Mar 03, 2014 at 13:01 | Source: Moneycontrol.com
The Department of Industrial Policy and Promotion (DIPP) had proposed a 100 percent FDI through automatic route in the railways sector. However, FDI is not meant for areas related to train operations and safety.
Feb 12, 2014 at 17:07 | Source: Firstpost.com
While Kharge was not expected to raise passenger fares (politically unthinkable anyway) or freight (given the state of the economy), the numbers contained some good news nevertheless.
Feb 12, 2014 at 14:20 | Source: CNBC-TV18
Sachin Bhanushali, President of Gateway Rail Freight; Rajeev Jyoti, Chief Executive - Railway Business at Larsen & Toubro; Umesh Choudhary, Vice Chairman Of Titagarh Wagons share their views on the Railway Budget and how it is likely to impact business.
Feb 12, 2014 at 13:09 | Source: Moneycontrol.com
The minister announced 17 new premium trains and 38 express trains, but did not announce anything on freight rate or passenger fare. He said that extending rail connectivity to the North East states has been the focus area, adding that Meghalaya and Arunachal Pradesh are set to come on the railway map.
Feb 12, 2014 at 13:00 | Source: Moneycontrol.com
Railway minister Mallikarjun Kharge presented UPA-II's last Railway Budget. The minister proposed to introduce 17 new premium and 38 express trains but freight rates and passenger fares unchanged.
Feb 12, 2014 at 12:00 | Source: Moneycontrol.com
The market maintained its positive momentum in noon trade supported by oil & gas, banks and technology stocks.
Feb 12, 2014 at 08:45 | Source: CNBC-TV18
Facing a tough Lok Sabha election and a stressed out balance sheet, Railway Minister Mallikarjun Kharge is not expected to make any major announcements or tariff changes for freight or passenger segments.
Feb 10, 2014 at 12:36 | Source: CNBC-TV18
The progressing projects will take our capacity from 5.3 million tonne to close to 6.2 million tonne by end of this fiscal: JK Lakshmi
Jan 01, 2014 at 16:53 | Source: PTI
At present, there is a complete ban on any kind of foreign direct investment (FDI) in the railways sector except mass rapid transport systems. According to the proposal, foreign investment would also be allowed in "sub-urban corridor, high speed train systems and dedicated freight line projects implemented in PPP mode " the official said.
Dec 20, 2013 at 15:35 | Source: Moneycontrol.com
IL&FS Engineering and Construction Company in joint venture with GPT Infraprojects has received a letter of award from Dedicated Freight Corridor Corporation of India for the work of designs and construction of rail flyover near Ganjkhwaja in Utter Pradesh. The total value of the project is Rs 144.65 crore, which is to be completed in 30 months.