Page 20 - Railways

RITES Q3 results: Profit drops 13% to Rs 129 cr, income at Rs 699 cr

RITES Ltd on Thursday reported 12.5 per cent drop in consolidated profit at Rs 128.78 crore for the quarter ended December 31, 2023. The company had posted a profit of Rs 147.18 crore for the year-ago period, RITES said in a filing to BSE. Income dropped to Rs 699.85 crore from Rs 703.38 crore in the year-ago period, the filing said. The sequential progress is in line with the direction that we had strategised in the beginning of the FY, in having received an export order after a long gap, sustained growth in our project consultancy revenue and steady growth in our EBITDA," RITES Ltd Chairman and Managing Director Rahul Mithal said. RITES Ltd, an enterprise under Ministry of Railways, is a multidisciplinary engineering and consultancy organization, providing a comprehensive range of services from concept to commissioning in all facets of transport infrastructure and related technologies.

Stocks to watch on Budget day: Paytm, Godrej Consumer, Infra, rail, PSUs

Stocks to watch on February 1, 2024: Paytm expects an impact of Rs 300-500 crore to its annual EBITDA from the RBI's action on Paytm Payments Bank

Exam paper leak: RRB ex-chairman, nine others get five years imprisonment

A CBI special court in Hyderabad has sentenced the then-Railway Recruitment Board - Mumbai chairman Satendra Mohan Sharma and nine others to five years' rigorous imprisonment in connection with the leak of exam papers for the recruitment of 1,936 assistant station masters and assistant loco pilots in 2010, officials said on Tuesday. Among those sentenced in the case by the Principal Special Judge for CBI Cases - Hyderabad is former Assan-Mangalore Rail Development Corporation CEO AK Jagannadham. The court has also slapped a fine of Rs 1.75 lakh on Sharma and Rs 1.31 lakh on Jagannadham, the officials said. The total fines slapped on all 10 accused amounts Rs 7.87 lakh. The agency on June 15, 2010, booked the accused in the leak of examination papers for the recruitment of 1,936 assistant loco pilots and assistant station masters that was scheduled to be conducted by the Railway Recruitment Board on June 6 of that year. It was alleged that Sharma and Jagannadham had entered into a .

Indian companies look to cash in on bulging infrastructure order book

The growth of the big companies is trickling down to smaller companies and suppliers too

Employment process for 150,000 employees complete, says Ashwini Vaishnaw

Vaishnaw highlighted the annual employment procedure and the objective behind it

PM Gati Shakti: 3 infra projects worth Rs 9,600 cr recommended for approval

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative, an official statement said on Thursday. These projects were assessed in the 64th Network Planning Group (NPG) meeting on October 17. "During the meeting, the NPG discussed three proposed greenfield projects of Ministry of Railways (1) and Ministry of Road Transport and Highways (2), with an aggregate project cost worth about Rs 9,600 crore," the commerce and industry ministry said. The meeting was chaired by Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade (DPIIT), Sumita Dawra. The inter-ministerial NPG meets every fortnight and appraises infra projects to ensure multi-modality, synchronisation of efforts, and comprehensive development in and around the project location. The initiative was launched to develop an integrated infrastructure to reduce logistics costs. All logistics and connectivity ...

Fog in north, northeast India causing train delays, flight cancellations

Dense fog affected visibility in parts of north and northeast India on Thursday, heavily impacting road, rail and air traffic in the region with the India Meteorological Department (IMD) predicting similar conditions for the next five days. According to officials, 18 Delhi-bound trains were delayed by up to six hours due to foggy weather. Ranchi's Birsa Munda Airport saw 14 flight cancellations due to dense fog while four flights were diverted at Delhi's IGI Airport, they said. While satellite imagery showed some reduction in fog over Bihar and eastern Uttar Pradesh, 'dense' to 'very dense' fog prevailed in parts of Punjab, Haryana, west Rajasthan, Bihar, Delhi, west Uttar Pradesh, Jharkhand, Odisha and Assam, the IMD said. It also said there was rainfall at a few places in Arunachal Pradesh and parts of West Bengal and isolated places in the northeast, Bihar, Jharkhand, Chhattisgarh, Odisha, Tamil Nadu and Puducherry earlier in the day. In Tamil Nadu, temperatures plummeted in the

RPF's women staff assisted in 206 childbirths during train journey in 2023

The Railway Protection Force's women personnel went out of their way to help pregnant women in labour during their train journeys and assisted in 206 childbirths, the Railways said on Monday. According to the national transporter, the RPF, which has the largest share of women personnel in its ranks among the central forces, runs Operation Matrishakti, which provides help to pregnant women in childbirth. Releasing the achievements of RPF and its various operations and campaigns during 2023, the railways said under operation "Rail Suraksha" to safeguard rail property, the force registered 6,312 cases of theft in which recovery of stolen railway property worth Rs 12.48 crore was made with the arrest of 12,099 offenders. Acting against touts under Operation "Upalabdh", 5,544 touts were arrested and 5,207 cases were registered against them. This includes cases of more than 990 authorized agents of IRCTC who used illegal means in cornering reserved tickets, it said. In another initiative

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 ...

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

Ashwini Vaishnaw inaugurates Gopinathpur Nilgiri-Balasore railway line

Railway Minister Ashwini Vaishnaw Saturday inaugurated the 18 km stretch of Gopinathpur Nilgiri-Balasore passenger railway line and flagged off a newly introduced MEMU train. The MEMU train between Gopinathpur Nilgiri to Balasore in South Eastern Railway division will operate thrice in a day, railway official said. Flagging off the train at Gopinathpur Nilgiri railway station, Vaishnaw said that Odisha on an average gets Rs 10,000 crore each year for the development of railway infrastructure under the NDA government of Narendra Modi. The allocation for the state under the UPA government was very low. He said Odisha is getting Modi's special attention for development of railways and no delegation from Odisha is required to seek it. While the average expansion of railway track was earlier only 25 to 30 km a year, it is more than 450 km in the national network in a year now, the minister said. Speaking of the railway projects in Odisha, Vaishnaw said the Jaleswar-Chandaneswar rail rou

India booming with highway, railway, air route expansion: Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday lauded the Narendra Modi-led central government, saying the country is witnessing an expansion of highways, railways, and air connectivity under his rule. "In the last ten years, under the leadership of Prime Minister Narendra Modi India has emerged as a global power. When leadership is good, everyone's respect increases," Adityanath said. The CM made the remarks while addressing the programmes organised under the BJP's 'Viksit Bharat Sankalp Yatra' in Rapti Nagar and Nanda Nagar of Gorakhpur. According to a press statement issued by the state government, the CM said, "The country is witnessing the expansion of highways, railways, and air connectivity. AIIMS is being established, and industries are flourishing. Employment is being generated on a large scale. Every eligible person is benefiting from welfare schemes, without any discrimination." Adityanath said his party does not see caste or creed when it devises policies and ..

Four killed after train travelling from town bordering India set on fire

At least four people were killed and many injured after suspected arsonists set on fire a passenger train coming from the port town of Benapole, bordering India, in the country's national capital on Friday, two days ahead of Bangladesh's general elections that have been boycotted by the main opposition BNP, officials said. The incident happened around 9 pm when four carriages of the Benapole Express that runs from Benapole, a town bordering the Indian state of West Bengal, were set on fire as it nearly reached its destination of the capital's Kamalapur Railway Station. "So far we have found four bodies . . . searches are still underway," Shahjahan Shikdar, the spokesman of Fire Service and Civil Defence, told newsmen at the scene. Railway officials said that most of the train's nearly 292 passengers were returning home from India and the train was set on fire at 9 PM as it reached the Gopibagh area near the station. When we tried to bring out a middle-aged man through a window of t

Govt project announcements, capex at new low, completion rates slow

It was at Rs 26,987 crore in the three months ended December, according to data from project tracker Centre for Monitoring Indian Economy (CMIE)

RailTel Corporation soars 27% in 6 days on winning orders worth Rs 263 cr

In past two months, the stock has zoomed 68 per cent, while, in past six months it skyrocketed by 182 per cent.

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PM Modi virtually flags off second Vande Bharat train in J-K's Katra

Prime Minister Narendra Modi on Saturday virtually flagged off the second Vande Bharat train between Jammu and Kashmir's Katra and New Delhi, with LG Manoj Sinha expressing hopes of a railway link between Kashmir and Kanyakumari early next year. Union minister Jitendra Singh, who attended the ceremony in Katra, congratulated the people of the Union territory on the New Year's gift of a second Vande Bharat train and said this was possible because of Modi's commitment to work for the overall development of the region. "In the coming months, the Kashmir-Kanyakumari railway link will be dedicated to the people by the prime minister. Not only the people of Jammu and Kashmir, but the entire country is also waiting for the completion of this historic project," J-K Lieutenant Governor Sinha said. He was addressing the function at the Katra railway station before the flagging-off of the Vande Bharat train by the prime minister. The under-construction 111-km Katra-Banihal section of the ...

Govt issues draft rules to make railways accessible for differently abled

The government has released draft guidelines on accessibility of railway stations, facilities there and in trains for people with disabilities, highlighting the need for integrating technology-enabled features such as text-to-speech and user-friendly pictograms. The Department of the People with Disabilities (PwDs) has asked stakeholders and the public to give their comments, objections and suggestions by January 29 on the proposed guidelines to create a more user-friendly environment. The proposed guidelines also highlight the need for dedicated website features catering to "divyangjans", ensuring a flexible and accessible interface design. These features will follow universal design principles and World Wide Web Consortium guidelines, integrating technology-enabled accessibility features such as text-to-speech and user-friendly pictograms, the draft guidelines state. The draft includes the development of a dedicated mobile app and a one-click template for people with disabilities

People shower flowers as PM takes lap of honour on way to Ayodhya station

PM Modi is scheduled to inaugurate the redeveloped railway station and Maharishi Valmiki International Airport, Ayodhya Dham Airport

PM to virtually flag off Jalna-Mumbai Vande Bharat service from Ayodhya

Prime Minister Narendra Modi will flag off the inaugural run of the Jalna-Mumbai Vande Bharat Express through video link on Saturday, the Central Railway has said. The CR said in a release on Friday that the PM will virtually flag off the 8-coach service while addressing a function at the redeveloped Ayodhya Dham railway station in Uttar Pradesh. He will also flag off two Amrit Bharat and five other Vande Bharat services between different cities. In its inaugural run, the 02705 Jalna-Mumbai Vande Bharat train will tentatively depart from the city in the Marathwada region at 11am and will arrive in the metropolis at 6:45pm. As per the release, the train will halt at Chhatrapati Sambhajinagar, formerly Aurangabad, at 11:55 am, Manmad Junction at 1:44 pm, Nasik Road at 2:44 pm, Kalyan Junction at 5.06 pm, Thane at 5.28 pm and Dadar at 5.50 pm before proceeding to CSMT in Mumbai. In its regular run from January 1, the train will leave CSMT at 1:10pm and reach Jalna at 8:30pm, while fro