railgenie | Bangalore Metro to mop up Rs 1000 crore through bonds on : September 14, 2013 - 03:56:05 AM |
The Bangalore Metro Rail Corporation Ltd (BMRCL) is looking to raise Rs 1,000 crore through private placement of bonds. "We were planning to tap financial institutions, but would not like to do it now as the interest rates are high," the Corporation's new Managing Director Pradeep Singh Kharola told Business Today.Kharola, a 1985-batch IAS officer, said BMRLC will wait for interest rates to soften before starting to raise more funds. The corporation, in which the governments of India and Karnataka are equal partners, has been implementing the metro project with equity and debt raised from many financial institutions including the Japan International Cooperation Agency. The 42.3 km Phase I of the project comprising two corridors - the 18.1 km long East-West corridor and the 24.2 km long North-South corridor - is estimated to cost about Rs 12,000 crore.The Corporation is awaiting clearance from the Government of India before starting on the 72 km long Phase II of the project at a cost of Rs 25,000 crore, the MD said. Phase II involves extending the lines laid under the Phase I, and beginning two new routes, one of which will connect Bangalore's arterial areas with Electronic City - the address that houses many well-known information technology companies including Infosys Ltd. |
RailXpert | Metro rail ready to talk to Iskcon for land on : September 14, 2013 - 04:00:04 AM |
The Hyderabad Metro Rail (HMR) is ready to hold negotiations with the International Society for Krishna Consciousness (Iskcon), Secunderabad, on the proposal to acquire land belonging to the organisation, HMR managing director NVS Reddy said.Speaking to reporters on Thursday, after the inspection of Uppal metro rail depot by members of the 14th Finance Commission, Reddy said it has become necessary to acquire a portion of the Iskcon land to avoid trains taking a sharp curve. So, we requested the organisation to give us a portion of land, but they are alleging that HMR is forcibly trying to take over the land, he said.As they are against the proposal, the GHMC proceeded in a legal way to acquire the land, he said. “We are open to negotiations and want to settle the issue amicably even today to avoid further controversy. The state government, through negotiations, could acquire a dozen properties belonging to religious places in the twin cities,” Reddy added. |
riteshexpert | Delhi Metro's Airport Express to Get New Helpline Number on : September 14, 2013 - 04:00:09 AM |
Delhi Metro's Airport Express line will have a new helpline number from Sunday.DMRC's 24x7 helpline number '155370' will replace the existing Airport Express Line helpline number '30802030', which was earlier operated by DAMEPL."From Sunday, DMRC Helpline number 155370 will be available for providing easy access and speedy solutions to public queries and complaints regarding Airport Express Line too," a DMRC spokesperson said. |
greatindian | Execution of Himachal railway projects to be discussed tomorrow on : September 14, 2013 - 04:00:15 AM |
Top officials of the Himachal Pradesh Government and the Railway Ministry will meet here on Saturday to discuss modalities for execution of various railways projects in Himachal Pradesh. |
messanger | South Eastern Railway to install CCTV cameras at Bokaro station on : September 14, 2013 - 05:55:55 AM |
BOKARO: In a bid to facilitate better security and safety to passengers, the South Eastern Railway is installing closed-circuit television (CCTV) surveillance system at Bokaro Railway Station under Adra Railway Division.Work of CCTV installation has already started and the facility will probably be operational after Diwali. The CCTVs will be set up at platforms and circulating area of the railway station. Assistant security commissioner of Adra railway division, Kamal Singh said CCTV surveillance system is being installed at Bokaro station under Integrated Security System (ISS) of railway.This will help security men in keeping vigil on the activities at station and provide security to passengers. "As many as 25 CCTV cameras will be put in place at different points at Bokaro Railway Station. The installation process has begun and probably will end in two months' time," said Singh.Though Bokaro Railway Station which is counted among 'A' category stations has low crime rate in comparison to other big stations, CCTV will give a boost to security measures at station premises. The hi-tech cameras have good resolution and can clearly capture the activities of passengers and other visitors. |
irmafia | Amritsar Railway station - a night mare on : September 14, 2013 - 05:56:00 AM |
First impression is the last impression is an inspiring old proverb but seems the authorities at holy city's junction Railway station have no interest to get inspired from this proverb as the station has become a spot of shame. The station might have been given a heritage look some years ago but it simply proves futile when basic things are missing.It is a welcoming spot for travelers in city that not only presents an ugly reality of administration here but makes the arrival a painful one. The moment one steps out of the train, the unhygienic platform is the first shock. Lacking the primary sanitation at every platform, without even one identifiable clean spot corridor, ground and walls covered with litter and nooks marked with filth narrate the sad story of sanitation system here.Outside the station building, are unlimited beggars who go on to chase till they get something from the tired travelers. At the same time, the way auto drivers surround around any traveler offers a whimsical scene to any traveler. And finally, if any tourist wants to visit the tourist office, there are no directions for him or her to follow. Most footpaths are covered with filth or encroached by beggars. And if we throw light on public toilets here, it is again a nightmare. If anyone plans to use the over bridge to cross the GT Road outside the station, it also speaks volumes about the responsibility of authorities here. |
eabhi200k | Pune division records increase in fare earnings on : September 14, 2013 - 05:56:12 AM |
PUNE: The Pune division of Central Railway registered an increase in passenger fare earnings in first five months (April to August) of the current year as against earnings registered last year in the same period.An official from the Pune division said the earnings increased by 6 per cent. In five months ended on August 2013 the division registered earnings of Rs. 230.77 crore, as against last year's earnings of Rs.217.14 crore, an increase of Rs.13.63 crore.Prominent stations like Pune, Khadki, Kolhapur, Satara, Miraj and Chinchwad fall under the Pune division which always witness rush of passengers, said an official. The administration has undertaken steps to increase passenger amenities at stations on Pune-Lonavla and Pune-Kolhapur tracks, he said.The official said that parking slots for visitors have been started recently at the Shivajinagar and Chinchwad stations. One additional parking slot is proposed at the Pune station to benefit daily commuters and people who come to the station to see of friends and relatives.The officials said that the administration has initiated ticket checking drive at prominent stations. Action is being taken against illegal travel which included ticketless travel in trains, entering railway stations without valid tickets and unbooked luggage. More than 5,000 cases have been booked by the administration pertaining to illegal travel in last five months in Pune division. |
nikhilndls | Withdraw rail and road blockades: CM to agitators on : September 14, 2013 - 05:56:25 AM |
Assam Chief Minister Tarun Gogoi today asked protesters to withdraw road and rail blockades immediately, otherwise the government will be compelled to take appropriate steps."The Government cannot remain a passive spectator to the series of road and rail blockades which have caused great inconvenience to the people and put a spanner in the wheels of development," Gogoi said in a statement issued here today."We cannot allow the situation to deteriorate further. The rail and road blockades have caused great miseries and hardships to the people and affected the economy. Such agitations are detrimental to the state's march towards the path of development and we cannot allow this to continue," the chief minister asserted.Various agitating groups and organisations have been for the last few months resorting to road and rail blockades without prior warning in support of their demands or in protest against incidents, arrest of local people, road accidents. |
eabhi200k | रेलवे का टिकटों की बिक्री बढ़ाने पर जोर on : September 14, 2013 - 05:56:34 AM |
मथुरा: आर्थिक मंदी से जूझ रही रेलवे ने पूरा ध्यान टिकटों की बिक्री बढ़ाने पर लगा दिया है। छोटे-छोटे स्टेशनों को भी चेक किया जा रहा है जहां कभी-कभी चेकिंग होती है। चेकिंग अभियान के निर्देश जोन से मिले हैं। मंडल स्तर पर इसकी समीक्षा की जा रही है। शुक्रवार को भी मथुरा-अलवर सैक्शन में चेकिंग अभियान चलाया गया। |
Mafia | Central Railway GM inspects LTT, suggests several amendments on : September 14, 2013 - 05:56:41 AM |
The newly appointed General Manager of Central Railway B Khare inspected LTT yesterday for almost two hours, with his team of officers from MMRDA September 13, 2013 MUMBAI Shashank Rao |
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