Feb 27, 2013 at 18:19 | Source: Moneycontrol.com
According to India Ratings, the proposed 5.79% increase in rail freight as per the Railway Budget 2013-2014 may negatively impact the margins of the cement industry.
Feb 26, 2013 at 22:46 | Source: CNBC-TV18
After the Railway Minister PK Bansal hiked rail freight fares in the Railway Budget 2013-14 today, S Narsing Rao, chairman and managing director, Coal India doesn't see the hike having any direct impact on the company.
Feb 26, 2013 at 19:33 | Source: PTI
Indian Railways today increased freight charges for transporting diesel, cooking gas and kerosene by 5.8 percent, but oil firms may not immediately pass on the hike to consumers.
Feb 26, 2013 at 18:58 | Source: PTI
Raising hopes of smooth and much faster online bookings of rail tickets, Railways Minister P K Bansal today said a new e-ticketing system will be deployed by December-end which will allow 7,200 bookings per minute against the present 2,000.
Feb 26, 2013 at 18:34 | Source: PTI
Cement may get costlier by Rs seven per bag of 50 kg because of the hike in freight rate by 5.79 per cent in Railway Budget today, but manufacturers of the building material said a final call will be taken after the Union Budget.
Feb 26, 2013 at 18:23 | Source: PTI
The Railway Budget was a mixed bag for India Inc with industry bodies cautioning that the hike in freight charges will fuel inflation, while other chambers said some proposals if implemented could set the growth multiplier in motion.
Feb 26, 2013 at 18:01 | Source: PTI
An over five per cent increase in freight tariff due to imposition of fuel adjustment component (FAC) from April and a hike in supplementary charges on super fast trains will fetch the Railways an additional revenue of Rs 4,683 crores in the next fiscal.
Feb 26, 2013 at 17:42 | Source: PTI
The suburban railway commuters' bodies today said they were disappointed by the budget as it has overlooked the hardships faced by about 75 lakh daily commuters even as the railway minister announced the much awaited introduction of AC local from the next fiscal.
Feb 26, 2013 at 17:30 | Source: PTI
In a major initiative to address concerns of the power sector, Railways is planning to invest about Rs 4,000 crore to enhance rail connectivity to coal mines to boost fuel supplies to projects.
Feb 26, 2013 at 14:46 | Source: Moneycontrol.com
Shares of companies supplying equipment to the Railways fell quite sharply on Tuesday as investors do not see any big orders coming their way from announcements in the Rail Budget.