In a backdrop of Nepal’s improved strategic inclination towards China, Delhi has offered cross border rail connectivity and commits soft loans of $340 million to Kathmandu for more than 15 road projects
Electrification and automation company Siemens Ltd and Siemens Rail Automation, Spain, have jointly won an order worth Rs 287 crore to supply signalling technology for first two metro lines of Nagpur Metro.
Indian Railways to roll out ‘Make in India’ 160 kmph self-propelled ‘world-class’ train sets at half the cost of import!
Indian Railways is all set to roll out a ‘first of its kind’ semi-high speed self-propelled train set! Yes, the Integral Coach Factory (ICF) will ‘Make in India’ the EMUs (Electric Multiple Units) that can travel at speeds of up to 160 kmph.
The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets.
Industry Leaders come together for digital push
Reliance Jio Infocomm Ltd (‘Jio’), the world’s fastest growing digital services company and Uber, the country’s preferred ridesharing app, have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users.
Government think-tank Niti Aayog wants the Railways to prepare a plan similar to Pradhan Mantri Gramin Sadak Yojana (PMGSY) and National Highways Development Programme (NHDP) to link districts which are not on rail map.
Within three weeks of Budget announcement, the Finance Ministry today started the process of listing three rail PSUs — IRCTC, IRFC and IRCON.
The government has kickstarted the process of listing three rail PSUs IRCTC, Ircon and IRFC by seeking initial bids from merchant bankers for their respective IPOs
Indian Railways’ modernisation plan has taken shape and there are some spectacular overhauls on the cards at the New Delhi Railway Station as South Korean Railways has proposed to redevelop the station into a world class junction
Savings due to Direct Benefit Transfer (DBT) over the last three years have touched Rs 50,000 cr as on December 31, 2016,