Page 15 - Indian Railways

Farmers' nationwide 'rail roko' program today, unions appeals for peace

The Samyukta Kisan Morcha (SKM) has called for a peaceful protest, expecting to get support for the program from across the country

Threat to BSNL, tepid listing gains: Analysts' take on RailTel IPO

Listen to this podcast to know what Ambareesh Baliga, an independent market analyst; and Likhita Chepa, senior research analyst at CapitalVia Global Research have to say about the issue

Indian Railways may choose BOT model for dedicated freight corridors: Rpt

The BOT model will be first implemented on a small stretch of Eastern Dedicated Freight Corridor (EDFC) between Sonnagar in Bihar and West Bengal's Dankuni

We've had no NPAs, plan to keep it that way: Amitabh Banerjee, CMD, IRFC

In a Q&A, Banerjee says the company is unlikely to change its model of leasing to Indian Railways, but is open to financing private projects that have forward or backward linkages with railways

Indian Railways rolls out its first AC 3-tier economy class coach

These coaches, officials said, will be "economical" and in between the current AC three-tier and non-AC sleeper class

Over 17,000 FIRs lodged in 2020 for incidents of crime on trains

Railway Minister Piyush Goyal informed Parliament on Wednesday.

Railways focussing on international connectivity through N-E region: NFR GM

Indian Railways is focussing on international connectivity through the North East, particularly with Bangladesh, Nepal and Myanmar, Northeast Frontier Railway general manager Anshul Gupta said

BJD criticises centre for lower allocation of Rail funds, BJP trashes claim

BJP leaders asserted that Narendra Modi has all along given priority to the state and provided sufficient money

Railways, Department of Posts, AAI not to be privatised under PSE policy

Public sector enterprises in the nature of development and regulatory authorities, autonomous organisations, trusts, development financing institutions would also be out of the policy

All supercritical railway projects to be completed by March 2022: Goyal

Fund allocation and targets planned for next 4 years, says minister

Covid-19: 512 train passengers in Mumbai fined for not wearing masks

As many as 328 new Covid-19 cases were reported in Mumbai

Indian Railway Finance Corp's IPO will not dent govt support: S&P Global

S & P Global Ratings has said that Indian Railway Finance Corporation's (IRFC's) initial public offering does not alter its view of government support to the company.The government, which has been the sole owner of IRFC since its inception in 1986, holds about 86 per cent shares after the listing. In the IPO exercise, the government sold 5 per cent stake and additional 10 per cent shares were issued to the market."The divestment does not affect our assessment of IRFC's critical link and integral role to the government. The IPO plans were announced as far back as 2017 and we had factored the potential share sale in our ratings on the company since then."S & P said it continues to see an almost certain likelihood of extraordinary government support for IRFC in the event of financial distress. There is no change to the company's business model and it remains the sole financing arm of the Ministry of Railways.IRFC will remain integrally linked to the government. The government ...

Railway Board lauds Rs 1.10 trn Budget allocation, calls it 'path-breaking'

Finance Minister Nirmala Sitharaman had announced that the central government is allocating Rs 1,10,055 crores for Railways

Covid-19: Western Railways gears up to resume Mumbai local train services

As the Maharashtra government has decided to resume train services for all passengers, the Western Railways is gearing up to start local services in Mumbai from February 1 amid the COVID-19 pandemic.Speaking to ANI, Western Railway's Chief Public Relations Officer Sumit Thakur said: "We have formed teams and sanitisation of cabins and seating areas is being done. We will be increasing entry and exit points, ticket booking counters with time. Our staff including Railway Police Force officials will be available to regulate the crowd."He appealed to all the Mumbai local train passengers to adhere to COVID-19 norms and protocols in order to combat the virus and ensure smooth operations of trains.The operations of Mumbai local train services were shut for normal passengers for almost ten months since the beginning of the lockdown.

Indian Railways must diversify its freight portfolio, says report

Another key proposal is to allow private players to run trains on the dedicated fre­ight corridors

Railways should diversify freight portfolio: Ficci-Crisil White paper

Another key proposal is to allow private players to run trains on the dedicated freight corridors

Indian Railways drops extra charges for large goods moving through DFCs

This is a significant shift because the restrictive goods consignment dimensions are cited as one of the reasons for the falling utility of rail freight

Indian Railways starts a new train between Mau and Delhi

Indian Railways on Sunday started a special train from Delhi to Mau on a proposal from former IAS officer Arvind Kumar Sharma

Indian Railways expecting improved operating ratio despite Covid-19 impact

Rail ministry official says huge cut in expenditure offset falling passenger revenues; freight revenue seen driving improvement

IRCTC to resume e-catering services from next month in relief to passengers

IRCTC is the Indian railways' catering arm