Page 25 - Indian Railway

Response to Railways' 'Give it Up' scheme 'not encouraging': CAG report

The initiative, started in 2017, encouraged senior citizens to give up their train fare concessions as part of the Railways' bid to increase revenues

How to transform Indian Railways

Indian Railways should immediately corporatise its production units and construction wing, segregate its passenger and freight businesses, and restructure the Railway Board

Railways saw least number of accidents in last two and half years: Goyal

"The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years", the minister said

ICF to manufacture 740 coaches for Train 18 by 2021-22: Piyush Goyal

Two rakes already put into service; At present, the train runs on the New Delhi-Varanasi and New Delhi-Sri Mata Vaishno Devi Katra sectors

The IRCTC offer for sale opens today. Should you subscribe?

The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20

Rs 3-trillion metro rail projects proposed for the next five years

The projects also include the 90-km RRTS line between Meerut and Delhi

Rlys replaces 1 litre Rail Neer bottles with 500 ml ones in Shatabdi trains

Passengers can get extra bottles, but they would have to pay for it

Railway Board clears Bengaluru suburban rail: State minister Suresh Angadi

Thanking Angadi, Bengluru South MP Tejasvi Surya tweeted, "Karnataka is lucky to have him (Angadi) handling the railway ministry."

Railways hails cab aggregators for parking slots; Uber, Ola not interested

Ride so far too costly, say the latter; attempt now to sweeten parking spot deal for the cab aggregators

Slowdown takes a Rs 4,000 crore toll on Indian Railways' earnings

The RTI revealed railways earned a revenue of Rs 13,398.92 crore from passenger fares in April-June quarter which dipped to Rs 13,243.81 crore in the July-September quarter

TRAI recommends 5Mhz spectrum to Railways for safety and security services

TRAI suggested that spectrum charges be levied on formula basis as prescribed by Telecom Department for Royalty Charges and Licence Fee for captive use

Railways running 2,500 additional services to cater to festival rush

Also, augmentation of coaches in regular trains is being done to ensure berth availability during festive rush, railways said

Railways to implement Rs 18,000-crore project to run trains at 160 kmph

Once the project begins, it will take at least four years to complete, he said after inaugurating the International Rail Conference-2019 and the 13th International Railway Equipment Exhibition

This Railway division wants to instill patriotism among passengers

The monumental tri-colour flags have already been installed at Bhubaneswar and Visakhapatnam railway stations

Railways launch 9 new trains connecting small towns to major cities

Goyal said the nine "Sewa Service" trains were launched without any additional investment by the railways and it was an example of how to use existing resources to the maximum

Govt gears up to privatise 150 trains, 50 stations; to form task force

The Tejas Express on Lucknow-Delhi route is the railways' first experience of running a train by non-railway operator, its own subsidiary, IRCTC

High speed, auto doors: 10 things that make Vande Bharat India's top train

The Vande Bharat Express, also known as Train 18, boasts a host of features, including plastic-bottle crusher machines, a spacious pantry with a deep freezer, revolving seats and cattle guard

IRCTC's IPO subscribed about 81% on the opening day of bidding

The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed about 81 per cent on the opening day of bidding on Monday. IRCTC's public offer to raise about Rs 645 crore received bids for 1.63 crore shares as against the total issue size of two crore shares, according to exchanges' data. The non-institutional investors category was subscribed 21 per cent and that of retail individual investors 2.23 times. Price range for the initial public offering (IPO) has been fixed at Rs 315-320 per share. The issue comprises an offer-for-sale of 2.01 crore shares of face value of Rs 10 each. Out of the total issue size, 1,60,000 equity shares are reserved for eligible employees. Bidding for the offer of the railways' tourism and catering arm will close on Thursday. Equity markets will be closed on Wednesday on account of 'Mahatma Gandhi Jayanti'. YES Securities (India), SBI Capital Markets and IDBI Capital Markets & Securities are the managers to the

Indian Railways plans separate pricing mechanism for steel rails

Indian Railways had in 2018-19 procured 100,000 tonnes of rails from Jindal Steel & Power (JSPL), the first from the private sector in at least three decades

IRCTC IPO: A robust growth outlook, attractive valuations are key positives

IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent