Page 27 - Indian Railways

IRCTC eWallet: How to use eWallet for online train booking?

Leverage IRCTC eWallet to book train tickets online. It has several benefits, like you can check transaction history and wallet history, and use transaction password features as well

TRSL Q3 result: PAT rises 91.3% to Rs 75 cr, revenue reaches Rs 954 cr

Titagarh Rail Systems Ltd (TRSL) on Monday said its profit after tax in December quarter rose 91.3 per cent to Rs 75.03 crore. The company had posted a PAT of Rs 39.22 crore in the year-ago period, TRSL said in a filing to BSE. Net revenues during the third quarter increased to Rs 954.68 crore from Rs 766.4 crore in the year-ago period. "The company's robust performance in Q3 FY24 is a reflection of our sustained operational momentum. On a year-over-year basis, the freight rolling stocks/passenger rolling stocks recorded substantial growth. "The government's unwavering emphasis on the building of world-class rail infrastructure in India makes us enthusiastic about higher and sustained growth in the upcoming quarters," TRSL Vice Chairman and Managing Director Umesh Chowdhary said. TRSL offers mobility solutions with its presence in both the passenger and freight rail systems including railway wagons, components, passenger coaches and metro coaches.

A Budget for extracting outcomes from outlays given to Indian Railways

The year 2023 was a golden era for Railways' passenger business. Intercity passenger journeys at the end of Q3FY24 touched 2.2 billion, a 16 per cent growth over the previous year

Interim Budget: Railways get 3 new corridors; 40,000 bogies to be upgraded

Proposals will lead to safety and higher travel speed for passengers, says Finance Minister

IRCTC, L&T, RVNL: How to trade rail, infra stocks ahead of Budget?

Barring IRFC, RVNL which have rallied sharply in the recent pasts, other rail-related stocks like IRCTC, Titagarh Rail Systems and RailTel could rally up to 23 per cent, suggest charts.

Wabtec wins $157 mn order for train braking system from Siemens India

Siemens is manufacturing locomotives for Railways at the national transporter's factory in Dahod

Northern Railways helps Maruti export Jimny cars to African countries

Maruti Suzuki India has collaborated with Delhi Rail Division of Northern Railway to transport its Jimny cars to western ports through freight trains, which will be further transhipped in vessels to African nations, an official statement said. According to the statement, Sukhvinder Singh, Divisional Railway Manager, flagged off the first freight train with 98 cars on Tuesday from Farukhnagar station in Gurugram to Pipavav Port (West Coast) in the presence of the senior officials of Maruti as well as Delhi Rail Division. "Delhi Division, Northern Railway has become the preferred partner of Automotive Industries and in a major boost to increase export of automobile, M/s Maruti Suzuki India Limited is now transporting Maruti Cars of Jimny model to Western ports, which are further being transhipped in vessels to African nations. "The first rake was loaded on January 23, 2024, from Farukhnagar station to Pipava Port. The rake composition consists of 25 NMG (New Modified Goods) type ...

Two bogies of Kannur-Alappuzha Executive Express derail, train delayed

Two bogies of the Kannur-Alappuzha Executive Express derailed near Kannur railway station during the shunting process on Saturday morning, causing a one-hour delay in the train's departure, railway sources said here. The incident took place at 4.40 am as the train was being brought to the platform, with no passengers on board. The derailment occurred in the rearmost two bogies, damaging the signal box in the process. Fortunately, since the incident happened on a track parallel to the main track, other train services were unaffected, they said. The train journey proceeded after the derailed bogies were separated. Railway officials are currently conducting an inquiry to determine the cause of the derailment.

These 2 rail-related stocks have zoomed over 75% thus far in Jan

IRFC with market capitalisation of Rs 2.3 trillion today surpassed other state-owned companies like Power Grid Corporation (Rs 2.23 trillion), IOCL (Rs 2.11 trillion) and HAL (Rs 2.01 trillion).

Train services affected as protestors block railway tracks in Jalpaiguri

Train services were affected as members of the All Kamtapur Students' Union (AKSU) blocked the railway tracks in West Bengal's Jalpaiguri district on Friday morning to press for their demand for a separate state. The blockade at the Betgara station in the New Jalpaiguri-New Bongaigaon section of the Northeast Frontier Railway began at 7 am, officials said. The blockade has disrupted train services on the all-important route. Among the trains affected were the New Jalpaiguri-Guwahati Vande Bharat Express, they said. Officers of the RPF and the state police were talking to the protestors, and trying to persuade them to remove the blockade, they added. The protesters said the blockade would continue till 7 pm, but railway officials said they were hopeful of an earlier resumption of services. The protesters raised slogans against both the TMC and BJP for not fulfilling their demand. The AKSU is the students' wing of the Kamtapur People's Party United, which is agitating for a separat

Should railways revise approach towards general, sleeper class travellers?

According to estimated figures based on the FY24 Budget, passenger travel in the general and second classes, which account for a bulk of mass transit, is lower than it was in 2008-09

Revamped stations will reflect, promote cultural heritage of city: Vaishnaw

Railway stations are an integral part of culture and people's day-to-day life and these should reflect, protect and promote an area's cultural heritage, Railway Minister Ashwini Vaishnaw said, citing redevelopment projects in Ayodhya and Puri. While the architecture of the facade of the redeveloped station in Ayodhya in Uttar Pradesh embraces tradition in a line with the upcoming Ram temple there, the redeveloped Puri station will reflect the traditional architectural features of the famed Jagannath Temple. "The more you gel a railway station with a city the better it is. Development should be such that cultural heritage should get a place in it. It should be protected and reflected significantly," the minister told PTI in Bhubaneswar on Sunday. He was in the city to review its station's redevelopment. In 2021, the Railway Ministry had launched the Amrit Station Scheme. Under it, 1,309 railway junctions are being redeveloped with a special focus on safety and amenities for ...

This railways related stock surpasses Tata Steel, Jio Fin, VBL in m-cap

With market cap of Rs 1.74 trillion, IRFC now stands at 41st position in overall market cap ranking on Monday, the BSE data shows.

As dense fog takes over North India, 18 Delhi-bound trains running late

As many as 18 Delhi-bound trains were reported running behind schedule due to fog, railway officials said on Monday. Flight services were also disrupted in the national capital with visibility dipping

World Economic Forum: Davos-bound squad aims to turn spotlight on India

Top honchos from India Inc, finance, govt heading to the World Economic Forum

Every passenger gets 55% concession on train journeys, says Vaishnaw

Every passenger gets 55 per cent concession on train journeys, Railway Minister Ashwini Vaishnaw said regarding demands to restore pre-Covid fare concessions for senior citizens and media persons. Without giving any direct reply to questions by media persons on the restoration of concessions, Vaishnaw said, "The Indian Railway is already offering 55 per cent concession on train fares to every train passenger. Vaishnaw was in Ahmedabad to review the progress of the ongoing bullet train project among other things. Before the COVID-19 lockdown imposed in March 2020, the Railways offered 50 per cent concession on train fares to senior citizens and government-accredited journalists. Railway operations were completely shut down during the lockdown but when its full-fledged resumption in June 2022, the Railway Ministry didn't restore these concessions and since then the issue has been raised on various platforms, including in both houses of parliament. Vaishnaw maintained a similar stand

This PSU stock has zoomed 240% in 6 months; market cap nears Rs 1.5 trn

As many as a combined 92.89 million equity shares of IRFC changed in the first hour of trades on the NSE and BSE.

Electrification of railways on the slow track, 41% of FY24 target met

Centre had planned 100% electrification by 2023, nearly there at 94%

93.83% of total 65,556 km broad gauge route electrified: Railways

Out of the total 65,556 km of the broad gauge route, 61,508 km or 93.83 per cent has been electrified, the Ministry of Railway said on Monday. During the calendar year 2023, the Indian Railways has achieved 6,577 route km electrification, it said in a statement. With a vision of providing an eco-friendly, faster and energy-efficient mode of transport, the railways is marching ahead towards 100 per cent electrification of broad gauge tracks, the statement said. "Until 2014, 21,801 km of the broad gauge network was electrified," it said. Highlighting the benefits of electrification of tracks, the ministry said it reduces operative cost and makes the railway an environment-friendly mode of transport. Electrification also improves movement of heavier freight and longer passenger trains because of better working capacity of electric locomotives, it added. The ministry is of the view that electrification reduces "dependence on imported crude oil, thereby saving precious foreign currenc

Indian Railways logs 6,577 route kms electrification in calendar year 2023

The electrification push by the government comes as the Indian Railways has set a target to become the world's largest green railway by 2030