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200 LOCOMOTIVE ORDER
MV Electrosystems IPO to open on July 30; sets price band at Rs 400-425 per shareMV Electrosystems has fixed the price band for its Rs 290 crore IPO at Rs 400-425 per share. The issue, opening on July 30, will fund worki...
RITES bags Rs 318-cr order from South African firm for supply of diesel electric locomotivesRITES Ltd has secured a significant order worth Rs 315.7 crore from South Africa. The company will supply diesel electric locomotives. This...
Rites seeks new financing to expand Africa's access to Indian locomotivesThe Railway navratna has recently started exploring overseas markets for India's existing diesel locomotives after modifying them.
HBL Power Systems shares climb 6% after securing Rs 1,522 crore KAVACH orderHBL Power System Share Price: HBL Power Systems' shares surged over 6% after securing a ₹1,522.40 crore order from Chittaranjan Locomotive ...
Siemens MD Sunil Mathur on Rs 26,000-crore order win and the roadmap ahead“The order book climbs terrifically for Siemens in India on the back of the Rs 26,000-crore deal win. This order will be delivered over a p...
Siemens signs 3 billion euro train deal in IndiaPeter was confident about reaching Siemens's goal of increasing revenue at the mobility business by 6-9% this year, although this contract ...
Railways to export 18 diesel locomotives to MyanmarA high-level team of Myanmar Railways led by the chief of its mechanical and electrical department recently inspected the locomotives with ...
Railways opts for global shopping for 200 kmph locosAt present, Rajdhani, Shatabdi and Duronto trains are running up to 130 kmph. Only one train, Gatimaan Express, is running at 160 kmph betw...
BHEL bags Rs 200-crore railway order for traction convertersIn the transportation sector, BHEL manufactures a wide range of traction propulsion equipment at its Bhopal, Jhansi and Bengaluru plants.
GE wins $2.6 billion order to supply 1,000 diesel locomotives to Indian Railways"This infrastructure project is further evidence of India's position as a growth engine for Asia," GE Chairman and Chief Executive Jeff Imm...
GE, Alstom get contracts for Marhora, Madhepura loco projectsRailways today awarded contracts to GE and Alstom for setting up of about Rs 40,000 crore worth diesel and electric locomotive factories.
1st big FDI in rail: GE, Alstom may get nods for Rs 40,000-cr loco plans in BiharDubbed as the first big-ticket project under 'Make in India' initiative in the public transporter, GE and Alstom may get the nods next week.
MNCs like Bombardier, Hyundai-ROTEM, TALGO, CAF queue up to make high-speed trainsThe cost of the project is pegged at around Rs 2,500 crore for 15 train sets. If successful, more such train sets would be ordered.
Green signal for two big-ticket FDI proposals in RailwaysSuresh Prabhu approves the two big-ticket FDI proposals for setting up diesel and electric locomotive plants in Bihar at a cost of Rs 2,400...
- Railways finalises bidding documents of Bihar locomotive plants
The process of setting up locomotive plants in Madhepura and Marhora in Bihar has received a push with contentious issues being addressed.
- Railways revise RFP for locomotive plants in Bihar
While Marhora plant is expected to produce 1,000 diesel locomotives, Madhepura plant will manufacture 800 electric locomotives over the per...
- Indian Railways to buy materials worth Rs 3.615 cr from SMEs
Indian Railways has fixed a target to buy materials and components worth Rs 3,615 crore from small and medium enterprises (SMEs) from the E...