Feb 26, 2015 at 19:55 | Source: Moneycontrol.com
Sebi Joseph, Managing Director Otis India, shares with us his views on the Railway Budget
Feb 26, 2015 at 19:34 | Source: PTI
In its reaction, domestic ratings agency India Ratings said cement manufacturers will be hit the most by the hike in freight charges for ferrying cement (2.7 percent), coal (6.7 percent) and slag (2.7 percent).
Feb 26, 2015 at 16:13 | Source: PTI
He said the Budget is a watershed moment for Railways, marking a paradigm shift from discussing coaches & trains to comprehensive railway reform.
Feb 26, 2015 at 16:03 | Source: CNBC-TV18
Satish Chander - director general - Fertiliser Association of India says this will lead to higher subsidy. We are not being paid subsidy and out outstanding is more than Rs 40,000 crore, he told CNBC-TV18. He says the industry will suffer more.
Feb 26, 2015 at 15:32 | Source: PTI
Leader of Congress in Lok Sabha Mallikarjun Kharge and TMC's Dinesh Trivedi, both of whom are also former Railway Ministers, slammed the Budget for lacking in substance and merely "weaving dreams". "It's a nicely-worded Budget speech.
Feb 26, 2015 at 13:19 | Source: Moneycontrol.com
The minister added that east ticketing services with smart vending & e-ticketing will be made available for all. Taking Prime Ministers Swach Bharat campaign forward, Prabhu proposed to have toilets in 650 stations and repair 17000 toilets.
Feb 26, 2015 at 11:00 | Source: Moneycontrol.com
HDFC, Sesa Sterlite, Bharti Airtel, TCS and ICICI Bank are top gainers in the Sensex. Among the losers are BHEL, Bajaj Auto, Sun Pharma, Hindalco and Coal India.
Feb 26, 2015 at 09:52 | Source: Moneycontrol.com
While a fare hike is unlikely across the board, acess for cleanliness cannot be ruled out. Prabhu is likely to unravel his grand plans of how to decrease the cross-subsidy for passenger service from freight earnings.
Feb 26, 2015 at 09:15 | Source: Moneycontrol.com
All rail stocks are under pressure as Suresh Prabhu prepares to read out Railway Budget at 12 pm today.
Feb 25, 2015 at 16:40 | Source: Moneycontrol.com
Railway Minister Suresh Prabhu is likely to announce a slew of reformative measures for revival of the sector. Sources say that its focus will be on attracting investment, modernisation of trains through Wifi and transparency in railway systems.