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WAGON TENDERS
Odisha: Massive fire breaks out at Cuttack daily marketA fire erupted at Cuttack's Link Road daily market on Monday morning. Firefighters battled the blaze for hours. The fire was intense, with ...
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoYJupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The company's EBITDA...
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian RailwaysRailway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is exp...
SAIL-RITES JV bags Rs 818 crore wagon order from Indian RailwaysIn March 2024, Kolkata based Besco, Hindustan Engineering and Industries (HEI), Jupiter Wagons, and Titagarh Rail Systems were awarded the ...
Besco bags Rs 485 crore order to supply 1,200 wagons to Indian RailwaysBesco will be supplying Bogie Open Wagon type (BOXNS) wagons which are primarily used for ferrying coal and steel on the national transport...
Robust demand from private sector for rakes: Jupiter Wagons“There is a very strong demand on the private side because people now want guarantees,” Vivek Lohia, the Managing Director of Jupiter Wagon...
Rapid rail tender under review for ignoring Make in India clauseThe Department for Promotion of Industry and Internal Trade (DPIIT) has taken up the issue following the complaint. These manufacturers hav...
Jindal Rail Infra poised to get Rs 18.35 crore in an arbitration caseThe Tribunal arrived at the conclusion that the Indian Railways have committed a breach of the contract by purchasing 496 wagons BOXNHL wag...
BHEL complains to Rail Board on tender favouring select companiesThe Integral Coach Factory in Chennai has floated a tender for acquiring propulsion systems for 141 electric trains.
Railways to issue largest order for 22,000 wagonsThe govt hopes that the bulk tender would help in reducing the cost of wagons. The orders would be through the reverse e-auction model.
Railways to spend Rs 9000 crore in 3 years on new wagonsA senior railway ministry official told ET that the national transporter aims to procure about 38,000 new wagons by 2020, a move that will ...
Railways to give wagon contracts in bulk to meet future demandThe ministry has also decided to carry out all railway procurement and contracts under the reverse auction route through electronic mode.
Railway Ministry to scrap bids for 9,500 wagons, water plantsRail Neer is the packaged drinking water produced and supplied in trains by the railways catering arm, the Indian Railway Catering and Tour...
Railways spending on infrastructure may change dynamics of the country: Umesh Chowdhary, Titagarh Wagons"We have best in class passenger train technology by acquiring the second largest passenger train manufacturer of Italy."
Railways facing shortage of 2,000 wagons dailyThe Railways assesses the requirement of wagons and places demand for new wagons every year as augmentation of freight stock is a continuou...
- Promoters in process to up stakes in Titagarh Wagon: CMD
In an interview with ET Now, JP Choudhary, CMD, Titagarh Wagon, shares his views on the prospects of the company and future plans. Excerpts:
- Our margins up on a consistent long term basis: Umesh Choudhary, Titagarh Wagons
In an interview with ET Now, Umesh Choudhary, MD, Titagarh Wagons, talks about the comparative bidding of wagons by Indian Railways and the...
Railway Budget 2011: Getting railways back on growth track is critical, says Ajay Gupta, ED, CEBBCOThe problem is that the entire tender process is delayed so much in railways that last year budget has still not been executed.
- We expect a respectable share of wagons' order this year: JP Choudhary, CMD, Titagarh Wagons
JP Choudhary, CMD, Titagarh Wagons, says that the company expects to receive a respectable share of the 18,000 wagons' order the Indian Rai...
- Railways launches new wagons
Indian Railways have taken up upgradation of existing open wagons into stainless steel body wagons to improve the reliability and productiv...