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GeM has potential to reach Rs 5-7 trillion in GMV: Talleen Kumar

In this interview with Rakesh Rao, Talleen Kumar, IAS, CEO of Government e-Marketplace (GeM), which has annual sales of over Rs 630 billion in gross merchandise value (GMV), explains how GeM is making public procurement more transparent & efficient leading to creation of a vibrant buyer-seller ecosystemRead more

L&T’s power transmission & distribution division bags contacts for multiple projects

Though the combined value of these contracts has not been mentioned by Larsen & Toubro (L&T), the company has indicated that the value of projects is large, which denotes contracts in the Rs 2500 to Rs 5000 crore range. Read more

Hitachi ABB Power Grids wins Rs 120 cr order for Indian Railways electrification

The compny will deliver its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), for the production of 400 passenger and freight locomotive engines.Read more

Gala Precision Engineering develops wedge lock washer— GALLOCK

These washers have been approved by Indian Railways and the company is the first Indian firm to supply wedge lock washers for LHB and ICF railway coaches. Read more

KEC wins orders worth Rs 1,806 crore

The Railway business has secured orders of Rs 1,303 crore in India for overhead electrification of railway lines, construction of road over bridges (ROBs), roadbeds, etc Read more

Lapp India to showcase signalling cable and connectors at IREE 2019

The company’s connector has a standardised design for the railway segment with enhanced durability due to its external weather and UV-resistance technologyRead more

Elgi Equipments launches oil free piston compressors at IREE for railways

These oil free air compressors for the Metro/EMU segment are indigenously developed and bear a lighter construction tag with noiseless operation at less than 66 dbARead more

Trelleborg to showcase anti-vibration technology at IREE for railways

At the International Railway Equipment Exhibition (IREE), the company will showcase how to enhance performance for rail operators through the reduction of noise and vibrationRead more

Budget 2019-20 proposes PPP model for faster development of railways

It is estimated that Rs 50 lakh crores will be needed for railway infrastructure between 2018 and 2030, while capex outlays of Indian Railways are around 1.5 to 1.6 lakh crores per annumRead more

We expect budget 2019-20 to give boost to railways: Suramya Nevatia

In the interim budget, railways got the highest-ever allocation for the year 2019-20, says Suramya Nevatia, CEO, Hind Rectifiers LtdRead more

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