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Railway stocks to be in focus as FM Sitharaman reviews capex plan

The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more

Six additional Vande Bharat trains expected to be rolled out by month-end

The Vande Bharat trains have now become the fastest point-to-point services in the country, offering passenger amenities that rival those of airlines and setting new standards in rail travel.Read more

BEML launches prototype for driverless metro trainsets for BMRCL

BEML secured the contract in August 2023, valued at Rs 31.77 billion, for designing, manufacturing, supplying, installing, testing, and commissioning 53 trainsets. Read more

Indian Railways to use nuclear power for green energy push

IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more

Apple begins training workers for Made-in-India iPhone Pro models

Additionally, Apple is expected to make the made-in-India standard iPhone 16 available on the same day as its worldwide release, according to the source.Read more

Indian Railways reduces Vande Bharat orders, introduces 24-coach sets

The manufacturing will be handled by Kinet Railway Solutions, a joint venture between India’s RVNL, Russian engineering firm Metrowagonmash, and LES, with a 25:70:5 ownership ratio.Read more

Indian Railways cancels tender for 100 Vande Bharat trains

Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more

BEML to expand Vande Bharat and metro trains; boost export revenue to 10%

The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more

Kavach 4.0 tenders to be issued for 20,000 locomotives for 2024

The initial tenders cover the Delhi-Chennai and Mumbai-Chennai routes, totalling 3,300 Rkm, as well as key automatic sections spanning 5,000 Rkm. Read more

ABB India and ESSCI make smart centre for electrician training in Haryana

The electrician training initiative will involve an end-to-end program management solution to screen and select the right candidates, train them, and provide job opportunities locally.Read more

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