The first big ‘Make in India’ projects, worth Rs 40,000 crore, are approved with the Ministry of Railways signing formal agreements with global giants Alstom and GE transport to set up locomotive manufacturing factories in Madhepura and Marhaura in Bihar. It has taken almost a decade for the final contracts to ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »Road & rail link between India and Sri Lanka could be a reality soon!
News: The government of India has asked Asian Development Bank to carry out pre-feasibility study for financing the project across Palk Strait between India and Sri Lanka. A road and rail link project between India’s Rameswaram and Sri Lanka’s Thalaimannar may be a combination of bridge and underwater tunnel which ...
Read More »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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