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."

Jupiter Capital exits rail freight co IIL at $10 mn

Last Updated: Saturday, April 4, 2015, 09:22

Independent MP Rajeev Chandrasekhar-led Jupiter Capital has sold its entire 24 percent stake in rail freight company Indialinx (IIL) to an arm of Singaporean shipping company NOL for USD 10 million.

From April 1, platform ticket to cost Rs 10, freight rates to rise

Last Updated: Monday, March 30, 2015, 15:47

Also, one can book a train ticket 120 days ahead of travel date, instead of 60 days as at present.

Freight hike won't affect prices of essential items: Prabhu

Last Updated: Thursday, February 26, 2015, 21:31

Defending the hike in freight rates that would rake in Rs 4,000 crore more, Railway Minister Suresh Prabhu Thursday said it would have minimal impact on the transportation of commodities and would not affect the prices of essential items like foodgrains, fertilisers and urea.

Railways' freight revenue to rise 14% to Rs 1.21 lakh cr

Last Updated: Thursday, February 26, 2015, 17:40

In 2014-15 (revised estimate), the revenue from movement of goods will rise to Rs 1,06,927 crore from Rs 93,095 crore in the previous year, according to the Rail Budget document.

Railways to hike freight tariff in October

Last Updated: Tuesday, August 27, 2013, 13:39

The tariff for the freight will be hiked due to escalating diesel prices.

Railways enter one billion plus club in freight loading

Last Updated: Monday, April 1, 2013, 23:14

With the loading target exceeding 1007 million tonnes (MT) by the end of March, Railways today entered the select group of billion plus club in freight movement with China, Russia and USA.

Railway Budget 2013: Rail freight rate hike proposal needs a re-look, says RINL

Last Updated: Wednesday, February 27, 2013, 22:12

State-run steel maker Rashtriya Ispat Nigam on Wednesday said Railways need to take a re-look at the proposed freight rate hike as it will have an adverse impact on the steel industry.

Rail freight hike on diesel may lead to rise in retail prices

Last Updated: Tuesday, February 26, 2013, 15:20

Railways Tuesday hiked freight rates for moving diesel and cooking fuels by almost 8 percent, a move that may result in marginal hike in retail fuel prices.

Rail freight for grains, pulses, groundnut oil hiked by 6%

Last Updated: Tuesday, February 26, 2013, 15:16

Railways Tuesday hiked the basic freight charges of grains, pulses and groundnut oil by nearly six percent, a move that will lead to increase in prices of food items.

Rail freight hike to increase input costs by 5-6%: Tata Chem

Last Updated: Thursday, April 5, 2012, 21:05

The hike in rail freight rates will lead to a 5-6 percent increase in the total input costs of fertiliser major Tata Chemicals Ltd (TCL), a top company official said on Thursday.