Australian partner UGL mulls exiting Texmaco Rail JV

Last Updated: Monday, September 7, 2015, 13:30

It further said: "In view of the above, UGL has initiated discussion about the future of the project including their view to exit from the joint venture. The matter is under active consideration."

Railways to go paperless for monthly season tickets and platform tickets

Last Updated: Tuesday, September 1, 2015, 19:45

Monthly season tickets and platform tickets will soon go paperless as railways is planning to launch a mobile-based application for the same shortly.

Ratan Tata to hold second Kaya Kalp meeting on Aug 25

Last Updated: Tuesday, August 18, 2015, 22:32

Aiming at improving railway service by removing bottlenecks, noted industrialist and Tata Group's chairman emeritus Ratan Tata will hold the second meeting of Kaya Kalp council here on August 25.

Delhi Metro plans to open 106 new kiosks at 74 stations

Last Updated: Monday, August 17, 2015, 18:50

The kiosks will come up at 74 stations across all six corridors of metro, including the Airport Express Line. Even smaller stations will have such outlets now, a metro official said.

Good news for wait-list passengers! Railways may provide alternative trains

Last Updated: Wednesday, August 12, 2015, 10:08

Indian Railways is contemplating a back up train for those passengers on wait-list who still want to travel on the same day to the same destination.

Bogibeel bridge's girder cost may escalate by Rs 300 crore: HCC

Last Updated: Sunday, August 9, 2015, 15:53

The cost for constructing girders of India's longest rail-cum-road bridge at Bogibeel over Brahmaputra in Assam, by a HCC-led consortium, is likely to escalate by over Rs 300 crore, mainly due to expansion and delay of the project.

Railway Minister Suresh Prabhu to woo India Inc in Mumbai today

Last Updated: Friday, August 7, 2015, 09:16

Seeking to bring in investment in rail sector, Railway Minister Suresh Prabhu will on Friday address CEOs of financial institutions and corporates in Mumbai to apprise them of emerging opportunities in the country's public transporter.

Metro proposes five-slab fare system to meet operational costs

Last Updated: Sunday, August 2, 2015, 13:43

Faced with rising operational costs, Delhi Metro has proposed a five-slab fare system in the range of Rs 10-50 to mitigate the "adverse" impact on its financial health.

Recharge your metro smart card the mobile way

Last Updated: Monday, July 20, 2015, 20:57

Delhi Metro Rail Corporation (DMRC) today launched top up (recharge) facility of Metro Smart Cards through approximately 800 such ICICI Bank Business Correspondent Network (Outlets), located across the national capital and NCR region.

Chinese company to raise up to $2 billion in Hong Kong IPO

Last Updated: Friday, July 17, 2015, 15:52

A Chinese state-owned rail company is planning a $2 billion listing on Hong Kong`s stock exchange, a report said Friday, in what will be the first major initial public offering by a Chinese company since the nation`s stock market meltdown.

Agartala-Akhaura railway link to be completed by 2017

Last Updated: Sunday, June 28, 2015, 18:51

The 15-km-long Agartala-Akhaura railway route would connect Indian Railways with the Bangladesh Railways through the North-East which would improve connectivity and boost trade between the two countries.

Not enough invested in Railways in 40 years, Prabhu

Last Updated: Saturday, June 20, 2015, 17:46

"We cannot make railways work proper unless we make investment in the railways...," he added. The central government had earlier said Rs 8.5 lakh crore will be invested in Railways over a period of five years.