State-owned RVNL on Wednesday said it has received an order worth around Rs 390 crore from the Indian Railways. The contract is for construction of the Sitarampur bypass line under the Asansol division, RVNL said in an exchange filing. RVNL has received a Letter of Acceptance from the Eastern Railway for the construction of the Sitarampur bypass line under the Asansol Division of Eastern Railway, it added. "The project cost is Rs 3,90,97,35,276.55 including GST, and the duration of the project is 24 months," the company said. RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.
A combined 7.9 million equity shares representing 5.9 per cent of total equity of the company have changed hands on the NSE and BSE till 02:49 PM.
Multiple trains have been cancelled on Mumbai-Pune route from May 28 to June 2, 2024, due to maintenance work which will last for a fortnight. Check the complete cancelled list here
From a long-term perspective, however, the focus, Mirae Asset said, would be on infrastructure development, farm laws, skill development, and creating employment
The stock prices of IRFC zoomed after the public sector undertaking reported strong net profits in the fourth quarter of financial year 2023-24 (Q4FY24)
Billboard collapse reflects a chronic failure of civic authorities
Fourteen people died in the Mumbai billboard accident on Monday when a massive illegal hoarding uprooted and fell on a petrol pump in the Ghatkopar area
Tripura is facing a fuel crisis as goods train services to the northeastern state have not yet been restored, an official of the Food and Civil Supplies department said on Saturday. The goods train service to the state stopped on April 26 after derailment of a goods train in Assam's Jatinga area but the passenger train service remains unaffected. "The fuel crisis remains as it was earlier. The petrol crisis is severe as goods trains are not coming to the state since April 26. We don't know when the track will be ready for resumption of goods train service fully," Director of Food and Civil Supplies department, Nirmal Adhikari said. The state government started rationing petrol and diesel for two-wheelers, cars and commercial vehicles from April 30. A notification issued by the state government said two-wheelers and three-wheelers would get petrol amounting to Rs 200 per day, while for four-wheelers it is Rs 500 per day. For buses and minibuses, it is 60 litres and 40 litres per day
77 of the first 100 GCTs announced have already been commissioned at a cost of Rs 5400 crore, says official
Vande Bharat sleeper trains are slated to be introduced within 100 days of the new government, says railway official
The central government has declared centralised traffic control of the north central railway, and train management system of Central and Western Railway, as "protected systems" under the Information Technology Act. In a notification issued by the Railway Board, the Train Collision Avoidance System (TCAS) -- KAVACH -- of South Central Railway too has been declared as "protected systems" under the IT Act. According to the IT Act, a protected system is a computer resource which, if incapacitated, or destructed, shall have a debilitating impact on national security, economy, public health, or safety. Any person who secures access or attempts to do so to a protected system in violation of the provisions of the IT Act is liable for up to 10 years imprisonment and also fine. As per the notification, any designated employee of Indian Railways, the authorised team members of contractual managed service provider, or third party vendor authorised by Railways for need-based access, or any ...
Poor yard mobility can cancel out benefits of multi-tracking, rlys sets up panel
Ministry claims there is a malicious ongoing social media campaign aimed at damaging the reputation of the Indian Railways
National transporter says it's running 43% extra trains this year
From Dehradun to Delhi, Haridwar to Mumbai, Ajinkya Kawale gets inside track on voter sentiment on board the Vande Bharat and Haridwar AC Express
Job scarcity, price hikes, and a first class bias - the voices echo down the Brahmaputra Mail's corridors. Dhruvaksh Saha buys a ticket to reality
Experts say the ministry should target unconventional sectors more aggressively
The growth was mainly fuelled by coal and iron ore, traditionally the mainstay of the railways' freight portfolio
The Eastern Railway has earned its best-ever freight revenue of Rs 7,774.62 crore in the financial year 2023-24, an increase of 19.47 per cent over the previous fiscal, an official said here on Monday. The Kolkata-headquartered zonal railway recorded a growth of 8.91 per cent in passenger revenue, earning Rs 3,573.31 crore in 2023-24, he said. It achieved a freight loading of 86.87 metric tonnes in 2023-24, which is nine per cent more than the previous fiscal. Eastern Railway received Rs 7,774.62 from freight revenue in 2023-24, recording a 19.47 per cent increase over the previous fiscal 2022-23, the official said. It also achieved a best-ever scrap sale revenue of Rs 479.98 crore in the just concluded financial year, he said, adding that this demonstrates effective resource management and revenue optimisation strategies by the zonal railway.
The ministry will rely extensively on EDFC between Punjab and Bihar