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WAGON LEASING BUSINESS
Texmaco, TrinityRail and Touax to invest Rs 2000 crore to boost rail lease businessThree companies will invest Rs 2,000 crore over three years for new wagons. This investment will procure approximately 6,500 wagons for pri...- For investors with 1- to 2-year perspective: Strong balance sheet and growth path; 5 large-caps with upside potential up to 33%With Israel refusing to play ball in the so-called US-Iran ceasefire, it was expected that things might remain fragile with regards to the ...
- Texmaco Rail shares in focus on winning Rs 132 crore wagon supply orderTexmaco Rail shares: The company's JV, Touax Texmaco Railcar Leasing, bagged a ₹132 crore domestic order to supply a rake of BLSS and BVCM ...
- Titagarh Rail plans to foray into wagon leasing businessTitagarh Rail Systems is entering the wagon leasing business. The company aims to secure a significant portion of the private sector market...
- Multibagger stock screener: These 6 counters have impressive track record in Q3. Will magic repeat this time?The rail stock has already rallied over 300% in FY24 on the back of rising demand for wagons from the Indian Railways. In the last three De...
- ETMarkets Management Talk-Jupiter Wagons confident of sustaining Q1 momentum in rest of FY24: Vivek LohiaThe momentum witnessed in Q1 is poised to continue in the forthcoming quarters. Our recent success, backed by strong performance over the l...
- Texmaco Rail Q3 net jumps to Rs 18.8 croreThe consolidated order book position of Texmaco Rail and Engineering with its subsidiaries stood at Rs 6,200 crore.
- ED attaches Rs 25-crore worth properties of Farouk IraniAn Enforcement Directorate release had said both had admitted to indulging in the scam estimated to have looted banks to the tune of Rs 522...
- Rail Budget 2014: 'Achhe Din' for biz customers as freight operations get a boostThe railways plans to launch online registration of wagon demand in the next two months.
- Rail Budget 2014: Mixed bag for wagon majorsWagon makers cheered the first Railway budget for laying foundation for the long term future but rued the absence of wagon procurement deta...
- Texmaco Rail & Engineering enters into a JV with French group Touax RailTexmaco Rail & Engineering has entered into 50:50 joint venture with a French group Touax Rail, engaged in the business of freight car leas...
- Texmaco Rail & Engineering reported a lower netTexmaco Rail & Engineering reported a lower net profit of Rs 10.74 crore in the third-quarter (Q3) ended December 31, 2011.
- Railways eases wagon leasing scheme rulesThe new norms allow a company to import wagons and lease them to private container operators and the railways.
- Railways eye lucrative automobile transportation sectorIn a bid to break into lucrative automobile transportation sector, Railways has invited tenders from private players to deliver cars, mini-...
- Progressive budget to complement growing economyThe budget opens up a huge potential for private investment in projects such as railway land development, terminal development, wagon fleet...
- GE eyes logistics tie-ups with Reliance, Bharti-Wal-MartGE may join hands with Reliance Retail and Bharti-Wal-Mart for providing logistic support to their retail network across the country. I
- GE commits investment in West BengalGE Equipment Services says it has invested Rs 150 crore in Titagarh Wagons Ltd and would pump in more funds in the infrastructure sector.
- GE Equipment Services commits investment in BengalGE Equipment Services (GEES), a logistics arm of global conglomerate General Electricals (GE), today said it has invested Rs 150 crore in T...
- Upfront fee for wagon lease being plannedPrivate companies interested in leasing railway wagons may face an entry barrier.
- GE buys 15% in Titagarh WagonsGeneral Electric has picked up 15% stake in Kolkata-based wagon manufacturer Titagarh Wagons.
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