Latest IR news
She's Mumbai's first woman station master
Mamta Kulkarni, Mumbai's first woman station master joined the Indian Railways in May 1992.
ECR set to emerge as Railways' ancillary zone
East Central Railway (ECR), which came into existence in October 2002, is all set to become an ancillary zone of Indian Railways following the Centre's go-ahead for FDI in its two ambitious projects – electric locomotive manufacturing factory at Madhepura and diesel locomotive manufacturing factory at Marhaura in Saran district.
Money, with honey: LIC to fund nearly 20% of Railway project needs with interest moratorium
New Delhi, Mar 11 (PTI) : Life Insurance Corp, the country’s largest insurance company, has committed Rs 1.5 lakh crore to help cash-strapped Indian Railways meet its investment needs over the next five years.
Business transformation council to increase private investors in Indian Railways: Prabhu
New Delhi, Mar. 11 (ANI): Railways Minister Suresh P. Prabhu on Wednesday said the Indian Railways will set up a business transformation council (BTC) to enhance partnership with private sector investors ...
Business transformation council to increase private investors in Indian Railways: Prabhu
New Delhi, Mar. 11 (ANI): Railways Minister Suresh P. Prabhu on Wednesday said the Indian Railways will set up a business transformation council (BTC) to enhance partnership with private sector investors and raise efficiency and speed in implementing the Rs 8.5 lakh crore projected investment in coming five years. Prabhu, who inaugurated the international conference on Railways @ 2020 organized ...
LIC plans to invest Rs1.5 lakh crore in Indian Railways
Life Insurance Corporation (LIC) will invest Rs1.5 lakh crore in cash-strapped Indian Railways over the next five years
LIC to invest Rs.150,000 crore in Indian Railways
New Delhi, March 11 (IANS): In line with the the funding programme outlined in last month's Railway budget, state-run Life Insurance Corp (LIC) on Wednesday committed Rs.150,000 crore to Indian Railways for development of various commercially viable projects.
What the railways got right: Safer crossings
It’s often criticised for being the world’s most crowded, congested, slowest and dirtiest railway system, a mover of 23 million people every day that gets many things wrong.
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State-run Life Insurance Corporation (LIC) will invest Rs 1.5 lakh crore in cash-strapped Indian Railways over the next five years. The insurer, known for bailing out the government's disinvestment programs, signed a Memorandum of Understanding (MoU) with the railways for the committed investment.
LIC to invest Rs 1.5-lakh crore in Railways over 5 years
The investment would be done in bonds issued by various railway entities such as Indian Railways Finance Corporation (IRFC), beginning next fiscal.
LIC to invest Rs 1.5-L cr in Indian Railways over next 5 years
State-run insurance major LICtoday committed Rs 1.5 lakh crore to the Indian Railways fordevelopment of various commercially viable projects in one ofthe largest railway networks in the world.
LIC to invest Rs 1.5 lakh cr in Indian Railways in 5 years
LIC will be subscribing bonds worth Rs 30,000 crore.
What The Railways Got Right: Safer Crossings
* 18,785 manned and 11,563 unmanned crossings The last point is important because more than 400 people have died due to accidents at unmanned level crossings over the last four years. Between 2011 and 2015, the state with the most unmanned level crossings removed was Uttar Pradesh, followed by Andhra Pradesh, West Bengal, Tamil Nadu and Karnataka: IndiaSpend had previously reported that ...
Railways, 18 companies face probe for service tax evasion
The Indian Railways, Container Corporation of India, a navratna PSU, and 17 private companies, including the Adani group, are facing investigations for evasion of service tax to the tune of Rs 1,000 crore.
Bombay High Court Tells Railways to Reconsider Policy on Commuters' Security
The Bombay High Court has asked the Indian Railways to reconsider its policy on providing security to commuters in long-distance trains. The court was hearing a petition filed by a young woman who los...
3 Prabhu mantras for Railways - borrowing, PPP, asset monetisation
To drive Indian Railways out ofits "troubles", Union Minister Suresh Prabhu today prescribedmarket borrowings, public-private partnerships and monetisingassets to garner Rs 8.5 lakh crore
Railways launches India's first customer complaint mobile app
Indian Railways on Monday became the first company in the country to provide customer complaint services on a mobile app besides providing the facility online by launching a complaint management system (Coms).
Rail Budget: Six ministers in six years, will Suresh Prabhu compensate for wasted years and ...
Known as a very pragmatic man with a vision, Suresh Prabhu is expected to nurse the badly sick Indian Railways back to health.
New Delhi-Lucknow Double-Decker Train Service Before Holi
Indian Railways on Thursday said it will launch AC double-decker train service between New Delhi and Lucknow shortly.
Railways needs Rs 2 lakh crore to complete projects, getting private money is not easy
The health of the Indian Railways in not in good shape. The Railways is facing a huge shortfall of revenue. It lacks resources.
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