Ministry of Railways signed a Memorandum of Understanding (MoU) with Mumbai Railway Vikas Corporation Ltd (MRVC), a Joint venture of Ministry of Railways and the Government of Maharashtra, under the administrative control of the Ministry of Railways.
Ministry of Railways has decided to introduce New Weekly Humsafar Express train between Indore and Puri for the benefit of passengers. This train will be flagged off by Smt Sumitra Mahajan-Hon’ble Speaker of Lok Sabha in a function to be held at Indore station on 12th May 2018.
Ministry of Railways approved introduction of new weekly Humsafar Express between Bhagat Ki Kothi (Jodhpur Division/North Western Railway) and Tambaram (Chennai Division/Southern Railway) stations.
Tamil Nadu is yet to agree to the terms and conditions proposed by the Ministry of Railways to set up a joint venture company to speed up railway projects in the state. The ministry has been urging the government to sign the agreement for close to a year.
Container Corporation of India Ltd (CONCOR) has delivered a healthy performance for the March quarter. Reported numbers show flat revenues and a notable fall in profits. But the figures include the benefits of a government scheme, the revenues from which are lumpy.
In a bid to reduce expenditure on procurement, the Ministry of Railways has issued a new set of guidelines for electronic auction/reverse auction for works, services and earnings tenders.
Days before the National Rail and Transport University (NRTU) is set to commence classes for its first batch from August 1 this year, the Ministry of Railways is already vying to put the country’s first rail university on the list of elite institutions, in line with Prime Minister Narendra Modi’s plan to develop it as an ‘institution of eminence.’
The finance ministry has extended sovereign guarantee of Rs5,000 crore to Indian Railways Finance Corp.’s (IRFC) bonds to be sold to Life Insurance Corp. of India (LIC).
The government today said that a committee set up to review the flexi-fare scheme in premium trains has submitted its report and it is being examined. In a written reply in the Lok Sabha, Minister of State for Railways Rajen Gohain said the terms of reference of the committee was to examine all options keeping […]
An Indian airline has reported that only 34% of its flights were on time in February from one crowded airport. That means two out of every three flights were delayed.