Page 31 - Indian Railways

Railways, Department of Posts, AAI not to be privatised under PSE policy

Public sector enterprises in the nature of development and regulatory authorities, autonomous organisations, trusts, development financing institutions would also be out of the policy

All supercritical railway projects to be completed by March 2022: Goyal

Fund allocation and targets planned for next 4 years, says minister

Covid-19: 512 train passengers in Mumbai fined for not wearing masks

As many as 328 new Covid-19 cases were reported in Mumbai

Indian Railway Finance Corp's IPO will not dent govt support: S&P Global

S & P Global Ratings has said that Indian Railway Finance Corporation's (IRFC's) initial public offering does not alter its view of government support to the company.The government, which has been the sole owner of IRFC since its inception in 1986, holds about 86 per cent shares after the listing. In the IPO exercise, the government sold 5 per cent stake and additional 10 per cent shares were issued to the market."The divestment does not affect our assessment of IRFC's critical link and integral role to the government. The IPO plans were announced as far back as 2017 and we had factored the potential share sale in our ratings on the company since then."S & P said it continues to see an almost certain likelihood of extraordinary government support for IRFC in the event of financial distress. There is no change to the company's business model and it remains the sole financing arm of the Ministry of Railways.IRFC will remain integrally linked to the government. The government ...

Railway Board lauds Rs 1.10 trn Budget allocation, calls it 'path-breaking'

Finance Minister Nirmala Sitharaman had announced that the central government is allocating Rs 1,10,055 crores for Railways

Covid-19: Western Railways gears up to resume Mumbai local train services

As the Maharashtra government has decided to resume train services for all passengers, the Western Railways is gearing up to start local services in Mumbai from February 1 amid the COVID-19 pandemic.Speaking to ANI, Western Railway's Chief Public Relations Officer Sumit Thakur said: "We have formed teams and sanitisation of cabins and seating areas is being done. We will be increasing entry and exit points, ticket booking counters with time. Our staff including Railway Police Force officials will be available to regulate the crowd."He appealed to all the Mumbai local train passengers to adhere to COVID-19 norms and protocols in order to combat the virus and ensure smooth operations of trains.The operations of Mumbai local train services were shut for normal passengers for almost ten months since the beginning of the lockdown.

Indian Railways must diversify its freight portfolio, says report

Another key proposal is to allow private players to run trains on the dedicated fre­ight corridors

Railways should diversify freight portfolio: Ficci-Crisil White paper

Another key proposal is to allow private players to run trains on the dedicated freight corridors

Indian Railways drops extra charges for large goods moving through DFCs

This is a significant shift because the restrictive goods consignment dimensions are cited as one of the reasons for the falling utility of rail freight

Indian Railways starts a new train between Mau and Delhi

Indian Railways on Sunday started a special train from Delhi to Mau on a proposal from former IAS officer Arvind Kumar Sharma

Indian Railways expecting improved operating ratio despite Covid-19 impact

Rail ministry official says huge cut in expenditure offset falling passenger revenues; freight revenue seen driving improvement

IRCTC to resume e-catering services from next month in relief to passengers

IRCTC is the Indian railways' catering arm

Adani, GMR, Godrej eye revamp of Chhatrapati Shivaji railway station

Project cost pegged at Rs 1,642 crore for creating a City Centre Rail Mall

Indian Railways allows e-catering in train, Railrestro set to deliver food

Indian Railways has allowed the e-catering services to resume in the trains. They will now be permitted to resume functions depending upon the feasibility, availability of staff and local restrictions

A beaten track: Plan for Railways has vision but lacks clarity on execution

The national transport utility's long-awaited draft national plan merely reiterates a direction that has already been set

Railways announces 33 Sankranti special trains in Andhra from Jan 9 to 16

Considering the Sankranti festival rush, the South Central Railway (SCR) zone will run more than 30 special trains to ferry passengers from Hyderabad to multiple places in Andhra Pradesh from Saturday

Rijiju bats for restoration of passenger fare concession for sportspersons

Sports Minister Kiren Rijiju on Thursday requested Railway Minister Piyush Goyal to restore the privileges

PM flags off world's 1st double-stack container train, launches DFC section

One train carries 360 10-feet container equivalent units (TEU), which is equivalent to 270 high capacity trailer trucks

L&T construction arm is lowest bidder for Uttarakhand railway project

The Rs 3,338 crore order is a contract from Rail Vikas Nigam for package-4 of a new broad-gauge line between Rishikesh and Karnaprayag

Recovery tracker: More visits to transit stations, freight shows gains

Monday morning traffic is still over 40% below 2019 levels in key cities