The cash-strapped Railways has finally managed to get the approval of the Finance Ministry for a loan of Rs 3000 crore against the demand for Rs 10,000 crore.
"We were
Facing a huge backlog of pending projects worth Rs 1 lakh crore, Railways is planning to opt for build, operate and transfer (BOT) model as part of a new investment
It was a tough ride for new Railway Minister Dinesh Trivedi in 2011 as the PSU behemoth was beset with severe fund crunch, frequent accidents, delays in key projects and
Railways today announced over 10 per cent growth in earnings between April and November this fiscal, thanks to robust performance both in the goods and passenger segments.
"The total approximate
Amid delays in execution of a number of key projects, the Railways is exploring several options for their successful implementation even as the state-run behemoth has reached out to the
Despite facing an acute financial crunch, Railways is planning to give Productivity Linked Bonus (PLB) equivalent to 78 days’ wages to its 12 lakh employees in the festive season.
A
Railways is exploring the possibility of increasing passenger fares to tide over its financial problems and improve safety-related infrastructure.
The move comes in the backdrop of persistent demands from the
Railways is mulling a relook into the passenger fares of AC classes in wake of the Comptroller and Auditor General recommendation of rationalisation of freight and passenger tariffs to improve
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