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Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead 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

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

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.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

Indian to unveil first hydrogen train by year-end

The government plans to release 50 hydrogen trains by 2047.Read more

CG Power acquires majority stake in GG Tronics for Rs 3.19 billion

The collaboration will leverage CG Power’s manufacturing, engineering, and project management expertise alongside GGT’s specialised knowledge in railway transport safety and embedded systems, particularly the ‘KAVACH’ train collision avoidance system.Read more

Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion

This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more

BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August

Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more

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