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Railways Doubles Freight Traffic Despite COVID-19 Challenges
Web Exclusive
  Jul 29, 2020

Railways Doubles Freight Traffic Despite COVID-19 Challenges

Despite challenges related to the COVID-19 pandemic, the Indian Railways managed to carry more freight than even last year’s level. On July 27 the freight loading was 3.13 million tonnes (MT), which was higher than last year for the same date.

IRCTC and SBI Card Launch Co-Branded Contactless Credit Card on RuPay Platform
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  Jul 28, 2020

IRCTC and SBI Card Launch Co-Branded Contactless Credit Card on RuPay Platform

The Indian Railways Catering and Tourism Corp. (IRCTC) and SBI Card have launched their new co-branded contactless credit card on the RuPay platform.

Seriously working towards reviving pre-1965 India-Bangladesh rail links: Goyal
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  Jul 27, 2020

Seriously working towards reviving pre-1965 India-Bangladesh rail links: Goyal

The Union Minister for Railways and Commerce & Industry, Piyush Goyal has said that governments of both India and Bangladesh were serious about recommencing the pre-1965 rail links between the two countries.

Prime Minister Modi Lays Foundation Stone for Manipur Water Supply Project
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  Jul 24, 2020

Prime Minister Modi Lays Foundation Stone for Manipur Water Supply Project

Referring to the Rs 30 billion water supply project, the prime minister said it would reduce the water problems of the state and would be especially providing huge relief to the women of the state.

Railways, Potential Investors Deliberate on Private Train Project at Pre-application Meeting
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  Jul 22, 2020

Railways, Potential Investors Deliberate on Private Train Project at Pre-application Meeting

The Ministry of Railways had invited 12 requests for qualifications (RFQs) for private participation in the operation of passenger train services to over 109 origin-destination route pairs through the introduction of 151 modern trains or rakes, which shall be in addition to the existing trains operated on the network.

Goyal Seeks Employee Feedback to Turnaround Indian Railways
Web Exclusive
  Jul 17, 2020

Goyal Seeks Employee Feedback to Turnaround Indian Railways

In a unique initiative, Minister of Railways, Piyush Goyal has sought crowdsourcing of ideas for boosting profitability as well as effecting transformational changes in Asia’s largest rail transporter from employees.

Govt could spend Rs 500 billion to improve coal evacuation infrastructure: Coal Secretary
Web Exclusive
  Jul 15, 2020

Govt could spend Rs 500 billion to improve coal evacuation infrastructure: Coal Secretary

Secretary, Ministry of Coal, Anil Kumar Jain on Tuesday said that if the need arises, the government will spend Rs 500 billion to improve the coal evacuation infrastructure.

Tynimo Launches Digital Vending Machine for Safety Essentials at BLR Airport
Web Exclusive
  Jul 14, 2020

Tynimo Launches Digital Vending Machine for Safety Essentials at BLR Airport

Bengaluru headquartered Lifestyle retail brand Tynimo has installed a first of its kind vending machine stocked with safety essentials at Kempegowda International Airport, Bengaluru.

Hitachi ABB Power Grids India Bags Rs 1.2 Bn Indian Railways Order
Web Exclusive
  Jul 10, 2020

Hitachi ABB Power Grids India Bags Rs 1.2 Bn Indian Railways Order

In an order worth Rs 1.2 billion, Hitachi ABB Power Grids India will be delivering its transformers to the government-owned electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), for the production of 400 passenger and freight locomotive engines.

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Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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