indian railways


Railways in talks with youth who protested for jobs: Fadnavis

Mar 20 2018

Fadnavis informed the Legislative Assembly that the railway administration has initiated talks with students who protested in Mumbai today demanding permanent jobs.

'Mumbai rail protest called off, urge students to apply for jobs'

Mar 20 2018

Goyal said the agitation by students seeking permanent jobs in railways was called off at 10.35 AM and appealed them to apply for the recruitment drive.

MoS Railways Manoj Sinha inspects work in Varanasi division

Mar 17 2018

Minister of State for Railways Manoj Sinha took stock of the ongoing railway projects in Varanasi Division of Northern Railways with a team of officials.

Railways could run 100-plus trains by cutting layover time: Goyal

Mar 17 2018

Goyal said that an analysis done by his department has found that 100-plus new trains could be run on shorter routes by cutting layover time.

ADB to lend $120 mn for improving Indian rail infrastructure

Mar 16 2018

ADB signed $120 million loan agreement with India to improve efficiency of Indian railways by double-tracking and electrification of tracks along high-density corridors.

Central Railway earns record Rs 143.21 cr from ticketless passengers

Mar 16 2018

The Central Rly has registered a record earnings of Rs 143.21 cr between Apr 2017 and Feb this year from an intense campaign against ticketless and irregular travellers.

Railways installed over 1 lakh bio-toilets in trains: Govt

Mar 16 2018

The railways has installed more than one lakh bio-toilets in trains during 2015-2018, surpassing the target of 87,000 set by it, the government informed Parliament.

Rlys earned over Rs 200 cr from Swachh Bharat cess in 3 yrs: Govt

Mar 16 2018

MoS for Railways Rajen Gohain said the amount collected as Swachh Bharat cess, at a rate of 0.5 per cent on service tax, in 2015-2016 to 2016-2017 was Rs 229.51 crore.

Rlys to use mathematical formula to maximise loco usage

Mar 16 2018

A mathematical formula will be used to optimise the productivity of passenger trains by determining the number of locomotives required for each train, it said.

Aviation min eyes 5-fold rise in passenger trips to 1 bn in 15-20 yrs

Mar 14 2018

Jayant Sinha said the aviation ministry is targeting a 5-fold increase in passenger trips to one bn per annum in 15-20 years in view of the huge growth opportunities.

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Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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