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RAILWAY TENDER
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...
Samsung seeks to renegotiate supply terms with centreAmidst the backdrop of escalating component prices, Samsung has entered negotiations with the government, aiming to revisit the terms of th...
Sona Comstar sets sights on acquisitions, EV-focused order book to drive growthSona Comstar is actively seeking acquisitions to utilize its substantial cash reserves. The auto-components maker is building on a large or...
Cabinet extends validity of third phase of rural road scheme, raises outlay to Rs 83,977 croreThe Union Cabinet has extended the Pradhan Mantri Gram Sadak Yojana-III deadline to March 2028 for plain areas and March 2029 for mountaino...
Execution, order inflows to drive L&T growth; BEL rides defence push: Siddhartha KhemkaIndia's capital goods sector is experiencing robust growth, fueled by strong order backlogs and increasing project execution across infrast...
Indian railways plans to ease parcel policy, allow contract extensionsIndian Railways is set to revise its parcel policy. New rules will allow two-year contract extensions for parcel leasing. These extensions ...
Around 1,068 hectares of railway land is under encroachment: Railway MinisterIndian Railways faces encroachment on 1,068 hectares, a mere 0.21% of its vast landholdings. Minister Ashwini Vaishnaw highlighted technolo...
Railways to enforce fixed delivery timelines in tenders after accident probe flags delaysIndian Railways is introducing a Fixed Delivery Period (FDP) mechanism for future supply tenders to ensure timely procurement of critical i...
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...
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.
Railway experts 'assessing' JSPL's rail producing plantThe Ministry of Railways has recently floated a global tender to procure rails. This is the first time that railways has come up with such ...
Global tender soon to procure tracks to modernise Railways: Piyush GoyalThe new railways minister also said that safety will be priority for the railways and there will be no limit to funding it. The comments co...
Railways to promote small entrepreneurs in big wayBesides, in a relief to the MSEs, the sector has been exempted from paying tender cost and earnest money deposit for participating in the r...
Suresh Prabhu initiates Railway reforms, decentralises tender processFull powers have been delegated to General Managers and Director Generals of production units as tender authority in this regard.
DMRC chief Sreedharan submits interim report on railway tendering to Suresh PrabhuAfter taking over the ministry, Prabhu has constituted the one-man Sreedharan committee to fix accountability in all tendering processes.
Railways tender ‘tailor-made’ to favour private playerOfficials inflated the requirement of coaches for 2013-14 and then came out with "tailor-made" criteria to favour a particular private comp...