Jul 19, 2022, at 02:06 am
Mumbai: Railway Freight Activity Optimism Index (RFAOI) for Q2 2022 stands at 63, three points higher than the previous quarter despite the uncertainty posed by the Russia Ukraine war and the eminent risks weighing upon the pace of recovery of businesses (global inflation and swift change in monetary policy), according to a survey.
Mar 14, 2022, at 04:25 am
New Delhi: Indian Railways Finance Corp (IRFC) has decided to raise $1.1 billion (about 130 billion yen, or Rs 8,440 crore) through a yen-denominated syndicated offshore loan to finance the green initiatives of the India Railways, ET reported.
IRCTC's Q3FY22 net profit jumps 167 pc to Rs 209 cr
Feb 09, 2022, at 07:49 am
Mumbai/IBNS: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday said it has registered a 167.41 percent year-on-year (YoY) rise in its net profit for the third quarter of FY22 at Rs 208.80 crore.
Cabinet approves Productivity Linked Bonus to railway employees for the FY 2020-21
Oct 06, 2021, at 11:54 pm
New Delhi/IBNS: The Union Cabinet Wednesday approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
Indian Railways partners with GatewayRail to start Assured Transit Time Services
Aug 17, 2021, at 05:05 pm
Mumbai/IBNS: Indian Railways commenced its Assured Transit Time Services under the new Freight Express Scheme with GatewayRail on August 15 this year.
Indian Railway Finance Corporation Ltd. posts all-time high revenue and profit numbers for FY21
Jun 30, 2021, at 11:37 pm
New Delhi: Indian Railway Finance Corporation Limited,the dedicated market borrowing arm of the Indian Railways, posted profit growth of 126% on YoY basis for Q4 FY 2020-21 to stand at Rs. 1,482.55 crore vs. Rs. 654.63 crore reported in Q4FY2020.
IRCTC to open four new hotels partnering with Tata Group's Ginger brand
Mar 24, 2021, at 06:44 pm
New Delhi/IBNS: Even as the hospitality sector continues to reel under the impact of the pandemic, Tata Group and state-run Indian Railway Catering and Tourism Corp (IRCTC) have joined hands to open four more budget hotels in Lucknow, Khajuraho and Kevadia under Ginger Hotels' brand, said media reports.
L&T Construction wins contract from Rail Vikas Nigam Limited
Jan 18, 2021, at 03:52 pm
New Delhi: The construction arm of L&T has secured a Large order for its Heavy Civil Infrastructure business from Rail Vikas Nigam Limited (RVNL) for Package 4 of the New Broad-Gauge Line between Rishikesh and Karanprayag in the State of Uttarakhand, India.
Govt plans 15-20 pc stake sale in Indian Railway arm IRCTC through OFS route: Report
Sep 08, 2020, at 07:43 pm
New Delhi/IBNS: The government is planning to sell 15-20 per cent of its stake in Indian Railway Catering and Tourism Corporation (IRCTC) through offer for sale (OFS) route where at least 25 per cent shares are reserved for Institutional Investors like the insurance and mutual fund companies, said media reports.
Indian Railways register 10 pc jump in freight loading this month till Sep 6
Sep 07, 2020, at 10:23 pm
New Delhi/UNI: Freight loaded by Indian Railways for the first six day of this month has crossed last year’s loading and earnings for the same period.
Private trains to operate from March 2023: Indian Railways
Jul 20, 2020, at 01:24 am
New Delhi/UNI: The Indian Railways on Sunday clarified that private trains are slated to run from March, 2023 and the tenders will be finalised by March, 2021.
Indian Railways signs MoU with RailTel for Phase 2 of e-Office Execution
Jan 13, 2020, at 03:50 pm
New Delhi/IBNS: After the successful completion of the Phase 1 execution of NIC e office for 50000 users in 58 units, Indian Railways has signed MoU with RailTel, a miniratna PSU under Ministry of Railways, for the phase 2 of the project.
IRCTC registers bumper opening at the stock markets
Oct 14, 2019, at 03:04 pm
Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC) shares had a stellar debut at the BSE and NSE with prices of the share going up more than twice the issue price on both the listings.
Indian Railways to partner with TCS for hiring 1 lakh candidates
Aug 01, 2018, at 09:51 pm
New Delhi, Aug 1 (IBNS): The Indian Railways is all set to partner with Tata Consultancy Services (TCS) for its massive 1 lakh hiring drive through online examinations.
Union Cabinet approves 78 days productivity-linked bonus for rail employees
Sep 21, 2017, at 01:54 am
New Delhi, Sept 20 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2016-17.
LTTC agreement signed between SAIL, Railways
Aug 30, 2017, at 12:16 am
Kolkata, Aug 29 (IBNS): Steel Authority of India Ltd. (SAIL) and Indian Railways have entered into a strategic agreement on Long Term Tariff Contract (LTTC) on Tuesday.
Tata Steel signs long term tariff contract with Indian Railways
Jul 15, 2017, at 01:08 am
New Delhi/ Kolkata, July 14 (IBNS): Tata Steel became the first steel company to enter into a Long Term Tariff contract (LTTC) with Indian Railways here today.
Maharajas’ Express to begin its 2 new tour circuits
May 02, 2017, at 11:55 pm
New Delhi, May 2 (IBNS): The Indian Railway PSU, Indian Railway Catering and Tourism Corporation Ltd (IRCTC) on Tuesday said it has decided to start two new circuits of their flagship luxury train Maharajas’ Express, this year.
Budget 2017: Railways to focus on passenger safety, cleanliness and other reforms
Feb 01, 2017, at 10:07 pm
New Delhi, Feb 1 (IBNS): Finance Minister Arun Jaitley, while presenting the Union Budget 2017 on Wednesday, which included the Railway Budget for the first time, has proposed among other things, to introduce a 'coach mitra' facility that will be a single window interface to register all coach-related complaints and requirements.
Government Working Whole-heartedly for Welfare of SC, ST and OBC People: Rajen Gohain
Sep 10, 2016, at 12:56 am
Kolkata, Sept 9 (IBNS): The Scheduled Caste (SC) and Scheduled Tribes (ST) people as well as the people belonging to Other Backward Classes (OBC) should be given adequate Constitutional safeguards and the present Government is working for it whole-heartedly.