The aim is to reduce working expense by about 15 per cent.
'The Centre brought down expenses by as much as Rs 12,000 crore (Rs 120 billion).'
The total earnings in Q1 rose 14.54 per cent, while working expenses grew at a measly 4.22 per cent.
ome of the features including seat declining angle, better cushion for seats, better accessibility to mobile charging points than before, extended foot-rest in the Executive Chair cars among others, an official release said.
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
The earthquake damaged houses, roads, as well as other infrastructures, state-run Xinhua news agency quoted eyewitnesses from the area as saying.
The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others.
By May this year, awards in highways projects will swell to Rs 2 lakh crore from Rs 1.6 lakh crore now
The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.
West Bengal Chief Minister Mamata Banerjee on Monday claimed credit for the initiative to provide Wi-Fi facilities at railway stations as she hailed Prime Minister Narendra Modi's 'Digital India' campaign.
'At least one specially designed fully accessible railway car should be added to every train'.
Shortlisted bidders have been intimated
The year began with Ayodhya getting ready for the Ram temple consecration ceremony. Almost four months later, the excitement has settled down and some voters are crediting the Bharatiya Janata Party for fulfilling its promise while others feel that development should reach every corner of the district.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
The next Rail Budget to be presented early next year could contain a proposal for raising fares to pass on the burden of rising power cost to passengers.
The number of passengers were 8,421 million in 2012-13 which was reduced to 8,397 million in 2013-14.
'The wave of terrorism is over in Kashmir. Local people do not support it.'
The railways also rolled out its first orange coloured Vande Bharat Express from Kasargod to Thiruvananthapuram, a high demand route which now operates two such trains, a senior Indian Railways official said.
GE, Alstom land $5.6 billion deals to supply Indian Railways
Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. Growth is expected to be driven by a pickup in domestic infrastructure spending.
Indian Railways is currently implementing a project that involves laying of a broad gauge line connecting Nangaldam to Talwara in Himachal Pradesh.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
'In the larger cities, we can see that 12%-20% of the population making use of the metros. I don't think it is happening in the smaller cities.'
Aimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.
The lawmakers seem as uninterested as those who use the railways.
The minister plans to reinstate the Railways as the backbone of the economy
Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.
The cross-border rail project near Tripura's capital Agartala and Akhaura in Bangladesh is expected to boost cross-border trade, and significantly reduce the travel time between Agartala and Kolkata via Dhaka.
The reassessed Plan size for the railways in 2012-13 has already shrunk to Rs 56,950 crore (Rs 569.5 billion) from Rs 60,100 crore (Rs 601 billion) after the first quarter.
The system will give a boost to regional trade and business.
Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.
The government is not seeking to change the 2012 Supreme Court judgment that backed auction as the preferred mode of allocating telecom spectrum except for narrowly defined sectors such as satellite communication and defence where the auction is not feasible, a top source said on Wednesday.
Infrastructure ministries asked to quickly resolve issues.
An inquiry by the safety commissioner has been ordered. Anusha Soni reports
"Does one need bullet train or improvement of basic rail infrastructure," the MNS chief said.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
'Interim Budget has ignited the entrepreneurial spirit.'
Efficient land use, minimum congestion, a focus on dharamshalas (inns) and homestays, upgrading the infrastructure while retaining the historical and cultural character of the city are some of the highlights of the plan prepared by Kukreja, the managing principal of CP Kukreja Architects.
