Kernex Microsystems secures Rs. 2,041 crore KAVACH order for railway safety
The project is expected to be completed within 12 months, marking a crucial step in advancing the safety infrastructure of India's railway network.
Indian Railways
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RailTel Secures Rs 13.34 crore order from South Central Railways for 4G LTE-R infrastructure
The initiative is a part of a Memorandum of Understanding (MoU) between South Central Railways (SCR) and RailTel Corporation. The work order is expected to be completed by December 4, 2027.
RVNL secures Rs 186.77 crore contract from East Central Railway
The scope of the project includes the design, supply, erection, testing, and commissioning of traction substations with associated switching posts.
RailTel Corporation secures Rs 10 crore order from Northern Railway
The contract, awarded by Northern Railway, is domestic in nature and is expected to be executed by February 27, 2025. RailTel stated that the order signifies its growing role in supporting the digital transformation of Indian Railways through advanced IT solutions.
A B Infrabuild secures new project for rebuilding of FOBs and skywalk between Goregaon to Borivali stations
This project is part of the larger Harbour Line Extension (MUTP 3A) initiative aimed at improving the overall railway infrastructure in Mumbai, which will benefit thousands of commuters every day.
Rail Vikas Nigam secures Rs 625 crore EPC contract from South Central Railway
The project involves the doubling of the track between Parbhani and Parli stations, spanning 58.06 km in Maharashtra, excluding Gangakhed Yard (6.775 km). In addition to the track doubling, the project will also include electrification and signaling works.
Indian Railways partners with Swiss firms for advanced Tunneling Technology in Mega Projects
Indian Railways is set to collaborate with Swiss companies for tunneling works in major projects like the Rishikesh-Karan Prayag and Udhampur-Srinagar-Baramulla rail links, aiming to enhance infrastructure, safety, and operational efficiency.
CONCOR plans to surrender land to reduce licensing fees amidst strong Q2 performance
Container Corporation of India (CONCOR) announced its plans to surrender a portion of land at its inland container depot (ICD) in Tughlakabad, Delhi, in an effort to reduce its land licensing fee (LLF) payments to the Indian Railways.
Centre to consider selling stake in IRFC via OFS
In January 2021, the government listed IRFC on stock exchanges. The corporation issued new shares as part of the share sale, and the government also diluted its holding by an extra 4.55%.
Railways invest ₹1.08 trillion in safety measures from 2017-18 to 2021-22: Railway Minister
Rashtriya Rail Sanraksha Kosh (RRSK) and Railway Safety Fund (RSF) instrumental in enhancing rail safety and critical infrastructure over the past five years.
Indian train crash: Criminal negligence case opened as government faces criticism
Police investigate signal failure in fatal accident that claimed 275 lives
Railways’ passenger sector revenue increased by 92%
From 1 April to 8 October, Indian Railways' estimated total earnings on an originating basis totaled ₹33,476 crore, a 92% increase over the ₹17,394 crore earned during the same time of the previous fiscal year.
RailTel reports net profit of ₹66 crore in Q3
The shares of the company closed at Rs 105.65 apiece at a decline of 0.94% today on the NSE.
IRCTC reports 168% YoY surge in net profit to Rs 209 crore in Q3
It also proclaimed an interim dividend of Rs 2 per share for FY22 and fixed February 18 as the date for payment.
Hitachi Energy bags order to speed up electrification of Indian Railways
The government of India's electric locomotive manufacturers, Chittaranjan Locomotive Works (CLW) and Diesel Loco Modernisation Works (DMW), part of Indian Railways, placed orders with Hitachi Energy.
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