NEW DELHI : Hailing the Union Budget, Dr A Sakthivel, President, FIEO said that the budget has focused on growth potential of the Indian economy by focusing on investment & infrastructure to help the
NEW DELHI : The Highways and Railway Sectors are likely to get a combined budgetary allocation of over Rs 4 lakh crore, the highest ever. Both the road and railway ministries may see 20-30%
NEW DELHI : Indian Railways is tapping into the indirect tax regime to improve its freight business by cutting down on misdeclaration of goods and profiteering practices. The national transporter has begun to use
NEW DELHI : The Container Corporation of India Ltd (CONCOR) is “not eager” to move 26 terminals it runs on land leased from Indian Railways to the new liberal licensing policy approved by the Union Cabinet last September and has
LONDON : DP World is investing £12m in two new Rail Mounted Gantry (RMG) cranes at London Gateway to meet fast growing demand for rail connections from customers at the smart logistics hub, which
NEW DELHI : Rail Vikas Nigam Ltd. (RVNL) has announced the formation of two joint venture (JV) companies, namely the Bengaluru MMLP Pvt. Ltd. and Chennai MMLP Pvt. Ltd. The two JV companies are
NEW DELHI : Siemens Mobility has signed a Rs 26,000-crore contract to supply and service freight trains in India, the German engineering company said on Monday, the biggest locomotive deal in its history. Siemens
NEW DELHI : Targeting two-wheelers and three-wheelers mainly, besides packaged food, dry chemicals and other fast moving consumer durables, Indian Railways is introducing Cube containers for easy and safe transportation on the rails. Currently,
NEW DELHI : Railways will be “highly profitable” in coming 5-6 years with its ongoing transformative initiatives, Railway Minister Shri Ashwini Vaishnaw said on Thursday. The minister exuded confidence that the Railways will have a
NEW DELHI : Indian Railways will establish around 500 multi-modal cargo terminals under the PM GatiShakti programme in a time period of 4-5 years. “PM GatiShakti multi-modal cargo terminals of railways will be terminals where different modes of