediff.com22 Sep 2021

India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.

Record Rs 1.10 lakh cr for Railways in Budget

Record Rs 1.10 lakh cr for Railways in Budget

Rediff.com1 Feb 2021

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.

Abhishek Banerjee's wife responds to CBI notice, asks team to visit on Tuesday

Abhishek Banerjee's wife responds to CBI notice, asks team to visit on Tuesday

Rediff.com22 Feb 2021

"Though I am unaware of the reason for me being called for questioning or the subject matter of the investigation, you may visit my residence as per your convenience between 11 am and 3 pm tomorrow, i.e. 23 February, 2021," she said in her letter to CBI.

Train services resume in Kashmir after 11 months

Train services resume in Kashmir after 11 months

Rediff.com22 Feb 2021

At present, the railway services in Kashmir operate between Banihal in Ramban District and Baramulla only.

'Railways have a 5x multiplier effect on the economy'

'Railways have a 5x multiplier effect on the economy'

Rediff.com24 Feb 2016

'We hope there shall be more focus on existing projects and their completion rather than new projects.' 'Any new project announcements should be largely for decongesting the existing lines rather than new lines.'

302 Shramik trains ferried 3.4 lakh migrants so far

302 Shramik trains ferried 3.4 lakh migrants so far

Rediff.com9 May 2020

Since the beginning of running the Shramik Special trains, Gujarat remained one of the top originating stations followed by Kerala.

1993 trains blast case: SC irked as accused jailed for 11 years without charges

1993 trains blast case: SC irked as accused jailed for 11 years without charges

Rediff.com30 Aug 2021

"Convict him or acquit him," an anguished Supreme Court observed on non-framing of charges on an accused jailed for 11 years over serial blasts in multiple Rajdhani Express and other trains in 1993.

UP, Delhi, Telangana ask for Railway isolation coaches

UP, Delhi, Telangana ask for Railway isolation coaches

Rediff.com11 Jun 2020

The railways' first such COVID-19 care centre was deployed at Shakur Basti railway stations in Delhi on May 31. It consisted of 10 coaches with a capacity of 160 beds. The coaches can be used for very mild cases that can be clinically assigned to the coronavirus care centres according to guidelines issued by the health ministry.

Why this nurse is cremating bodies

Why this nurse is cremating bodies

Rediff.com28 May 2021

The pandemic shines the spotlight on unexpected heroes.

Why India must scrap a separate Railway Budget

Why India must scrap a separate Railway Budget

Rediff.com1 Aug 2016

The Union government is reportedly considering doing away with the practice of presenting a separate Railway Budget.

Railways cancels Samjhauta Express on Indian side

Railways cancels Samjhauta Express on Indian side

Rediff.com11 Aug 2019

The railways run the train on Sundays from Delhi to Attari and back, while Pakistan used to run the train between Lahore and Attari. Passengers used to change trains at the Attari station.

Railways make Aarogya Setu app mandatory for travel

Railways make Aarogya Setu app mandatory for travel

Rediff.com12 May 2020

Passengers, who do not have the app installed on their mobile phones, might be asked to do so after their arrival at the station.

PM's private secy Rajeev Topno moves to World Bank

PM's private secy Rajeev Topno moves to World Bank

Rediff.com4 Jun 2020

Besides him, Brajendra Navnit who served in the Prime Minister's Office (PMO) has been appointed as Ambassador and Permanent Representative of India to the World Trade Organisation (WTO), Geneva, Switzerland. Topno is a 1996 batch Indian Administrative Service officer of Gujarat cadre.

Railways asks people with health conditions to avoid Shramik trains

Railways asks people with health conditions to avoid Shramik trains

Rediff.com29 May 2020

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.

India gets its first solar-powered train

India gets its first solar-powered train

Rediff.com15 Jul 2017

The solar rooftop system will generate 7,200 kilowatts per system per year, and it will be used for powering internal lights, fans, and other electrical systems of the coach.

Now, 1,700 passengers, 3 stops for Shramik trains

Now, 1,700 passengers, 3 stops for Shramik trains

Rediff.com11 May 2020

Bihar has accepted the most workers back with 100 trains, West Bengal has given nod to two, while eight more trains are in the pipeline.

India records 22 IPOs worth over $2.5 bn in Jan-Mar period

India records 22 IPOs worth over $2.5 bn in Jan-Mar period

Rediff.com21 Apr 2021

India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid "high momentum" in the country's capital markets and the trend is likely to stay bullish in the current quarter also, according to a report. Leading consultancy EY India's IPO (Initial Public Offer) report released on Wednesday showed that consumer products and retail, diversified industrial products, automotive and transportation were the most active sectors in terms of the number of IPOs in the 2021 first quarter. The IPOs include both in the main as well as SME (Small and Medium Enterprise) markets.

Zomato IPO oversubscribed on Day-1

Zomato IPO oversubscribed on Day-1

Rediff.com14 Jul 2021

Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The offer received bids for 75.60 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 2.69 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 34.88 crore shares were bid by 1700 hours.

Amid farmer's stir, IRCTC sends 2 cr emails showing PM's relationship with Sikhs

Amid farmer's stir, IRCTC sends 2 cr emails showing PM's relationship with Sikhs

Rediff.com13 Dec 2020

Officials also said that the move to send out the emails was a conscious choice as part of a communication strategy for public interest.

Why Railways' financial health is off track

Why Railways' financial health is off track

Rediff.com11 Sep 2021

In 2019-20, the capital expenditure of Indian Railways (IR) increased 60 per cent over 2016-17. The draft National Railways plan envisages a further increase in IR's capital expenditure, but an analysis by Business Standard shows that IR has come to depend more on borrowings and budgetary support. In 2016-17, while 11 per cent of its capital expenditure (capex) was funded by internal sources, in 2019-20 the ratio dropped to less than 1 per cent. A 2015 Committee on Restructuring Railways had flagged that over-reliance on borrowings could exacerbate the financial situation of Railways.

Time to BREAK IAS Stranglehold

Time to BREAK IAS Stranglehold

Rediff.com18 Nov 2021

The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.

Cyclone Yaas: Centre asks states to stock medical supplies

Cyclone Yaas: Centre asks states to stock medical supplies

Rediff.com21 May 2021

The Centre has asked Andhra Pradesh, Odisha, Tamil Nadu, West Bengal and Andaman and Nicobar Islands to ensure that health facilities are stocked with essential medicines and supplies to meet any exigencies in the wake of Cyclone Yaas which is expected to make a landfall later this month.

3 killed after 2 cargo trains collide in MP

3 killed after 2 cargo trains collide in MP

Rediff.com1 Mar 2020

Thirteen wagons of one of the trains and an engine jumped off the tracks following the collision.

Public sector IPOs to warm up to anchor investors

Public sector IPOs to warm up to anchor investors

Rediff.com29 Jan 2021

Through anchor allotment, a firm can demonstrate the demand for shares by getting marquee investors on board.