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AXLE TENDER
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Railway Board orders crackdown on tender cartelsIn a bid to enhance transparency, Indian Railways is intensifying its oversight on significant contracts. Vigilance teams will meticulously...
- Shortage of LPG cylinders likely in South Indian regions after tanker owners announce indefinite strikeLPG supply disruptions are possible in southern India as 4,000 LPG tanker trucks begin an indefinite strike from March 27. The strike follo...
- Tata and Jindal among top five cos to bag ₹1,586-cr Railways orderAccording to officials aware of the development, bids for procuring Mild/Corten Steel Sheets/Plates/Coils were called in July 2023 but awar...
- Damage to Ahmedabad flyover: SC refuses to grant anticipatory bail to directors of private firmThe Supreme Court on Thursday refused to grant anticipatory bail to the directors of a private firm, who have been named as accused in a ca...
- Rail Ministry floats Rs 1000 crore tender to manufacture forged wheels“This is the first time that the Indian Railways has floated a tender to invite private players to build a wheel plant and make wheels for ...
- Railways awards axle tender to Chinese company in anticipation of higher local demand“India does not have enough capacity to make wheels. Axle manufacturing, on the other hand, is something India is fairly comfortable with,”...
- Jindal Steel and Power to set up India's first rail wheelset manufacturing plantA company statement said that JSPL has collaborated with GIFLO Steel - Hungary for this project. The MoU for technology collaboration has b...
- Cartelisation: Competition Commission directs 8 MSMEs to cease, desist from unfair biz practicesThe case, which pertained to the supply of axle bearings to Eastern Railway, was taken up by the regulator on the basis of a reference file...
- CCI issues 'cease and desist' against 8 firms found guilty of cartelizationThe evidence included e-mails, call detail records, and statements of the representatives of the firms showing that the firms discussed qua...
- Railways to prepare detailed report on corporatisation of production units, discuss it with unionsRailway unions have vehemently opposed the national transporter's decision to turn its production units into corporate entities, raising co...
- NHAI gives Rs 350cr boost to Gurgaon-Jaipur stretch of NH-8Banks had stopped releasing loans fearing they would not recover their debt that they had already extended to the project.
- We are eyeing FICV and FRCV segments in defence: VS Nornoha, Tata Motors"We have back orders in hand for about Rs 900 crore and volumes from Kestrel, the wheeled amphibious platform"
- Production of infantry combat vehicle will start six years from now: VS Nornoha, Head Defence, Tata MotorsWhen defence opened up to the private sector in 2005-2006, Tata Motors took a strategic decision to move from logistics to combat support v...
- CCI asks Railways to ensure competition among suppliers in tendersThe regulator's observation came while rejecting a complaint of alleged unfair business practices made by the Rail Coach Factory in Kapurth...
- Rail axle plant in West Bengal still on RINL tableRINL said proposed Rs 400-crore wheel and axle plant in Jalpaiguri district of West Bengal is still on the radar and is awaiting resolution...
- Rail brake manufacturers 'cartel' under CCI scannerThe complaint filed by Kapurthala Railway coach factory states the order is normally split between both suppliers to ensure uninterrupted s...
- Competition Commission of India may probe price-fixing in RCF tenderIndian subsidiaries of German braking system maker Knorr Bremse and French railway equipment maker Faiveley Transport have formed a cartel ...
- Railgate: CBI tapes reveal Vijay Singla and aides boasted of fixing mega contractsPawan Bansal’s nephew Vijay Singla, his aides Sandeep Goyal, Ajay Garg and Mahesh Kumar had boasted they could fix railway contracts worth ...
- Tata Projects begins work on Eastern DFC, eyes more bidsTata Projects, which has commenced construction on the first 343 km stretch on the Eastern Dedicated Freight Corridor (DFC), plans to bid f...
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