'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
To further improve rail connectivity and infrastructure development, 22 stations located at metropolitan centres and major tourist centres will be developed through public-private partnership, the President said.
"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.
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.
Well-known among the Silicon Valley elite, Vishal Sikka is the first external CEO for Infy.
Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.
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.
Rediff readers tell us how they spent their first salaries.
A well known figure among the Silicon Valley elite, Sikka recently quit his job at SAP.
IRCTC is gearing up to promote online sale of tickets.
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 Indian Railways has one of the busiest and largest railway networks in the world.
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.
The Railway Minister proposed numerous steps to enhance passengers' safety.
Minister of Railways Piyush Goyal spoke with the media about his privatisation plan, safety road map and innovation strategy.
India is currently considering two corridors for high speed trains.
Talgo's arrival in India marks the beginning faster and efficient train services.
Tha airline launches maiden flight to Goa; will begin service to Chennai on June 19.
"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.
India prepares itself for world class rail stations.
Railway Minister Mallikarjun Kharge on Wednesday announced a slew of measures for improving the services of Indian Railways.
The launch of this train heralds a new era of high speed rail travel in India.
'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'
Noting that it was his government that had recommended a CBI probe into the actor's death, Kumar said the incident saddened both the state and the country.
Indian Railways has tied up funds for the next two years for its ambitious modernisation programme.
Union minister Ram Vilas Paswan appealed to people to boycott products from China and also directed officials of his ministry not to procure any Chinese products for day-to-day office use while his ministerial colleague Ramdas Athawale said all restaurants and hotels that sell Chinese food in India should be closed down.
During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.
Talking about the Tablighi Jamaat congregation, Agarwal said, "If the Tablighi Jamaat incident had not taken place and we compare the rate of doubling -- that is in how many days the cases have doubled, we will see that currently it is 4.1 days (including Jamaat cases) and if the incident had not taken place and additional cases had not come then the doubling rate would have been 7.4 days."
The focus is now on having premium service to give passenger comfort and increasing train speeds.
The public sector behemoth is looking at forming joint ventures with states.
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.
Special Judge Arun Bhardwaj also issued a production warrant against Prasad in the case.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
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.
Gandhi noted that lakhs of migrants continue to walk hundreds of kilometres to reach back their homes without food, water, medicines and cash. She also accused the central government and the Railways of completely ignoring the demands made by the Congress for ensuring the safe and free travel of migrant workers and labourers to their homes.
No date of resumption of services has been fixed so far, they said.
Ashwani Lohani said employees were wrongly blamed for woes of the organisation due to the merger that didn't happen
Amid the hustle bustle of Lok Sabha polls, Congress chief Sonia Gandhi has disclosed loss of tax-free bonds worth Rs 10 lakh purchased from the Indian Railway Finance Corp.
For states like West Bengal, Bihar, Odisha, Jharkhand and Uttar Pradesh, where migration is high, the return of workers could be as much an opportunity as a liability. All states have launched portals to register migrant workers; additional fields like nature of employment and remuneration in the past 2-3 years are being added to help in skill mapping.
At Begun Kodar in West Bengal, a mysterious woman in a white saree walks along the tracks of a lonely railway station.
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