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Indian Railways

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Can Texmaco Rail stay on track despite wobbly economy, high working capital?

Infrastructure

18 November, 2020

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 ......

State-run Rail Vikas Nigam's IPO chugs along on first day

Infrastructure

29 March, 2019

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 ......

State-run Rail Vikas Nigam eyeing $574 mn valuation in IPO, ups issue size

Infrastructure

26 March, 2019

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 ......

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Govt appoints merchant bankers for IPOs of three rail PSUs

TMT

02 May, 2017

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 ......

Railways to appoint senior officials as key customer managers

Manufacturing

13 May, 2016

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 ......

Railways to charge uniform freight charges for domestic iron ore consumption and exports

Manufacturing

10 May, 2016

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 ......

Cabinet approves proposal for efficient usage of coal linkages

Manufacturing

05 May, 2016

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 ......

India sets up apex committee to help its steel sector

Manufacturing

07 April, 2016

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 ......

High on intent, implementation a challenge

General

25 February, 2016

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, ......

Jat agitation gives a scare to the railway budget

Infrastructure

24 February, 2016

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 ......