Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
Aswath Damodaran says Musk's SpaceX will frustrate investors after most valuable IPO in history, here's whyValuation expert Aswath Damodaran believes SpaceX could achieve the most valuable IPO ever, potentially reaching trillion-dollar status. He...
Jefferies initiates coverage on 2 rail stocks, says Titagarh can rally 32%Jefferies initiated coverage on rail rolling stock makers, recommending a Buy for Titagarh Rail Systems with an Rs 810 target, citing stron...
Wagon makers revenue to rise by 20% this fiscal: CRISILWagon makers supplying to Indian Railways are set for a 20% revenue growth this fiscal, driven by increased operations and higher margins. ...
Railways to spend Rs 9000 crore in 3 years on new wagonsA senior railway ministry official told ET that the national transporter aims to procure about 38,000 new wagons by 2020, a move that will ...
Railway Ministry suggests closure of Burn StandardThe Ministry of Railways has recommended for closure and has created a corpus of Rs 417 crore so that the wagon maker can pay the dues to c...
Wagon majors Texamco, Titagarh excited on procurement targetsThe government in the budget said an adequate number of rolling stock such as 12,000 wagons, 5160 coaches and 700 locomotives will be procu...
Post Railway Budget 2016, wagon makers fall while engineering companies riseShares of rail wagon and component makers plummeted on Thursday after the railway budget as there was no big ticket projects.
Wagon makers welcome Railway Budget 2015Titagarh Wagons Chairman J P Chowdhury said there has been a huge jump in requirement of wagons and coaches which is good for the sector.
Rail wagon makers in demand; surge up to 20%Shares of Cimmco surged 19.96 per cent, while Titagarh Wagaons by 10.96 per cent and Texmaco Rail by 4.49 per cent on the BSE.
Rail wagon makers surge upto 12% as government releases orderUPA government, in the month of April, had allocated wagons to individual manufacturers. These companies were told to supply 50 per cent of...
Rail Budget 2014: Mixed bag for wagon majorsWagon makers cheered the first Railway budget for laying foundation for the long term future but rued the absence of wagon procurement deta...
- Railway Budget 2011: New units will not hit wagon industry: Titagarh Wagons
Other wagon makers had objected to the Railway's move to install new wagon manufacturing capacity, alleging it would hurt the industry when...
- TWL acquires French wagon Co for over Rs 11 cr
Titagarh Wagons on Monday said it has acquired French rail wagon-maker IGF Industries-Arbel Fauvet Rail (AFR) for around Rs 11.7 crore.
- Wagon makers gain on wagon output increase
Rail wagon makers picked up steam after Railway Minister Lalu Yadav announced an increase in wagon output to 15000 per year from the existi...
- Wagon manufacturers surge ahead of Rail Budget
Rail wagon makers were in demand for the third straight session on Friday ahead of the interim railway budget on hopes the government will ...
- Govt okays sick PSUs revival
The government has approved a package for revival of three public sector rail wagon makers Braithwaite and Company, Burn Standard Company a...