The Indian Railways is set to record a marginal surplus in the current financial year -- much lower than the Rs 5,258 crore (Rs 52.58 billion) budgeted in February 2011. But, the fall is only a trailer, considering the country's largest passenger and goods transport network is likely to go into deficit next year.
Threaten similar action on competitors if tyre prices aren't cut.
Double-decker buses are a big attraction for commuters.
This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries.
The benefit the ordinary person gets from unchanged fares is more than neutralised by the lack of service quality like the trains running on time.
The Union government is reportedly considering doing away with the practice of presenting a separate Railway Budget.
One of the first countries which committed to replace its petrol vends with battery feeders and substitute its liquid-fuel cars with battery-operated vehicles was Israel.
Infrastructure development firm Maytas Infra on Thursday said it has bagged an order worth Rs 790 crore (Rs 7.9 billion) from IL&FS Transportation Networks Ltd (ITNL) for road construction work.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
The chief of the junta's National Council for Peace and Order General Prayuth Chan-ocha has said the NCPO's working plan includes initiatives to repair existing one-metre wide tracks and construct new 1.435 metre wide tracks in parallel.
The US intelligence believes that Pakistan-based Lashkar-e-Tayiba and Kashmir-focused insurgent groups will continue to plan and execute "attacks" in India.
The attack is not focused towards any particular industry but it is widely spread across industries
First Look of Dr Manmohan Singh with British Prime Minsiter Tony Blair
Call centres in India brought in extra staff and asked some to work overtime to answer a flood of inquiries to Britain's National Rail after a series of deadly bomb blasts hit London's transport network Thursday, officials said.
On a train through eastern India in the rainy season, the British Broadcasting Corporation has produced a documentary film that charts the everyday lives of those involved in running the Indian Railways.
The auditors -- the local arms of the Big Four global firms Deloitte Haskins & Sells and KPMG which has BSR & Associates as an affiliate here-had challenged the jurisdiction of the NCLT to ban them.
Britain's Parliament was on Thursday put under a temporary lockdown after a Pakistani-origin member of the House of Lords received a suspicious envelope filled with "white powder" along with a racist letter, on a day the United Kingdom marked the 11th anniversary of the 2005 London terror attacks.
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of borrowers, including some entities associated with large corporate groups.
Giving a fillip to Dubai's transport network, the $1.25 billion tram has started services.
The use of such robots can not only save lives but can also help road construction companies cut down on labour costs.
Samantha Lewthwaite or the White Widow and the world's most wanted woman terrorist, has reportedly been gunned down in war-torn Ukraine by a Russian marksman.
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
India, World Bank ink $375 mn deal to help develop country's first waterway
The 14.15 km tunnel will provide all-weather connectivity to Srinagar, Kargil and Leh.
Passenger fares and freight rates were left untouched
Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
The Indira Gandhi International airport and Birmingham Airport signed an MoU to develop further links and formalise a working relationship.
The 17 related ministries have been combined into seven different groups, including some infrastructure departments, in a bid to ensure synergy and better results.
The board will first need to unpack IL&FS - it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon.
After presenting his first railway budget, Mallikarjun Kharge on Wednesday said he was not for populism but wanted to be "realistic" to ensure that the national transporter thrives for the people of the country.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
'It is like an island of excellence'.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
News of all that's transpired on and off the football field
Eyeing $9 billion business opportunity in booming e-commerce business, India Post, which has the biggest network and serves the last mile, is boosting its infrastructure for real-time tracking of parcels through satellites using a new technology.
India has world's second largest road network with its National Highways covering a distance of 92,851.07 kms.
Cambridge-based Pallavi Patel still suffers from sleepless nights after gunman slayed 30 tourists.
'Does the country risk being enclosed in a geographical cocoon if it spurns a multi-continent project for which everyone else has signed up,' asks T N Ninan.
The incident took place at the Parsons Green station, which has been closed.
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