|
|
| |
Railways Minister Lalu
Prasad Yadav presented a
populist budget that cut
prices across the board
with the claim that
increased traffic will
bring in more revenue but
critics have castigated
him on adopting policies
that will ruin Railways.<More>
Railways Profits Up
(November 24, 2006)
The largest railways in the world, the Indian Railways, reported
earnings in November at Rs. 1706 crore (USD 370 million) and an increase
of 22% from last year due to better freight and passenger capacity
utilization.<More>
BHC Asks Railways to Revamp Disaster Management
(June 24, 2006)
The Bombay High Court (BHC) has directed the Central and Western Railways to
upgrade their disaster management system and submit a comprehensive process
for review by August 16.<More>
Railways Loses to Budget Airlines
(May 29, 2006)
The advent of budget airlines has eroded high-margin
upper class segment of the Indian Railways (IR) two
years in a row causing it to lose over 10% in revenues
and analysts predict this trend to continue.<More>
Freight Corridor on, Speed Trains No
(May 22, 2006)
A high level committee chaired by Prime Minister
Manmohan Singh rejected a proposal to built a Bullet
Train network in the nation for passenger traffic but
accepted the plan to built a dedicated freight train
corridor at a projected cost estimate of USD 5.06
billion.<More>
|
|
|
Home Page
|
|