Bengaluru Suburban Rail to get Rs 400 cr, mere 31 per cent of sum requested

BENGALURU: The Rs 15,767-crore Bengaluru Suburban Rail Project has been allocated just Rs 400 crore in the budget, against the Rs 1,300 crore that was sought for. The allocation is only 31% of its requirement. K-RIDE, the nodal agency for the implementation of the project stated that the Directorate of Urban Land Transport (DULT) had […]

Metro line to Tumakuru, Devanahalli in Bengaluru proposed

BENGALURU: Chief Minister Siddaramaiah on Friday announced a proposal to extend two different Metro lines of Phase-II to Tumakuru and Devanahalli. The feasibility study is set to begin. “A feasibility report will be prepared to extend Metro rail from BIEC (Madavara) to Tumakuru and Kempegowda International Airport to Devanahalli on a Public-Private Partnership model,” he […]

309 rail passengers from Karnataka lost lives in five years

MYSURU: Despite repeated warnings from the railway department on the precautions to be taken while crossing the railway lanes or boarding and deboarding from the moving trains, incidents of passengers being injured or killed in accidents are being reported regularly. As per the reports of the railway department, 309 people have lost their lives in […]

ECoR floats Rs 641 crore tender for 41.5 km of Jeypore-Malkangiri railway line

MALKANGIRI : SEVEN years after the 130 km Jeypore-Malkangiri railway line was sanctioned by the Centre, the East Coast Railway (ECoR) has invited tender for engineering, procurement and construction (EPC) contract for the Rs 2,676 crore project. Sources said the tender has been floated in anticipation of land acquisition which is yet to start. The […]

Karavadi-Surareddipalem third line commissioned in AP

VIJAYAWADA : The third line between Karavadi – Surareddipalem under Vijayawada Railway division of the South Central Railway, covering a distance of 20.3 km, has been successfully completed and commissioned. This section is part of the Vijayawada-Gudur tripling and electrification project, one of the ongoing major projects in the State. With the tripling of this […]

Multi-bagger Railway, PSU stocks take a big hit after record rally

NEW DELHI: Shares of many ‘multi-bagger’ state-owned companies took a big beating on Monday as muted third-quarter earnings numbers and lack of fresh triggers are said that jittered investors’ sentiments and raised valuation concerns. The BSE PSU index, the key barometer of PSU (public sector undertaking) stock, fell 4.44% on Monday to close at 17,564 […]