In a significant financial achievement, Ministry of Railways has shown an improvement in its operating ratio (OR) for the year 2014-15.
Tag: Indian Railways
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IR may be running trains on loss
Despite an overall opera-¡ting ratio of 91 per cent, Indian Railways (IR) might be running many of its premium express trains on losses
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Pushing the Railway Behemoth
When we talk about infrastructure in India, what should come to our mind first is Indian Railways, but it doesn´t, because we seem to have taken the railways for granted. Indian Railways (IR) has the largest rail network in Asia
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Railways require capital infusion
S C Agnihotri, Managing Director, Railway Vikas Nigam Ltd (RVNL) points out that infusion of private capital in augmenting infrastructure can break the vicious cycle of poor productivity, underinvestment and poor realisations in Indian Railways
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Can Prabhu bring Indian Railways on track?
Despite having the second largest rail network in the world, Indian Railways (IR) has not been able to bring it on growth trajectory. The rail sector is infested with challenges like snail´s pace expansion and modernisation, poor customer service
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Grant infra status to shipbuilding sector
The Shipping Ministry has sought infrastructure status for the shipbuilding industry so as to provide impetus boost to the sector, Union Minister Nitin Gadkari
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60% rise in Titagarh Wagons
Titagarh Wagons Limited reported a 60 per cent jump in revenue for the March quarter
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Rs.8.5 lakh crore plan is for decongestion of network
Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.
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Cabinet approves formation of SPV to major ports
The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
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Indian Railways & Punjab Govt tie-up for rail projects
The Indian Railways and the Punjab Government have decided to form a joint venture company to fast track planned rail projects in the state as well as take up new projects, including creation of ultra modern railway stations and laying new railway tracks.