The Indian Railways has earned close to Rs 1,000 crore more by ferrying imported coal in 6 months to September 2021. According to official data, cumulative freight earnings from imported coal stood at Rs 4,598.88 crore during the period, up from Rs 3,682.32 crore till September 2020. This was during the period when there was […]
Category: Railways
Railways registers 113 pc jump in earnings from passenger segment in Q2
With the restrictions imposed due to coronavirus being relaxed and the festival season beginning, the railways has registered an increase of 113 per cent in earnings from passenger segment during the second quarter of 2021-2022 as compared to the first, an RTI query has found. The railways’ earning from the passenger fare had remained in […]
Fake DMRC website created, beware job seekers: Delhi Metro authorities
A fake website which has attempted to imitate the official website of the DMRC has been created to defraud gullible people, Delhi Metro authorities cautioned on Friday. In a statement, the Delhi Metro Rail Corporation said some social media accounts are also trying to “misguide job aspirants” by promising employment opportunities in the DMRC. A […]
Railways extends Covid guidelines, Rs 500 fine on passengers without masks
The Ministry of Railways on Thursday extended the COVID-19 guidelines for six months, or till further order, adding that not wearing a mask on railway premises or in trains can attract a fine of up to Rs 500. “To ensure wearing of face masks/ face cover by all persons at railway premises including trains, fines […]
IRCTC soars 20% in a week; analysts see multiple triggers for the stock
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) hit a new high of Rs 4,512 after surging 8 per cent on the BSE in Wednesday’s intra-day trade, on the back of heavy volumes, ahead of 1:5 stock split. The trading volumes on the counter more-than-doubled today, with a combined 7.02 million equity shares having […]
Cabinet approves bonus equal to 78 days’ wage for 1.1 mn railway employees
The Union Cabinet on Wednesday approved a productivity-linked bonus equivalent to 78 days’ wage to eligible non-gazetted Railway employees, Union minister Anurag Thakur said. The bonus for the financial year 2020-21 will benefit about 1.156 million non-gazetted Railway employees, he said. An expenditure of nearly Rs 1,985 crore will be incurred on this. The bonus […]
First flyover-cum-metro viaduct structure of network being built: DMRC
In a first for the DMRC, an integrated “flyover-cum-metro viaduct structure” along with a vehicle underpass is being built in Delhi on the Majlis Park-Maujpur corridor under the Phase-IV work, officials said on Sunday. The project near Soorghat in northeast Delhi is being executed in association with the city Public Works Department (PWD), they said. […]
Railways introduced 813 new trains in last five years: RTI reply
Over 800 new trains were introduced in the last five years after the Railway Budget was merged with the General Budget in 2016 and the national transporter ended the practice of one-time announcement of trains, an RTI reply has revealed. To query made by Madhya Pradesh based Chandra Shekhar Gaur, the Railway Board in its […]
Alstom India offers world’s fastest train for India’s private rail ops
Alstom India had held discussions with Indian Railway Catering and Tourism Corporation (IRCTC), and Megha Engineering, the only two contenders for private train operations in bids called by the Railway Ministry. According to Alain Spohr, Managing Director at Alstom India talks were also held with one more player that did not put in a bid. […]
Delhi Metro earns Rs 19.5 crore from sale of 3.55 million carbon credits
Delhi Metro has earned Rs 19.5 crore from sale of 3.55 million carbon credits which it had collected over a period of six years, in its bid towards gaining greater energy efficiency, DMRC authorities said on Sunday. The Delhi Metro Rail Corporation (DMRC) has been a pioneer in India in quantifying climate change benefits from […]
DFCCIL moots de-risked pvt participation for developing freight corridors
The Dedicated Freight Corridor Corporation of India (DFCCIL) has proposed de-risking the private concessionaire that develops the Sonnagar (New Chirailapauthu) to Andal section of the Eastern Dedicated Freight Corridor (DFC). DFCCIL intends to develop this portion of the DFC through a Design, Finance, Build, Operate and Maintain & Transfer (DFBOT) model on Public Private Participation […]
DMRC board meeting likely on Friday, arbitration amount issue may figure
The Board of Directors of the Delhi Metro Rail Corporation is likely to meet on September 24 and the issue of arbitration amount to be given to Anil Ambani group firm, Delhi Airport Metro Express Pvt Ltd (DAMEPL), may figure, sources said on Wednesday. The Supreme Court on September 9 had upheld the 2017 arbitration […]