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BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

PLI railway push for local manufacturing of components for Vande Bharat & LHB

The PLI scheme is for a three-year period, with projected incentives of Rs 10-15 billion.Read more

Railways to revise Rs 310 billion wagon procurement plan after MI contract fail

The wagons - which are used for transporting crucial commodities such coal and iron ore on the rail network - were to be supplied at Rs 3.19-3.63 million per unit depending on the specifications issued by the railways.Read more

Ministry of Railways orders 2,237 Wagons from Jupiter Wagons worth Rs 957 cr

The offer letter has been received from the Ministry of Railways, the wagon manufacturer said in an exchange filingRead more

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