Feb 14, 2016 at 12:16 | Source: PTI
Freight movement plays a major role in the regional economy, shaping cities, creating jobs and generating large revenue. However, capacity expansion, efficiency and safety augmentation are major issues that face the country's Rail sector.
Feb 11, 2016 at 11:15 | Source: Moneycontrol.com
IL&FS Transportation Networks Ltd has informed BSE that the Company along with its subsidiary has sold 49 percent equity stake in Rapid MetroRail Gurgaon Limited, a subsidiary of the Company at a price of Rs. 17 per share for an aggregate consideration of Rs. 509.90 crore.
Feb 08, 2016 at 20:11 | Source: PTI
"In a move to encourage rail transportation, the JNPT Board had granted a waiver of Rs 728 per container towards handling charges of exim containers moved by rail to and from the container freight service on dedicated rakes at JNPT," the Shipping Ministry statement said.
Feb 05, 2016 at 10:58 | Source: Reuters
Doubts about the accuracy of India's gross domestic product figures persist a year after its statisticians unveiled new readings they say better capture value addition down the goods and services supply chain.
Jan 28, 2016 at 09:51 | Source: PTI
The agency's projection indicates that delinquencies in tractor loans of recent vintages will stay close to the worst levels seen recently, it said. However, the improved industrial activity resulting in improved freight demand is expected to help mitigate the overcapacity built in the commercial vehicle (CV) sector.
Jan 27, 2016 at 14:57 | Source: PTI
The railways is contemplating procuring 200 electric locomotives of 9000 horse power (HP) capacity each for WDFC and as per the loan condition, these have to be bought from Japan.
Dec 11, 2015 at 12:07 | Source: Moneycontrol.com
"A four-company consortium of Texmaco Rail & Engineering, Hitachi Japan, Mitsui & Company and Hitachi India has won a contract for design and construction of signal & telecom works of STP5 project," says the Kolkata-based rail solution company in its fling to exchange.
Nov 18, 2015 at 10:46 | Source: PTI
The platform ticket price was revised from Rs 5 to Rs 10 in April this year as proposed in the rail budget with a view to control the rush on platforms.
Nov 05, 2015 at 13:04 | Source: CNBC-TV18
Topline may be supported by higher realisations in both rail and CFS (container freight stations) segments. Realisations may improve during the quarter as company has passed through hike in haulage charges though service-tax pass through is yet to happen.
Oct 30, 2015 at 15:08 | Source: PTI
From April 1, the FCI started offloading wheat under the open market sale scheme (OMSS) to liquidate surplus stocks. It fixed a reserve price of wheat at Rs 1,550 per quintal in Punjab, Haryana as well as Madhya Pradesh and with additional freight charges in other states.