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Thales group firms bag contracts for metro rail project

Thales group firms bag contracts for metro rail project

Some of the group companies of French conglomerate Thales group bagged contracts for signalling and train control, and communication systems for Hyderabad metro rail project. While the contract for signalling is bagged by Thales Canada along with Thales India, that for communication is se

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Bitten by the bug of (non-)implementation

Bitten by the bug of (non-)implementation

It took staggering statistics of disasters and deaths for the rail ministry to finally take cognisance of the need for modernisation leading to transport safety, seamless logistics and smooth transactions.

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IRFC bond issue

IRFC bond issue

In order to fund the acquisition of rolling stock and financing capacity enhancement, Indian Railway Finance Corporation (IRFC) expects to raise Rs 6,300 crore from its ongoing tax-free bond issue.

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