India joins elite heavy-haul railway club, targets lower logistical costs: DFCCIL MDIndia now operates heavy-haul freight railways, joining a select global group. The nation is adopting advanced technologies and global best...
Texmaco, Touax and TrinityRail form railcar leasing venture in IndiaA new partnership is set to boost railcar leasing in India. Touax Group and TrinityRail Global Inc are joining forces with Texmaco Rail & E...
NFL's richest owner building new $4billion stadium as Nashville gets date to host its first-ever Super BowlDenver is eyeing a Super Bowl bid following Nashville's successful hosting, fueled by a new $4 billion retractable-roof stadium project fun...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam government has announced austerity measures to boost fiscal prudence. Fuel expenditure will be cut by 20 per cent. Minister and offic...
Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
From shortage story to cash-flow story: A sector ready for sustained re-rating? 5 power stocks with upside potential of up to 33%In the power sector, the next cycle will not reward whoever has the most installed megawatts. It will reward whoever can sign the right con...
Investing in ability and quality of balance sheet? 5 large-cap stocks from different sectors with upside potential of up to 29%Predicting the movement of the Nifty and Sensex is a fool’s task. Thursday’s trading on the market only underlines this truism. And it is i...
‘Kal Ho Naa Ho’ singer Sonu Nigam sells Karjat plots for Rs 2 crore; What’s driving buzz around this Raigad town near Mumbai, PuneSonu Nigam has sold four land parcels in Karjat, Maharashtra. The total sale value reached Rs 1.95 crore. These transactions were completed...
The right mix: Annuity income, domestic focus and fresh demand. 6 power sector stocks with upside potential of up to 40%The failure of the US and Iran to arrive at an agreement to end the Gulf war will only rattle global markets further. But even in the midst...
Madhuri Dixit leases office in Mumbai’s Lower Parel; outgo Rs 2.81 croreActress Madhuri Dixit has leased a commercial space in Lower Parel, Mumbai. The lease is for over five years with a total rent of Rs 2.81 c...
Titagarh Rail plans to foray into wagon leasing businessTitagarh Rail Systems is entering the wagon leasing business. The company aims to secure a significant portion of the private sector market...
Rail Land Development Authority invites RFP for development and leasing of nine multifunctional complexesMFCs at railway stations offer a variety of amenities such as shopping, food stalls/restaurants, book stalls, ATMs, medicine and variety st...
Land hurdle may end up derailing suburban rail planThe official said the Rs 23,100-crore project could be a reality only if the Railway Board agrees to the lease proposal.
Texmaco Rail & Engineering maintained its performance in FY 2012-13Gross turnover for the year under review was marginally higher at Rs 1036 crore compared to Rs 938 crore registered the previous year.
- Texmaco Rail & Engineering enters into a JV with French group Touax Rail
Texmaco Rail & Engineering has entered into 50:50 joint venture with a French group Touax Rail, engaged in the business of freight car leas...