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New Delhi: The Indian Railways is considering offering incentives to high performing employees as part of reforms aimed at overhauling the national transporter. Officials privy to the matter told that the Railway Board, the apex body of the Indian Railways, is also considering a proposal to empower zonal general managers […]

Incentives likely for high performing Railway staff

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The ₹ 6,000 crore CONCOR, the only listed company of Indian Railways with a cash surplus of ₹ 2400 crore and zero debt on its balance sheet, wants to double its revenues in next five years. CMD, Anil Kumar Gupta shares his future growth plans including mergers and acquistions. Excerpts: Long term vision for […]

CONCOR looks for M&A to double revenues in 5 years

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New Delhi: Pointing out that Indian Railways, the nation’s largest transporter, suffers losses every year owing to its orientation towards social service — i.e. charging low fares which are way below its costs, and granting a range of concessions to passengers belonging to 53 categories like senior citizens, war widows, patients […]

Concessional travel & Low fares major reasons behind Railways’ losses: ...

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Kozhikode: Coming out with a clear message that Railways would indeed undergo transformation, Railway Minister Suresh Prabhu on Sunday said the Centre would encourage investment and private participation. His remarks came at an interaction organised by the Malabar Chamber of Commerce here. “It’s high time that we took some different turns […]

Prabhu hints at Railways’ impending ‘change’

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CRRC shows its full range at InnoTrans Berlin: A highlight of the CRRC stand at InnoTrans 2016 is a concept model for a possible intercontinental high speed train, which the company is promoting for future landbridge rail services between China and Europe. Bringing together expertise from the company’s various passenger and […]

Promo of China CRRC Concept Intelligent Train at Berlin InnoTrans2016

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Zero-Emission Hydrogen-powered Train unveiled in Germany Berlin: Two years after inking the first letters of intent (LoIs) with various German states and entities, French multinational Alstom’s zero carbondioxide (CO2) emission passenger train is set to grace the European country’s rail network. Launched on Tuesday at railway trade fair InnoTrans, in […]

Alstom unveils emission-free Coradia iLint Locos

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Railway passengers would require a smartphone or a laptop to access the infotainment products on-board! New Delhi: Indian Railways is all set to introduce Rail Radio and infotainment options for its passengers and those waiting on rail platforms. The products available under infotainment would include movies, television shows, music, sports, kids […]

Infotainment On-board: RailTel to introduce On-board Entertainment facilities on IR

Indian Railways has a deeper meaning than being a mere transportation system, said President Pranab Mukherjee when he had interacted with a group of probationers of various Indian railway services 13
Railways is one of the few finest institutions which can truly be called the unifier of the nation: Pranab Mukherjee, President of India New Delhi:  Terming the newly-inducted Railway officers as agents of change, President Pranab Mukherjee on Thursday, asked them to ensure safety of passengers who have reposed tremendous […]

President Pranab Mukherjee lauds Indian Railways

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New Delhi: Trains in India might soon sport vinyl-wrap advertisements of PayTM, if sources are to be believed. The country’s largest mobile payment platform that also has an online marketplace is betting big on the railways to grab more eyeballs and, in the process, add customers to its 135-million user base. […]

PayTM express interest for placing Ads on 12617 Passenger Trains

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Nagpur: The urban development department (UDD) has finally notified the increased floor to space index (FSI) on both sides of Nagpur Metro Rail corridor. However, against the proposed maximum FSI of 4, the maximum FSI is now 2.95. The FSI of a plot depends upon its size and the width […]

FSI notified for Nagpur Metro Rail; maximum FSI would be ...

Benoit Cattin Martel, President, Asia Pacific Region, and Harsh Dhingra, Chief Country Representative, India, from Bombardier Transportation handing over commemorative key for the latest Delhi Metro order to HS Anand, Director Rolling Stock, Delhi Metro 16
Bombardier Transportation delivers the First Vehicle for Delhi Metro’s Latest Order. Set to deliver further 162 Metro Rail coaches to Delhi Metro. Targets USD 1 Billion Revenue from India biz in 5 years! Bombardier Transportation has marked delivery of the first metro car for the Delhi Metro from an order for […]

InnoTrans: Bombardier marks delivery of additional Metro Cars for Delhi ...

One of the train's new features is a two-pronged grab handle. Also, the handlebar at the door is fixed inside, so commuters do not lean outside the rake 17
Central Railway may get remaining new Bombardier rakes. Bombardier trains have large windows, making them well-ventilated. They also have ample leg space between seats, making things easy during peak hours. Mumbai: Central Railway commuters could soon enjoy travelling in Bombardier rakes with 15-16 of them likely to be pressed into service following […]

Siemens or BHEL Rakes in use on CR may get ...

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Wagon tenders from railways remain limited, reconfirming Street view railways’ decongestion plan is seeing higher spends on construction of new lines in initial phase The talk about a massive capex by Indian Railways is yet to materialize in order inflows for the companies making rolling stock. Texmaco Rail and Engineering […]

Long haul for Rolling Stock firms

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Managing supply is Indian economy’s biggest challenge: Suresh Prabhu presents AIMA Managing India Awards 2016. Railway Minister also stresses on importance of clean environment for economic progress New Delhi: Union Minister Suresh Prabhu on Thursday said that the government has asked global rail innovators to develop their latest technologies in India. […]

Foreign firms to develop Train Tech in India: Suresh Prabhu

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Bangladesh seeks greater economic integration with North Eastern states of India Agartala: Bangladesh will restore the pre-1965 railway connectivity with India that was disrupted by the India-Pakistan war, Bangladesh Industry Minister Amir Hossain Amu said on Thursday. “The Bangladesh government would like to bring substantive changes in terms of connectivity with […]

Will restore pre-1965 Rail lines with India: Bangladesh

Railway Budget 2016 was the last Railway Budget of India presented on February 25, 2016 by Suresh Prabhu, Union Minister of Railways 20
Railway Minister Suresh Prabhu said that it was decided for merger of the rail Budget with general Budget but distinct identity of the railways will be maintained. New Delhi: The merger of Rail Budget with the general budget means an instant bonanza of Rs 9,700 crore for the Railways as now […]

Rail Budget merger is the Biggest Reform in the Sector: ...

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Bombardier Transportation is to develop a battery-electric multiple-unit for operation on non-electrified routes, under a research programme to be partially funded by the Ministry of Transport & Digital Infrastructure. Attending the InnoTrans 2016 trade fair in Berlin on September 20, Transport Minister Alexander Dobrint presented a letter of intent to […]

Bombardier to develop a battery-EMU for operation on non-electrified routes

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IRJ at InnoTrans 2016: Despite not having any trains on show at InnoTrans this year, Bombardier unveiled two new trains along with a system to improve infrastructure management. The first of the new trains is Movia Maxx which is a high-capacity metro train which can accommodate up to 374 passengers […]

Bombardier unveils two new trains

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After 92 years, India will not have a separate railway budget from next year. As part of its budgetary reforms process, the government has expectedly decided to merge the Union and railway budget, a move that might make it easier for the government to slash populist subsidies and push through […]

India’s Railway Budget – the Journey so far!

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Shaktikanta Das, Secretary, Department of Economic Affairs talks about how the budget merger will not impact the functional autonomy of railways and the government being ready to present the budget whenever required. Edited excerpts. Q: Do you believe the merger is a step to reboot the budget making exercise? Will it reform […]

Merger will bring Rlys to centre stage of Fiscal policy-making: ...

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Government of India scraps Railway Budget, orders its merger in teGeneral Budget. New Delhi: The government finally bit the bullet on Wednesday by deciding to do away with a separate railway budget and merging it with the general Budget. The decision to end the 92-year-old tradition was taken by the Union Cabinet on […]

India’s Rail & General Budget on same track after 92 ...

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Railway Budget merger to chug in efficiency The Union Cabinet has approved advancing the date for presenting the Union Budget by a month, paving way for one of the major overhauls in the budgeting exercise in the last several years and also in the process taking a step that has […]

Rail Budget merger can boost infra spend

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Mumbai: Shares of eight companies whose fortunes are linked to orders from Indian Railways rose by 0.06% to 4.56% at 14:10 IST on BSE after reports the Union Cabinet allowed merger of the Railway Budget with the Union Budget. Meanwhile, the S&P BSE Sensex was up 44.52 points or 0.16% at […]

Rail stocks gain on buzz of cabinet approval for merger ...

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Speaking to media, Former Finance Minister Yashwant Sinha said the railways can’t be treated like any other department. “My own feeling is that the Finance Minister will have to grant a lot of autonomy to the Ministry of Railways, he said. Sinha also spoke about advancing the date of the Union Budget […]

Investments for Railways won’t go down after Merger: Yashwant Sinha

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Answering a query on his ministry’s proposed NCMC, he said talks were on between banks and the Railways New Delhi: Union Urban Development Minister Venkaiah Naidu Wednesday said consultations were on with regard to the National Common Mobility Card, which enables access to all modes of transport across the country, […]

Talks between Banks & Railways on over National Mobility Card: ...

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A uniform approach for advertising across different railway zones will be in place by next year, sources from railway office informed. The approach is meant to further explore advertising potential and help increase earnings for railways. New Delhi: A uniform approach for advertising across different railway zones will be in place by […]

Uniform Advertising across New Zones by Next Year: Railways

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The Expanded Board for the Railways (EBR) comprises of officials from the railway ministry, the NITI Aayog as well as Department of Economic Affairs Mumbai: The Rs 9356 crore Virar-Vasai-Panvel suburban corridor project is expected to take its second most important step towards approval on September 29, when the Expanded Board for […]

EBR to review Rs.9356 Cr. Virar-Vasai-Panvel Suburban line project on ...

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Mumbai: The cost of land acquisition for the ambitious dedicated freight corridor, is expected to go up from Rs.16000 crores to a little over Rs.20000 crores because the railways has now begun the process of acquiring land under the newer Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and […]

New land act to raise Freight Corridor land costs from ...

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New Delhi: Capital investment may be stagnating in general, but government agencies seem to be partly bridging the deficit. Indian Railways, which had seen an unprecedented 52% jump in capex in the last financial year, is maintaining the tempo in the current year as well. Its overall freight earnings till August […]

IR maintains the tempo of 52% CAPEX jump in the ...

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If the government decides to merge the Railway Budget with the General Budget, create a holding company for railway’s public sector units and carry on with off-budget revisions in freight and passenger fares, the policy paradigm within which the Indian Railways functions will completely change in less than six months. […]

NITI Aayog for creation of Commercial-orientated Transport behemoth

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New Delhi: An American firm specialising in magnetic levitation (Maglev) trains has created a stir by joining the fray for the Ultra High-Speed Trains, with a proposal for a Maglev train with a top speed of 500 km per hour at a construction cost of Rs 137.5 crore per km. The […]

AMT Inc., offers 500 Kmph MegLev at Rs.138 Crore per ...

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Lucknow: The railways would be spending upwards of Rs.5 crore to test the Spanish-built Talgo rakes. In reply to a Right To Information (RTI), the Research Design Standards Organisation (RDSO) provided the break-up of the money spent during the first three phases of the trial. It further stated that as the timing […]

RDSO provides break-up of money spent on Talgo trial runs

In a petition filed on May 3, 2016, Tongad alleged that the Indian Railways project of laying 140km new track from Noida in UP to Rewari in Haryana will affect the ecology of the area because the Hindon River’s 800-metre stretch in Noida is being averted without obtaining environmental clearance 19
New Delhi: The Supreme Court (SC) has stayed an order of the National Green Tribunal (NGT), directing the Indian Railways and metro rail projects, to seek prior environmental clearances (ECs). “The order of the National Green Tribunal is stayed,” a bench, comprising Chief Justice TS Thakur and Justice AM Khanwilkar, said. […]

SC stays Environment Clearance requirement for Railway, Metro Rail projects

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Mumbai: Paytm, India’s largest mobile payment and commerce platform, has partnered with IRCTC (Indian Railway Catering & Tourism Corporation). This move will allow Paytm users to book train tickets online on Paytm’s app and website. In recent months, Paytm has seen exponential growth in its Travel Marketplace. Its bus tickets business […]

PayTM enables IRCTC Rail bookings on its platform

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The Zilla Parishad Gachibowli High School in Khajaguda, adjoining the IT hub in Hyderabad is in for a pleasant surprise. The children in the Government school will get access to a full-fledged science laboratory set up jointly by two big corporates. Bombardier Transportation, a rail technology leader has teamed up […]

Bombardier, Infotech Enterprises join hands to set up science lab

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Petition seeks termination of Arbitral Tribunal and appointment of arbitrator Chennai: Expressing its displeasure with the Railways for failing to conduct arbitration proceedings in various cases, the Madras High Court has observed that the Railway Board could have a re-look on the “cumbersome” arbitration clause, citing the numerous petitions being filed […]

HC express discomfort over ‘cumbersome’ arbitration rules of Railways

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Aiming for a ‘no spoilage-no spill’ balance. Indian Railways claim success in surge pricing experiment With the recent introduction of ‘surge’ pricing on the Rajdhani, Shatabdi andDuronto, Indian Railways hopes to increase its revenues. Influencing consumer behaviour through variable pricing is a strategy used by railways around the world. Lorenzo […]

Differential Pricing of Train Tickets globally has increased Revenues, benefited ...

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Gwalior: Under the smart station project of railway Ministry, Gwalior railway station is being considered in the list. To make the Gwalior station smart, shops of station Bajariya will be removed and some constructed buildings can be remove. On the smart station project railway DRM, Gwalior Collector Sanjay Goyal, Gwalior SP […]

PPP Model would be applied in Gwalior Railway Station Modernization

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New Delhi: Buoyed by the successful Talgo train trial, the railways is firming up an acquisition plan to procure 300 light-weight aluminium coaches from the market to be used for reducing inter-city travel time. With the over-saturated main trunk routes posing a serious challenge for the railways’ ‘Raftaar’ mission, the national […]

Railways to float Global tender for procuring 300 Aluminium Coaches ...

File Picture: Shri Rajeev Mehrotra, Chairman and Managing Director, RITES Ltd., has been conferred with “Financial Pride Award” at the Jindal Global Business School (JGBS) Top Rankers Excellence Awards 22
RITES reports its highest turnover of Rs1,294 crore for 2015-16. Growth in the business led to dividend payout for the year to Rs136 crore, which is 136% of the paid-up share capital of RITES New Delhi: More than 40 years after its launch, Indian Railways mini ratna company Rail India Technical and […]

RITES reports 10.78% rise in Profit for last fiscal

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Raipur:  RITES Ltd — Mini Ratna Enterprise under the Ministry of Railways has recently secured a major turnkey project from the Ministry of Railways for laying the third line in Pendra Road-Anuppur section of Bilaspur division of South East Central Railway (SECR), official informed. The company is also involved in […]

RITES to lay 3rd Railway Line in Pendra Road-Anuppur Section

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Dhaka: A British company has proposed to invest $7.5 billion in the Dhaka-Payra seaport rail link project, a vital infrastructure as part of the Bangladesh government’s ambitious economic development plan. An official of the railways ministry said the UK firm — DP Rail — has submitted a proposal in this […]

Bangladsh to build 280km Joydevpur-Dhaka-Payra Seaport Railway line

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New Delhi: The Central Railside Warehouse Company Ltd (CRWC), a subsidiary of Central Warehousing Corporation has planned 10 new warehouses with temperature controlled system at rail heads to facilitate handling and storage bagged commodities. The company has also undertaken up gradation of its existing 19 Railside Warehousing complexes across the country […]

CRWCL plans to set up ten warehouses

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New Delhi: The DMRC’s project to extend the Metro rail from Dilshad Garden to the new bus stand in Ghaziabad district of Uttar Pradesh has got stuck due to alleged indifference of Government agencies over contribution of funds approved by the State Cabinet, sources in the Ghaziabad Development Authority (GDA) said […]

Rs.1480 Crore Dilshad Garden-Ghaziabad Metro Rail project hits roadblock

File Pic: E Sreedharan, Principal Adviser, Delhi Metro Rail Corporation (DMRC), having a word with P I Sheikh Pareed, Managing Director, Kerala Rapid Transit Corporation 19
Thiruvananthapuram: The Principal Adviser, Delhi Metro Railway Corporation (DMRC), E. Sreedharan on Saturday held a discussion on the road ahead for the elevated Light Metro for Thiruvananthapuram and Kozhikode with Managing Director of Kerala Rapid Transit Corporation Limited (KRTL) P.I. Sheikh Pareeth. The meeting between Mr. Sreedharan and Mr. Pareeth here […]

Sreedharan meets KRTL Chief to chart out Thiruvananthapuram-Kozhikode Light Metro ...

Earlier, actors Deepika Padukone, Ranbir Kapoor and filmmaker Imtiaz cancelled their plane tickets to Delhi and took the train instead to promote their film Tamasha in Delhi and spent the 12-hour journey on the Suvidha Express rediscovering the joys of train travel - chatting, having chai and stretching their legs at Koat Junction. 23
New Delhi: Countless Hindi movies and songs have been shot on trains and now Railways is banking upon Bollywood celebrities to publicise its luxury trains. An invitation has been sent to Amitabh Bachchan, and couple Ajay Devgn and Kajol to take free rides on Maharajas’ Express. The Indian Railways Catering and […]

Railways bank on Bollywood celebrities to publicise Luxury Trains

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Dhanbad: Directorate General of Mines Safety (DGMS) and the Railways seem to be at loggerheads over shifting of Dhanbad Chadrapura railway line connecting the coal city with the state capital – considered to be a threat due to the underground mines fire in that route. Railways claim there is no immediate […]

Coal Fires: DGMS, Railways at loggerheads on shifting of tracks ...

Kannada activists stage a Rail Roko protest over Cauvery dispute in Kolar on Thursday. 25
Bengaluru: Railway services were barely affected as the police foiled attempts to enforce a Statewide call to block trains on Thursday as a part of the protest against the Supreme Court’s order to State on releasing water to Tamil Nadu. The call for a ‘rail roko’ given by the Kannada Okkoota against […]

Rail Roko attempts foiled in Bengaluru, Mysuru, Mandya

Mohammad Jamsheed, Member-Traffic, Railway Board 26
Member-Traffic corroborates that the coal-traffic target for this year is set at 580 million tonnes The Railways has chosen to alter the freight rate structure for coal, hiking rates for short-haul traffic, and lowering the same for coal freight beyond 700 km; said Mohammed Jamshed, Member – Traffic, Railway Board about the […]

Change in Freight Rate Structure is a Revenue Neutral Model: ...

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Banspani: In a glaring instance of wastage of resources, the multi-functional complex (MFC) completed recently at the non-descript Banspani railway station in Keonjhar district has no taker while the bulk revenue earning Rourkela junction was ignored. The Railways has drawn criticism for  haphazardly setting up nine MFCs in the State. Replying […]

MFC in Banspani finds no taker

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New Delhi: With the aim of making the freight strategy as market-oriented, railways today rationalised the silding policy to facilitate setting up of 100 more private sidings in the next two years. Besides railways also expanded the commodity basket by opening up the container traffic for 43 additional commodities to increase […]

Indian Railways liberalise Siding Policy