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Tag Archives: Railways

Railway awards worth Rs. 40,000 Cr contracts to GE and Alstom

Indian Railways has awarded contracts to General Electric Co. (GE) and Alstom to set up diesel and electric locomotive factories in Bihar at a cost of about Rs.40,000 crore. The award of the contracts, will mark the first big foreign direct investment in the railway sector. The projects, which will be ...

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Train coaches to have wildlife images on them

The bland and barren coaches of passenger trains may soon have exciting images of tigers, cranes, trees and other wildlife painted on them. Indian Railway is actively considering a proposal of the World Wildlife Fund (WWF) to paint coaches and stations with the images of wildlife to spread awareness about conservation and ...

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Railways slashes iron ore freight rates to boost exports

News: The Induian Railways has slashed the cost of transporting iron ore for exports for the first time since March 2012 by levying a flat distance-based charge across all slabs in response to “significant changes in the market”. The new distance-based charge has been set at a uniform Rs 300 for all ...

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Government to invest Rs 8.5 lakh crore in railways

News: Sharpening focus on infrastructure development to boost growth, government will invest Rs 8.5 lakh crore in Indian Railways to change the face of sector. Minister of State for Finance, has appealed to the opposition parties to help pass the GST bill that will usher in a new indirect taxes regime ...

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Railways may soon start issuing results quarterly: Suresh Prabhu

News: Indian Railways, one of the country’s largest commercial enterprises, plans to start issuing quarterly account statements. Railway Minister Suresh Prabhu told that this is one of the changes that the state-run monopoly is planning and the move is aimed at improving transparency as the government looks at attracting billions ...

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KFC ties up with IRCTC to serve meals on train

News: E-catering service is a joint effort from KFC and IRCTC to provide fresh food to the passengers on trains A passenger can order KFC meals while booking tickets through IRCTC from July 20 onwards. The service is currently available on 12 trains passing through New Delhi and is set ...

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