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Bharat Forge bags crank shaft order from IR

Bharat Forge bags crank shaft order from IR

Indian Railways (IR) has always imported its crankshaft, but recently for the first time has placed an order with Bharat Forge. According to the company, Bharat Forge is the only crankshaft manufacturer in India which caters to the industrial sector. Bharat Forge has been already supplying a range of equipment to major rail network in the US and Europe.

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Actuant mfg facility in Bangalore

Actuant mfg facility in Bangalore

Actuant India announced the launch of its manufacturing facility in Bangalore. The facility will support the company globally by offering value-added capabilities to drive business growth and accelerate operational excellence.

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Land Bill is a concern for Japanese investors

Land Bill is a concern for Japanese investors

The financial champion of the much-hyped DMIC is largely tight-lipped about it. Shin Oya, Chief Representative, Japan Bank for International Cooperation (JBIC), tells Shilpi Aggarwal why his country may be waiting for the next general elections, is guarded on some questions but has no hesitation to say why the Indian government must treat ECBs better,

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$360 mn WB loan for UP water project

$360 mn WB loan for UP water project

India has signed an agreement with World Bank for a credit of $360 million for Uttar Pradesh Water Sector Restructuring Project Phase-II. The agreement for the credit was signed in Delhi recently by Nilaya Mitash, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Onno Ruhl, Country Director, World Bank on behalf of the World Bank.

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High Speed Rail Corporation inaugurated

High Speed Rail Corporation inaugurated

The Union Railway Minister Mallikarjun M Kharge formally launched the High Speed Rail Corporation of India (HSRC), a subsidiary of Rail Vikas Nigam (RVNL) in Delhi. He also revealed the logo of HSRC that has been designed by National Institute of Design, Ahmedabad.

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Logistics sector sees demand rise

Logistics sector sees demand rise

India´s logistics and warehousing industry has been fuelled by encouraging developments in the retail, e-commerce and manufacturing sectors according to the findings of CBRE´s latest report, ´India Logistics Market View H1 2013´.

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Eastern Railway earnings up

Eastern Railway earnings up

Earning a revenue of Rs 717.84 crore, Eastern Railway (ER) in last September loaded 5,270 million tonne (mt) of freight up by 16.67 per cent over 4.517 mt loaded in the same month last year.