The proposal to relax foreign direct investment policy in construction and railways will be decided by the new government as the Commerce and Industry Ministry could got elicit response from the
On 28 February, the Union Cabinet approved the setting up a new rail coach manufacturing unit at Kolar, Karnataka to manufacture 500 coaches per annum. The unit will be set up at an estimated cost of
Union Minister of Commerce and Industry Anand Sharma on 27 January reiterated government’s plan to further liberalise Foreign Direct Investment (FDI) in the construction sector and open up FDI in the
On 20 January, the Union Cabinet approved the setting up of an electric locomotive factory at Madhepura and a diesel locomotive factory at Marhowra in Bihar at an estimated cost of Rs.
The Department of Industrial Policy and Promotion (DIPP) has proposed 100 per cent foreign direct investment (FDI) through automatic route in the cash-starved railway sector. FDI is likely to be
Director of United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Nagesh Kumar and other delegates, after attending the regional conference in Pakistan, on strengthening
The plan to construct a bridge parallel to Govindpuri bridge will be jointly done by North Central Railways and Setu Nirman Nigam. The railways will be erecting the pillars and laying a slab over it in the
The state government has sought major changes in the implementation of Oval Maidan-Churchgate elevated rail corridor project. The 63-km long corridor has been proposed with the aim to decongest the
The Project Monitoring Group (PMG) was set up in June, after a high level meeting chaired by the Prime Minister, to facilitate and work for resolving specific issues of the stalled large investment projects and
Chennai Metro Rail will start testing its motor coaches and trailers from today. The Tamil Nadu Chief Minister J. Jayalalithaa will be flagging off the test run, according to an official invitation.
India has been under discussion over the High-speed rail for the last 17 years, but appeared to take the first concrete step forward earlier this month, with the signing of a memorandum of
The High Speed Rail Corporation of India Ltd. (HSRC), was formerly formed as a subsidiary of Rail Vikas Nigam Ltd by the union railway minister Mallikarjun at a two day international technical conference on
The new generation of 3-phase locomotives which are in use in Nagpur division at present and working on the state-of-the-art technology not only consumes much less electrical energy in operation but also
The first solar power plant to be set up on the platform's roof of Gurgaon railway station, where the panels will be placed and solar electricity generated. Minister of State for Railways
AFCONS Infrastructure Limited, is a part of Shapoorji Pallonji Group which is the third-largest construction group in India with a group turnover in excess of Rs.120 billion, in a joint venture