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FINANCIAL AUDIT RAILWAYS
'Rahveers' to get Rs 25,000 reward: Nitin Gadkari announces new road safety schemesTo encourage immediate public intervention, the Ministry is introducing the "Rahveer" initiative. "If people step in to rush these 50,000 i...- He once auditioned for Roadies. Now, he works as metro railway maintenance worker, picking stones and heavy equipment from the tracks. Kolkata man's only dream is to represent India in bodybuildingA Kolkata man named Ashu faced a Roadies rejection and family crisis, forcing him to abandon his dreams for a demanding track maintenance j...
- Bengal gets Rs 3,000 cr for healthcare revamp, Ayushman Bharat card rollout from July: SuvenduWest Bengal's healthcare sector is set for a major upgrade with Rs 3,000 crore sanctioned by the Centre. Ayushman Bharat health insurance c...
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- He once captured everybody's attention as a dancer in a national show. Today, he sells samosas to survive: 'I still believe....'Shyam Nath Goswami, once a promising dancer on Dance India Dance, now runs a samosa stall, returning to his roots. Despite a brief televise...
- Vande Bharat Amul curd row: IRCTC, vendor fined ₹60 lakh, contract cancelled after worms foundIndian Railways has imposed significant penalties after a passenger found worms in curd served on the Patna–Tatanagar Vande Bharat Express....
- Railway Ministry understated its working expenditure in 2022-23: CAG ReportThe Comptroller and Auditor General (CAG) revealed that Indian Railways understated its expenses. This happened in the financial year 2022-...
- Railways lost Rs 573 cr through financial lapses in FY23The Comptroller and Auditor General (CAG) reported a loss of over ₹573 crore in the Ministry of Railways due to financial lapses and operat...
- IRCTC shares in focus after board approves appointment of new CFOIn a separate news, the ministry of railways has appointed Rabindra Nath Mishra with the additional charge of the post of Director (Finance...
- CAG flags financial loss of Rs 2,604 crore to Railways on interest payments, GST recovery, moreThe CAG reported financial losses of Rs 2604.40 crore to Indian Railways, citing issues like non-recovery of loans, missed shunting charges...
- In the wake of Mumbai stampede, Railways announces measures to improve passenger safetyRailways has also decided to delegate financial and administration powers to field units by October 2017 to reduce red tape and push develo...
- Government to conduct safety, capacity audit of suburban FOBs: Piyush Goyal"A complete safety and capacity audit of all the FOBs across the suburban train network will be conducted," he said.
- CAG flags glaring errors in railways accountsIn its latest report, the CAG also referred to the findings of the Public Accounts Committee (PAC) which had objected to the accounting err...
- IRCTC denies website hack, says everything is safe and secureThere is no hacking nor any leakage of IRCTC ticketing website and everything is safe, Railway Board Member (Traffic) Mohd Jamshed told PTI.
- Railways to hire audit firm to rationalize staff strengthOne of the four private companies shortlisted by the state-run transporter -- Ernst and Young, Deloitte, PWC and KPMG - will be hired for t...
- Railways suffered huge loss over iron ore booking: CAGThe DFP in effect led to freight difference between the domestic and export category, which was on an average more than three times.
- Budget 2014: 16 pending audit reports of CAG likely to be tabled in ParliamentMost of these reports pertain to the previous financial year and were expected to be tabled during the special session of Parliament called...
- CAG for rationalising of tariffs to improve Railways' financesThe premier auditing body also pressed for making quick decisions about unviable projects and increasing focus on more viable projects.
- Mahindra Satyam loses Railways' tech contractIndian Railways has cancelled a locomotive management system contract awarded to Satyam Computer Services in Jan this year, after the compa...
- Satyam loses Indian Railways tech contract worth Rs 100 croreIndian Railways has cancelled a contract awarded to Satyam after it failed to meet deadline for submitting required financial details. All ...
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