railgenie | Jayalalithaa demands rollback of railway fares on : October 07, 2013 - 03:58:42 AM |
CHENNAI: Describing the revision of railway fares as unjustifiable, Tamil Nadu Chief Minister Jayalalithaa today said the latest proposal would put an additional financial burden of about Rs 1,150 crore on the people and demanded its immediate 'rollback'.The Railways has decided to increase the passenger fare and freight tariff by about two per cent from tomorrow to offset the financial burden arising out of increased input cost."For the next six months about Rs 1,150 crore financial burden has been placed on people through the revision of railway fares. Through this, low and middle income groups will suffer more. I strongly condemn the proposal to increase the fares and urge the Centre for its rollback", she said in a release.Referring to the early practice of revising fuel prices every six months, she said the Union Government has subsequently led (the oil marketing companies) to revise it every month.Similarly, the practice of hiking railway fares every two years has been revised to every six months, she said, adding, "This is a betrayal to the common man".She alleged that if the UPA government had prevented various scams like the 2G Spectrum scam, Coal scam and Commonwealth Games scam, revising fuel prices for every month may have been "avoided". |
puneetmafia | Bharat Forge plans to increase in railway business on : October 07, 2013 - 03:58:46 AM |
Pune based Bharat Forge is targeting to get 60% of its revenue from the non-automotive business, especially power, oil and gas and railways.Mr Amit Kalyani executive director of Bharat Forge said the company was in talks with all major foreign players in the railway sector for a possible partnership to tap potential business in Indian Railways.Mr Amit Kalyani son of group promoter Baba Kalyani, looks after strategy and finance in the company and is part of the group’s core management team. Speaking to Business Standard said that when the company forayed into the non-automotive business about eight years back, it was less than five per cent of the company’s sales. But this very same segment gave INR 1,500 crore in revenue last year.Besides power, oil and gas, and railways, non automotive business comprises general, marine and aerospace engineering, construction and mining equipment, and defence. It is currently 40% of Bharat Forge’s revenue but is expected to grow to 60%. He said that “We understand metallurgy, forging and design engineering and systems and quality and we have used these skills by working with our customers to create products and solutions to meet their needs. And that’s how we have grown our business.”The company recently bagged its first railway order of crankshafts for locomotives. These would be manufactured at the Baramati (Maharashtra) plant where between forging and machinery, the company has invested INR 200 crore to INR 250 crore. This facility would be used for manufacturing components for railways as well as big marine engines.Kalyani said that “Our strategy was to prove to the Indian Railways that an Indian company can do it right the first time and do it well. Using this breakthrough, we want to broaden our product portfolio, deepen it and work a lot more with the Railways. We are focusing on creating a technology product solution strategy to support Indian Railways.” |
puneetmafia | Railway to usenatural gas as fuel: Kharge on : October 07, 2013 - 03:58:54 AM |
Railways will use natural gas as fuel, Railway minister Mallikarjun Kharge has said.Railways have taken up various projects for the development of required technology to be used in locomotives, he said.“In a move to adopt environment friendly and cost effective alternate fuel, the Indian Railways has taken up various projects on utilization of natural gas as fuel for its fleet of diesel locomotives,” he said while addressing International Rail Conference organised by Confederation of Indian Industries (CII).He added that the Research Design and Standard Organisation (RDSO) is also actively working on developing highly fuel efficient diesel locomotives. “Indian Railways has taken a global lead in starting development of the Common Rail Electronic Direct Fuel Injection system for its fleet of diesel locomotives,” he added.Kharge invited industrialists for big investments and welcomed FDI. He elaborated how Railways is working towards modernising its core sectors. He referred to Dedicated Freight Corridor (DFC) and High Speed Corridors and new generation locomotives. |
AllIsWell | Jayalalithaa demands rollback of railway fares on : October 07, 2013 - 04:00:06 AM |
CHENNAI: Describing the revision of railway fares as unjustifiable, Tamil Nadu Chief Minister Jayalalithaa today said the latest proposal would put an additional financial burden of about Rs 1,150 crore on the people and demanded its immediate 'rollback'.The Railways has decided to increase the passenger fare and freight tariff by about two per cent from tomorrow to offset the financial burden arising out of increased input cost."For the next six months about Rs 1,150 crore financial burden has been placed on people through the revision of railway fares. Through this, low and middle income groups will suffer more. I strongly condemn the proposal to increase the fares and urge the Centre for its rollback", she said in a release.Referring to the early practice of revising fuel prices every six months, she said the Union Government has subsequently led (the oil marketing companies) to revise it every month.Similarly, the practice of hiking railway fares every two years has been revised to every six months, she said, adding, "This is a betrayal to the common man".She alleged that if the UPA government had prevented various scams like the 2G Spectrum scam, Coal scam and Commonwealth Games scam, revising fuel prices for every month may have been "avoided". |
railgenie | Railway to usenatural gas as fuel: Kharge on : October 07, 2013 - 04:00:18 AM |
Railways will use natural gas as fuel, Railway minister Mallikarjun Kharge has said.Railways have taken up various projects for the development of required technology to be used in locomotives, he said.“In a move to adopt environment friendly and cost effective alternate fuel, the Indian Railways has taken up various projects on utilization of natural gas as fuel for its fleet of diesel locomotives,” he said while addressing International Rail Conference organised by Confederation of Indian Industries (CII).He added that the Research Design and Standard Organisation (RDSO) is also actively working on developing highly fuel efficient diesel locomotives. “Indian Railways has taken a global lead in starting development of the Common Rail Electronic Direct Fuel Injection system for its fleet of diesel locomotives,” he added.Kharge invited industrialists for big investments and welcomed FDI. He elaborated how Railways is working towards modernising its core sectors. He referred to Dedicated Freight Corridor (DFC) and High Speed Corridors and new generation locomotives. |
irmafia | Gorakhpur gets world's largest platform on : October 07, 2013 - 05:58:44 AM |
GORAKHPUR: The Gorakhpur railway station became the proud owner world's longest home platform on Sunday after GM, NER, KK Atal inaugurated the remodelled Gorakhpur Yard.The remodelling work was completed on war-footing within the scheduled time. With the inauguration of the remodelled yard, Gorakhpur now has a platform measuring 1366.33 metres with ramp and 11355.40 metres without it. With this achievement, the NER has also secured a place in the Limca Book of Records. The certificate for the same would be issued soon. The achievement of the Gorakhpur station would also be incorporated in the Guinness Book of World Records. The postal department too is likely to release a special cover to mark the achievement.After inaugurating the newly installed route relay interlocking system, the GM also flagged off 12555 Gorakhdham Express (Gorakhpur to Hisar). Later, talking to reporters, Atal, said, "I congratulate the people of Gorakhpur on getting the privilege of world's longest railway platform in the city. I also appreciate the cooperation of the people of Gorakhpur as more than half of the work was completed within 11 days. I also appreciate the dedication of rail employees and officers who worked day and night for to ensure completion of work within the time limit."On the occasion, the GM announced award of Rs 1 lakh each for the construction department, signal construction department and Lucknow division and an award of Rs 50,000 for the headquarters. |
Mafia | Train traffic hit on : October 07, 2013 - 05:58:55 AM |
ALLAHABAD: Incessant rain severely affected the movement of trains at Allahabad railway station. With the railway yard heavily waterlogged and signal failure reported early in the day, several trains were delayed. |
ConfirmTicket | Curfew imposed in Vizianagaram; agitation in coastal AP turns violent on : October 07, 2013 - 05:59:04 AM |
VISAKHAPATNAM, OCT 6: The two-month-long agitation against the proposed bifurcation of Andhra Pradesh by the UPA Government has turned violent in Vizianagaram, 60 km from here, a historical town from where the Andhra Pradesh Congress Committee President, B. Satyanarayama, hails. |
greatindian | Temporary halt of trains at Mookambika Road Byndoor Station for Navaratri Festival on : October 07, 2013 - 05:59:10 AM |
Temporary halt of trains at Mookambika Road Byndoor Station |
eabhi200k | Konkan Railway to be fully restored by Sunday 8 pm on : October 07, 2013 - 05:59:17 AM |
The Konkan Railway that has been hit by a derailment will be fully restored by 8 pm on Sunday. |
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