Shifting excavators by rail is a uncommon choice. Nonetheless, logistics firm CJ Darcl just lately did simply that, transporting these heavy building gear from Chennai to Ballabgarh in Haryana on specialised rakes to underscore a dedication in the direction of sustainability and effectivity. As many as 34 excavators, together with fashions from Volvo CE, Komatsu … Read more
Tamil Nadu Chief Minister MK Stalin on Monday expressed dismay over the reported discount in fund allocation for Southern Railway initiatives. He urged the Union Minister for Railways, Ashwini Vaishnaw, to make sure the allocation of ample funds earmarked for brand spanking new strains, doubling and buyer facilities initiatives in Tamil Nadu. “We’re dissatisfied that … Read more
Indian Railways now has a ‘freight drawback’ — Finances paperwork present that the expansion of its key income supply, freight volumes, is slower than anticipated, within the low single digits somewhat than the anticipated excessive single digits. Additionally learn: Rail Finances’s capex increase welcome, however issues stay At ₹1.8 lakh crore, the anticipated freight earnings … Read more
Decrease reliance on capex-driven progress The interim Price range in early February introduced a ₹11-lakh-crore capex plan for FY24-25. To construct expectations on the capex entrance from the Modi authorities’s third time period, it’s price noting the tempo of capex within the final 5 years in comparison with the primary time period of this authorities. … Read more
The latest railway accident in West Bengal through which a items practice collided into the Kanchanjungha Specific, leaving 10 lifeless and 40 injured, has as soon as once more raised questions over the delay in putting in the indigenously developed anti-collision practice safety gadget Kavach. It’s been 4 years since Indian Railways started deploying the … Read more
Indian Railways will problem tenders for the set up of Kavach – the indigenously developed anti-train collision system – throughout 10,000 km. Tenders might be floated in a phase-wise method, throughout two–to–three phases, senior officers conscious of developments instructed businessline. Additionally learn: Railways to improve Kavach to LTE; formal rollout doubtless in 12-15 months New … Read more
The Modi 3.0 authorities will push forward with its tech-driven agenda whereas cementing India’s place as a worldwide chief in semi-conductor and electronics manufacturing, Ashwini Vaishnaw, Union Minister in control of electronics and IT (MeitY), railways, and data and broadcast (I&B), mentioned on Tuesday. The main focus will stay on making India a tech and … Read more
Finnish telecom gearmaker Nokia on Monday mentioned it has signed an settlement with the Gati Shakti Vishwavidyalaya (GSV) for finishing up joint analysis associated to 5G/6G communications within the transportation and logistics sector. Nokia and Gati Shakti Vishwavidyalaya, a college below the Ministry of Railways, will collaborate on analysis alternatives in 5G/6G communications concentrating on … Read more
Titagarh Rail Programs, a number one producer of railway freight wagons within the non-public sector, is quickly diversifying with the manufacture of passenger rail techniques, together with creating driverless metro trains. A important provider to Indian Railways, it at the moment produces 1,000 wagons a month. Additionally learn: Railways eye quicker cargo motion with 200 … Read more
PSU shares have been amongst the perfect performers of FY24, rallying 88 per cent (BSE PSU) in comparison with Nifty-50’s 20 per cent returns. The explanations ascribed for the rally vary from the final bastions of worth to structural adjustments, which have modified the earnings trajectory for the great. Although a lot of the structural … Read more