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INDIGENISATION IN RAILWAYS
‘People’s welfare first’: Russia’s Alipov praises India’s BRICS presidency ahead of Putin visitRussian Ambassador Denis Alipov praised India’s “people-centred” approach to its BRICS presidency, saying the grouping must ensure Global S...
Faster KYC, nods key to boosting FDI flows: Piyush GoyalThe minister was speaking at the end of his official visit to Japan, where he held a series of high-level engagements aimed at accelerating...
Jefferies cuts target price for Jupiter Wagons, maintains Underperform after Q1 earnings. Here’s whyJefferies has cut its target price for Jupiter Wagons to Rs 185 from Rs 210 and retained its Underperform rating after weak Q1 earnings. Th...
Parliamentary panel seeks details on Indian Railways' efforts to boost domestic bullet train capabilitiesA parliamentary committee seeks details on enhancing domestic bullet train component manufacturing. It also requested studies of successful...
Railways renews push for installing Atmospheric Water GeneratorsIndian Railways has renewed its push to deploy Atmospheric Water Generators (AWGs) in water-scarce areas, asking zones, production units an...
Will Budget revive capex stocks? What defence, rail and infra investors should watchThe Union Budget on February 1 is shaping up as a litmus test for the capex trade, which has slowed over the past year. With fiscal discipl...
Railways studying global tech for ops & services revampIndian Railways plans a major upgrade. They are studying global technologies to improve operations and services. Railway systems in Russia,...
Rs 55,000 crore Vande Bharat Sleeper Trains project is back on track but minus a toiletThe design dispute over Vande Bharat sleeper trains, worth Rs 55,000 crore, has been settled. Indian Railways will proceed with the origina...
India's manufacturing is all set to expand with robust foundations of reforms: Nuvama reportIndia's manufacturing sector, contributing 17% to GDP, has been positioned as the sixth-largest manufacturing economy. Recent reforms have ...
Siemens, India to manufacture 1,200 high-horsepower electric freight locomotives for railwaysThese 9,000-HP locomotives will be the future workhorse for freight operation on the Indian Railways. These locomotives are planned for use...
How RENMAKCH India founder indigenised European technology for Indian RailwayNeelesh Dixit’s RENMAKCH has successfully implemented Modi's ‘Make in India’ policy.
Global manufacturers ring Indian suppliers as they look beyond ChinaEven Indian manufacturers are increasingly looking to reduce their imports from China and increase local sourcing of forged components. If ...
BEML awaiting clarity on bullet train coaches' indigenisationWe are keen in the indigenisation of bullet train coaches. BEML had tied up with Japanese company Hitachi in this regard, said D K Hota.
BEML eager to do indigenisation of bullet train partsBullet train operations are proposed to commence by 2023 between Mumbai and Ahmedabad with the help of Japanese investments and technology
Otis to manufacture escalators in India from next year"We will start manufacturing escalators next year. It will be manufactured in our Bengaluru facility," Otis India President Sebi Joseph sai...
12 pushes for Indian Railways in Budget 2017In the next three years, the throughput is proposed to be enhanced by 10%. This will be done through modernisation and upgradation of ident...
Shares of defence, roads and railway companies rally up to 285% under Modi regimeGovernment prepared an outlay for roads and railways at Rs2,18,000 crore in the Union Budget, and this is likely to keep stock market senti...
BEL available with decent valuation of about 15-16 times: Hemang JaniThere are three themes that we are looking at -railways, defence and roads.
Railways to install onboard system to monitor train health: Suresh PrabhuRailways plan to install an onboard system in coaches, freight cars and locomotives to monitor their health and safety of their key compone...
Bullish on Titagarh Wagons and Maruti: Sudip Bandyopadhyay, Destimoney SecuritiesWe are looking at a price target of around 800 for Titagarh Wagons over a period of one year. We still have a target of around 4000 on Maru...