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Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Stocks to Watch Today: Rail Vikas Nigam, Power Mech Projects, Bharat Forge, Kirloskar Oil Engines, Garden... - Moneycontrol.com
Stocks to Watch Today: Rail Vikas Nigam, Power Mech Projects, Bharat Forge, Kirloskar Oil Engines, Garden...Moneycontrol.com
Bihar gets record Rs 10,000 crore for rail infrastructure in FY27: Ashwini Vaishnaw
Bihar's rail network is set for a major upgrade. The Union Railway Minister announced a record Rs 10,000 crore allocation for infrastructure development. A new express train will connect Chapra with Delhi. Locomotives manufactured in Bihar are now being exported. Projects worth Rs 1.15 lakh crore are underway. Patna Junction will get five new platforms.
Double-engine government to accelerate rail projects in West Bengal: Ashwini Vaishnaw
Union Railway Minister Ashwini Vaishnaw announced 60 next-generation trains for the Kolkata Metro and ₹1 lakh crore in railway projects for West Bengal. Bullet trains connecting Delhi to Siliguri in six hours are also promised. Additionally, 102 Amrit Bharat Stations will be modernized, and 538 railway underpasses will be constructed.
Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers
Titagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution. Titagarh is set to benefit from government infrastructure projects. The company expects to deliver more coaches and trains in the coming years. Margins improved significantly in the March quarter. Wagon sales saw a decline but are expected to stabilize.
Kalpataru Projects International bags orders worth Rs 2,002 crore
Kalpataru Projects International has secured new orders valued at approximately Rs 2,002 crore. These orders span across Power Transmission & Distribution in overseas markets and Buildings & Factories in India. The company also received an order in the Railways segment. This achievement strengthens KPIL's position in high-growth markets and reinforces its footprint in the metro rail sector.
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing
IRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund more metro projects. The company plans to raise Rs 70,000 crore this financial year. This move signals significant growth for metro infrastructure financing in India.
Railway PSU stock RVNL bags order from NMDC, West Central Railways worth over ₹1000 crore; shares rise
Rail Vikas Nigam (RVNL) has won two significant contracts exceeding ₹1,000 crore for railway infrastructure and electrification projects, enhancing its order pipeline. The projects include a ₹758.07 crore contract from NMDC and a ₹244.32 crore electrification upgrade for West Central Railway.
A Rs 2,193 crore rail push: Govt greenlights Katra safety, Howrah-Delhi capacity and Chennai suburban boost
Indian Railways has greenlit three significant infrastructure projects totaling Rs 2,193 crore. These projects will boost safety on the Jammu-Shri Mata Vaishno Devi Katra route. Capacity will be expanded on the busy Howrah-Delhi corridor. The Chennai suburban network will also see decongestion. These upgrades promise improved train punctuality and operational flexibility across key Indian rail lines.
Railways clears 2 projects in northwest Delhi to reduce congestion: CM
The Railways has approved crucial infrastructure projects for northwest Delhi. Widening of the Haiderpur-Badli rail overbridge will ease Mukarba Chowk traffic. An elevated loop connecting Shalimar Bagh and Sanjay Gandhi Transport Nagar also received approval. These projects aim to significantly reduce congestion and improve connectivity. The Delhi government is committed to developing a modern transport network.
Ceigall India says its joint venture CIL-SAM bags Rs 918-cr order from Jaipur Metro
Ceigall India's joint venture, CIL-SAM India, has secured a Rs 918.04-crore project from Jaipur Metro Rail Corporation for Phase-II expansion. The contract involves designing and constructing an 10.8 km elevated viaduct and ten metro stations, with a 34-month execution timeline. This win signifies Ceigall India's diversification into urban mobility projects.
Jharkhand CM Soren flags 'unacceptable condition' of Chandil–Tata railway section
Jharkhand Chief Minister Hemant Soren has expressed concern over the 'unacceptable condition' of the Chandil–Tata rail section, highlighting consistent hours-long delays for passenger trains over the past two years. He urged Railway Minister Ashwini Vaishnaw to prioritize passenger services and expedite infrastructure projects, questioning the railway's priorities regarding passenger time versus freight transport.