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SECTOR | 23 Jul 2024

Budget 2024-25: Indian Railways boosts safety with 1.08 lakh crore allocation for FY25, focus on Kavach 4.0 rollout

Business Line

Over 40 per cent of the Budgetary allotment of 2,55,393 crore for FY25 will be used towards enhancing the safety of Railways, including installation of Kavach

Railways capex up marginally to Rs 2.65 trn; no mention in Budget speech

Business Standard | 23 Jul 2024 6 more

Transportation

SECTOR | 23 Jul 2024

Connectivity boost: Mizoram's Bhairabi-Sairang rly project nears completion

Business Standard

Sabyasachi De, Chief Public Relations Officer (CPRO) of Northeast Frontier Railway, said that this project, once completed, will be a game-changer in terms of communication and commerce.

Transportation

SECTOR | 22 Jul 2024

Railway Recruitment 2024: RRB JE releases notification for 7,911 posts

Business Standard

RRB JE has released notification for the recruitment of 7911 positions. Candidates who hold engineering degrees or diplomas are eligible to apply for these posts

Mumbai: Central Railway Hit By Signal Snag, Local Train Services Affected Near Kalyan

NDTV Profit | 22 Jul 2024 4 more

Transportation

SECTOR | 22 Jul 2024

DPRs for three more Dedicated Freight Corridors submitted: RK Jain, MD, DFCCIL

Business Line

Transportation

SECTOR | 20 Jul 2024

Gonda train accident: Joint probe blames improper track fastening

Business Standard

A five-member team of senior railway officials investigating the derailment of Chandigarh-Dibrugarh Express has blamed improper fastening of the rail track for the accident, sources said. One member of the panel disagreed with the opinion. "The fastening of rail track was not proper due to which fastening was working ineffectively," the report, written in Hindi, said. All the same, the Chief Public Relations Officer of the North Eastern Railway Zone, under which the accident site comes, told PTI that arriving at any conclusion based on the joint probe report was incorrect. "The investigation by the Commissioner of Railway Safety (CRS) has already started and the first hearing took place on Friday. It will go into the details of every aspect of the accident with technical specifications and minute details. Many crucial things don't come in the joint probe so it is very premature," the CPRO said. Four people were killed and several injured on Thursday in the derailment of...

Transportation

SECTOR | 19 Jul 2024

Govt cancels two Kolkata to Bangladesh trains amid violent protests

Business Standard

The Indian Railways cancelled the Kolkata-Dhaka Maitree Express on Saturday and Bandhan Express between Kolkata and Khulna on Sunday, an official said. The cancellations come amid violent protests in Bangladesh over demands for an end to a quota system in jobs in the country, affecting normal life in several places. Citing "unavoidable circumstances", an Eastern Railway official said that the 13108 Kolkata-Dhaka Maitree Express will remain cancelled on Saturday. The services of 13129/13120 Kolkata-Khulna Bandhan Express will remain cancelled on Sunday "due to uncertainty in availability of rake", he said.

Gonda train accident: Death toll rises to 4, number of injured at 32

Business Standard | 19 Jul 2024

Transportation

SECTOR | 19 Jul 2024

Western corridor likely to be completed by 2025, says DFCC MD RK Jain

Business Standard

Awaiting Railway Board nod for future corridors, says MD

RVNL signs MoU with Israel-based United Construction; stock 12% off lows

Business Standard | 19 Jul 2024 1 more

Transportation

SECTOR | 18 Jul 2024

NHAI to charge double toll from vehicles with non-affixed FASTag on front

Business Standard

NHAI said deliberate non-affixation of FASTag on the windscreen leads to unnecessary delays at the toll plazas causing inconvenience to fellow National Highway users

NHAI To Implement Double Toll Charges For Vehicles Without FASTag On Front Windshield

NDTV Profit | 18 Jul 2024

Transportation

SECTOR | 18 Jul 2024

Ircon International Announces Leadership Change Amid IRSDC Closure Decision

NDTV Profit

The closure of IRSDC reflects the Ministry of Railway's intent to consolidate and optimise railway station development efforts.

Transportation

SECTOR | 18 Jul 2024

Rail stocks zoom up to 101% since interim Budget. Is there still time to board the money-making train?

Economic Times

Rail stocks soared post interim Budget with Nirmala Sitharaman's increased allocations. RVNL doubled investments, raising market cap by Rs 1.6 lakh crore. Investors eye multibaggers. Analysts foresee gains from capex plans, high-speed rail, and safety upgrades.