Business Standard

Indian Railways

RailTel stock soars 18% on heavy volumes; up 331% in 1 year

In the past one month, the stock of telecom service provider for Indian Railways has rallied 47 per cent after winning multiple orders worth Rs 161 crore.

RailTel stock soars 18% on heavy volumes; up 331% in 1 year
Updated On : 12 Jul 2024 | 2:27 PM IST

Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget
Updated On : 11 Jul 2024 | 11:25 AM IST

Avg duty hours under 8 hours in June: Vaishnaw on loco pilot controversy

Accuses Rahul Gandhi of attempting to demoralise Indian Railways

Avg duty hours under 8 hours in June: Vaishnaw on loco pilot controversy
Updated On : 10 Jul 2024 | 9:46 PM IST

Indian Railways, DMRC, CRIS join hands to promote 'One India - One Ticket'

The Indian Railways, Delhi Metro Rail Corporation (DMRC) and Centre For Railway Information Systems (CRIS) have collaborated to promote the 'One India One Ticket' initiative, enhancing the travel experience for main line railway and metro passengers in the Delhi/NCR area, a statement said on Wednesday. The DMRC QR code-based tickets can now be booked on the IRCTC website and mobile application with a full version launch anticipated soon. According to the statement, metro tickets can be booked up to 120 days in advance and are valid for four days. "The Indian Railway Catering and Tourism Corporation Limited (IRCTC), DMRC and CRIS have joined hands, in the first of its kind initiative, to revolutionise seamless travel experience of the main line railway and metro passengers in Delhi NCR area, thereby promoting 'One India One Ticket' initiative of the government of India," it said. The beta version of DMRC QR codebased ticket was launched on Wednesday, thereby enabling main line ...

Indian Railways, DMRC, CRIS join hands to promote 'One India - One Ticket'
Updated On : 10 Jul 2024 | 9:20 PM IST

Eastern Railways saves electrical energy worth Rs 12 cr in Q1 of 2024-25

Eastern Railway saved electrical energy worth over Rs 12 crore in the first quarter of 2024-25 by using comprehensive measures to save traction and non-traction energy, an official said on Monday. He said that through the regeneration of energy by three-phase locomotives, the Kolkata-headquartered ER saved 1,09,84,814 units of energy, amounting to savings of approximately Rs 8.06 crore in the first quarter of the current financial year. Comprehensive measures to reduce use of traction and non-traction energy led to reducing its carbon footprint and saving electrical energy worth over Rs 12 crore in the first quarter of 2024-25 fiscal, ER spokesperson Kausik Mitra said. "In June 2024 alone, regeneration in 51 three-phase locos resulted in savings of 25,83,640 units of energy, which translates to approximately Rs 1.94 crore in savings in energy bill for the month," he said. He said that measures taken by the zonal railway have led to reduction in consumption of fossil fuel leading to

Eastern Railways saves electrical energy worth Rs 12 cr in Q1 of 2024-25
Updated On : 08 Jul 2024 | 4:11 PM IST

Maruti Suzuki to dispatch 35% of vehicle production via railways by FY31

Maruti Suzuki India plans to utilise Indian Railways to transport 35 per cent of the vehicles produced across its factories over the next 7-8 years, according to MD and CEO Hisashi Takeuchi. The share of vehicle dispatches through railways scaled to 21.5 per cent in the 2023-24 fiscal from 5 per cent in 2014-15. The country's largest carmaker's vehicle dispatches through railways increased from 65,700 units in 2014-15 to 4,47,750 units in 2023-24. "With our production capacity nearly doubling from about 2 million units to 4 million units by FY 2030-31, we plan to augment the use of railways in vehicle dispatches, close to 35 per cent over the next 7-8 years," Takeuchi stated. Maruti Suzuki has so far dispatched over 20 lakh units through Indian Railways. The automaker ferries vehicles to 20 destinations, serving over 450 cities using Indian railways. Takeuchi said the company pioneered the use of railways for vehicle dispatches over a decade ago by becoming the first company in In

Maruti Suzuki to dispatch 35% of vehicle production via railways by FY31
Updated On : 08 Jul 2024 | 2:22 PM IST

Coaches of Panchavati Express detach; journey resumes after 40-mins delay

Coaches of an express train running between Nashik district and Mumbai got uncoupled at Kasara in neighbouring Thane on Saturday morning, in which no passenger was hurt, a railway official said. The train resumed its journey after 40 minutes when the coaches were re-attached, he said. The Panchavati Express train that began its journey from Manmad junction in Nashik district and was on its way to Mumbai, got uncoupled at Kasara railway station, about 128 km from Mumbai, Central Railway's chief public relations officer Swapnil Nila said. The incident occurred when the train was moving out of the Kasara station around 8.40 am, he said. "The train was uncoupled between coach number four and five. We will check why the coaches got uncoupled," he said. The uncoupled coaches were again attached and the train left for further journey within 40 minutes, Nila said. "The coupling between the two coaches was not broken. If it was not intact, the train would not have left for Mumbai within

Coaches of Panchavati Express detach; journey resumes after 40-mins delay
Updated On : 06 Jul 2024 | 12:19 PM IST

Train travel woes to ease: Railways to add 10k non-AC coaches in two years

In FY25, 4,485 coaches will be produced, including 2,605 general coaches, 1,470 non-AC sleeper coaches, 323 SLR coaches, 32 high-capacity parcel vans, and 55 pantry cars, featuring Amrit Bharat models

Train travel woes to ease: Railways to add 10k non-AC coaches in two years
Updated On : 05 Jul 2024 | 10:11 AM IST

Railways witnesses 10% increase in freight loading in June, shows data

Freight volumes for the national transporter, Indian Railways, had contracted year-on-year for the first time since the coronavirus outbreak in June 2023

Railways witnesses 10% increase in freight loading in June, shows data
Updated On : 02 Jul 2024 | 10:17 PM IST

Railway faces supply disruption of forged wheels amid Red Sea crisis

National transporter is facing shipment delays of forged wheel imports

Railway faces supply disruption of forged wheels amid Red Sea crisis
Updated On : 28 Jun 2024 | 6:30 AM IST

This railway related stock has zoomed 91% from June 5 low

Shares of Titagarh Rail Systems hit a new high of Rs 1,896.50, surging 7 per cent on the BSE in Thursday's intra-day trade on account of a healthy business outlook.

This railway related stock has zoomed 91% from June 5 low
Updated On : 27 Jun 2024 | 12:44 PM IST

Budget 2024: Will the govt bring back fare concessions for senior citizens?

Union Budget 2024: According to RTI disclosures, Indian Railways earned around Rs 2,242 crore from about 150 million senior citizens during the financial year 2022-23

Budget 2024: Will the govt bring back fare concessions for senior citizens?
Updated On : 24 Jun 2024 | 5:34 PM IST

Budget 2024: High allocation expected for railways despite capex pressure

A report, citing government officials, said that the gross budgetary support for railways is set to increase to Rs 2.6 trillion

Budget 2024: High allocation expected for railways despite capex pressure
Updated On : 24 Jun 2024 | 4:47 PM IST

Indian Railways aims to implement Kavach system across 44,000 km in 5 years

Kavach is an automated train protection safety system designed to prevent collisions on the same track. The Railway Ministry is working on its installation on the Delhi-Mumbai and Delhi-Howrah routes

Indian Railways aims to implement Kavach system across 44,000 km in 5 years
Updated On : 24 Jun 2024 | 11:18 AM IST

RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr

The uptick in share price came after the RVNL announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 192 crore from South Eastern Railway

RVNL stock hits fresh 52-week high on securing order worth of Rs 192 cr
Updated On : 24 Jun 2024 | 10:00 AM IST

Railway stocks in focus; RailTel, RVNL, Texmaco, RITES zoom up to 13%

The Indian Railways' fast-track approach and the government's push for Atmanirbhar Bharat have catalysed to chart new frontiers

Railway stocks in focus; RailTel, RVNL, Texmaco, RITES zoom up to 13%
Updated On : 21 Jun 2024 | 2:02 PM IST

WATCH: Railways' successful trial run on world's highest Chenab rail bridge

Indian Railways conducted the first trial run on the Chenab Rail Bridge, the world's highest railway bridge, connecting Sangaldan in Ramban district to Reasi

WATCH: Railways' successful trial run on world's highest Chenab rail bridge
Updated On : 21 Jun 2024 | 10:52 AM IST

Railway min urged to introduce train services on Agartala-Kolkata route

Tripura Transport Minister Sushanta Chowdhury has written to Railway Minister Ashwini Vaishnaw, requesting him to introduce train services from Agartala to Kolkata via Bangladesh's capital Dhaka. He also urged the central minister to commence train services from Agartala to Chittagong in the neighbouring country through the railway tracks between the capital of Tripura and Akhaura in Bangladesh. Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina had virtually inaugurated the Agartala-Akhaura railway link in November last year. However, train services on this route have not been introduced till now, Chowdhury said. "Under your stewardship, we have witnessed significant strides in enhancing the efficiency, safety and reach of our railway network. I request you to introduce the passenger and goods train service from Agartala to Kolkata via Dhaka and Agartala to Chittagong through the newly inaugurated railway track between Agartala and Akhaura (Bangladesh)," ...

Railway min urged to introduce train services on Agartala-Kolkata route
Updated On : 21 Jun 2024 | 10:11 AM IST

Kanchanjunga crash: Railways blame dead driver; row over 'signal defect'

Kanchanjunga train crash: As many as 15 people died while 60 were injured after a goods train rammed the Kanchanjunga Express from behind in West Bengal's Darjeeling on Monday

Kanchanjunga crash: Railways blame dead driver; row over 'signal defect'
Updated On : 19 Jun 2024 | 1:19 PM IST

Kanchanjunga Express train collision reason 'identified' by Railways

Three compartments of the Sealdah-bound Kanchanjunga Express derailed after being hit by a goods train from behind in West Bengal's Darjeeling on Monday, killing 15 people

Kanchanjunga Express train collision reason 'identified' by Railways
Updated On : 18 Jun 2024 | 12:01 PM IST