The govt hopes that the bulk tender would help in reducing the cost of wagons. The orders would be through the reverse e-auction model.

A senior railway ministry official told ET that the national transporter aims to procure about 38,000 new wagons by 2020, a move that will ...

The ministry has also decided to carry out all railway procurement and contracts under the reverse auction route through electronic mode.

The government in the budget said an adequate number of rolling stock such as 12,000 wagons, 5160 coaches and 700 locomotives will be procu...

Titagarh Wagons Chairman J P Chowdhury said there has been a huge jump in requirement of wagons and coaches which is good for the sector.

Shares of Cimmco surged 19.96 per cent, while Titagarh Wagaons by 10.96 per cent and Texmaco Rail by 4.49 per cent on the BSE.

UPA government, in the month of April, had allocated wagons to individual manufacturers. These companies were told to supply 50 per cent of...

Wagon makers cheered the first Railway budget for laying foundation for the long term future but rued the absence of wagon procurement deta...

Stocks of companies in the railways business continued to decline and fell by up to 6 per cent on bourses after yesterday's Rail Budget.

Shares of BEML, Kalindee Rail, Texmaco trade firm on Wednesday ahead of the Rail Budget 2012.

The scrip of Titagarh Wagons fell by nearly 1% in a buoyant broader market on Monday, following its announcement of an overseas acquisition.

Titagarh Wagons on Monday said it has acquired French rail wagon-maker IGF Industries-Arbel Fauvet Rail (AFR) for around Rs 11.7 crore.

Even as the rest of the market remained weak following global cues, shares of companies servicing the railway industry were in demand on ho...

Rail wagon makers picked up steam after Railway Minister Lalu Yadav announced an increase in wagon output to 15000 per year from the existi...

Rail wagon makers were in demand for the third straight session on Friday ahead of the interim railway budget on hopes the government will ...

Steel maker Jindal Saw plans a major push to its infrastructure business. The company is setting up a modern wagon manufacturing facility i...

The government has approved a package for revival of three public sector rail wagon makers Braithwaite and Company, Burn Standard Company a...