Indian Railways
Infrastructure
Can Texmaco Rail stay on track despite wobbly economy, high working capital?
On March 22, two days before India went into a strict lockdown to control the coronavirus pandemic, Indian Railways halted ......
Infrastructure
State-run Rail Vikas Nigam's IPO chugs along on first day
The initial public offering of state-run Rail Vikas Nigam Ltd covered barely a tenth of the total distance on the ......
Infrastructure
State-run Rail Vikas Nigam eyeing $574 mn valuation in IPO, ups issue size
State-run Rail Vikas Nigam Ltd, a company created in 2003 for rail project development and mobilising financial resources, is seeking ......
TMT
Govt appoints merchant bankers for IPOs of three rail PSUs
The government has set the ball rolling for the listing of three subsidiaries of the Indian Railways by hiring merchant ......
Manufacturing
Railways to appoint senior officials as key customer managers
As part of the exercise undertaken by the Indian Railways to improve freight revenue, key customer managers will shortly be ......
Manufacturing
Railways to charge uniform freight charges for domestic iron ore consumption and exports
In an attempt to boost iron ore exports, the Indian Railways has decided to withdraw the dual freight policy for ......
Manufacturing
Cabinet approves proposal for efficient usage of coal linkages
To ensure better coal utilisation by India’s power sector, the Union cabinet on Wednesday approved a plan to supply the ......
Manufacturing
India sets up apex committee to help its steel sector
As part of its strategy to revive the domestic steel industry, the National Democratic Alliance government has constituted a high-level ......
General
High on intent, implementation a challenge
The focus of the railway budget 2016 was on medium-term measures to improve passenger services, optimise revenue using new sources, ......
Infrastructure
Jat agitation gives a scare to the railway budget
The ongoing protest by the Jat community in Haryana gave a scare to the Indian Railways in more ways than ......