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India to sell up to 2% stake in Indian Railway Finance Corp - Investing.com
India to sell up to 2% stake in Indian Railway Finance CorpInvesting.com
IRFC OFS: Govt to sell up to 2% stake in Navratna PSU via Offer for Sale
The government will sell up to a 2% stake in Indian Railway Finance Corporation through an Offer for Sale, as it continues an accelerated disinvestment programme across public sector enterprises.
IRCTC Chairman and MD Sanjay Kumar Jain quits; Railways set to appoint interim chief
Sanjay Kumar Jain's resignation as IRCTC Chairman and Managing Director has been approved by the Ministry of Railways, effective July 20, 2026. The public sector undertaking confirmed this development in a regulatory filing. The Ministry conveyed its approval through a letter dated June 22, 2026. Details regarding the additional charge for the CMD post will be announced shortly.
Assembly Luggage: Redefining Premium Travel, Designed in India
Assembly is redefining premium travel gear by designing in India for practical Indian travel realities. Catering to over 103,000 travellers, their durable, stylish luggage, from trolleys to backpacks, meets strict cabin limits and family travel needs. Achieving accessible pricing by selling direct, Assembly offers world-class, homegrown travel solutions, with plans for further retail expansion.
Indian Railways approves Kavach deployment worth Rs 270 crore on 631 route kms
Indian Railways has approved the installation of Kavach, an indigenous automatic train protection system, on 631 route kilometers of East Coast Railway for Rs 270 crore. This move aims to significantly boost railway safety by preventing collisions and over-speeding. The expansion covers crucial sections in Odisha and neighboring areas, enhancing train operations even in adverse weather and reinforcing the mission to deploy Kavach across vital routes.
Cranex receives orders worth Rs 18.52 cr
The fresh orders received by the Company include orders from BHEL and Indian Railways for workshop infrastructure projects. In addition, the Company's existing order book includes orders from BEML for railway projects including the Vande Bharat programme and orders for defence sector projects across India.
Jaipur gets Amrit Bharat Express to Darbhanga; Khatipura Mega Coaching Terminal opens
Railway Minister Ashwini Vaishnaw and Rajasthan CM Bhajanlal Sharma launched the Jaipur-Darbhanga Amrit Bharat Express and inaugurated a Mega Coaching Terminal at Khatipura. A new station at Sundarpura was also announced. These developments signify rapid expansion in railway infrastructure and passenger facilities across India, boosting connectivity, trade, and tourism, particularly benefiting devotees and enhancing operational efficiency.
Getting Caught Without A Ticket In Mumbai Locals Just Became Costlier
Indian Railway authorities believe the higher fine will act as a deterrent and help improve passenger discipline across the network.
Govt waives customs overtime charges for cruise passengers
International cruise passengers will no longer pay merchant overtime charges for customs clearance. This decision aims to boost cruise tourism and simplify passenger processing. The move follows requests from the shipping ministry and industry stakeholders. It is expected to reduce operational costs and enhance the competitiveness of Indian cruise destinations. This exemption applies to designated round-the-clock customs ports.
Indian Railways approves Rs 405 crore signalling upgradation project on Eastern Railway
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Sodexo in talks to buy Shashi Catering
Global food services giant Sodexo is reportedly in discussions to acquire Shashi Catering Services. This potential deal could be the largest in India's contract food services and facilities management sector. The acquisition would significantly boost Sodexo's presence and scale in the Indian market.
IRCTC announces exit of CFO & KMP Sudhir Kumar
Indian Railway Catering and Tourism Corporation (IRCTC) said Sudhir Kumar, GM (Finance), has ceased to be CFO, KMP and senior management personnel with effect from 15 June 2026.