Govt within its rights to waive interest on dues of telcos: Harish Salve
Referring to the inclusion of components such as trade discounts, discounts on prepaid tariffs and forex fluctuations in the computation of AGR, Salve in his legal opinion said that in the past, the telecom tribunal headed by a retired judge had held that the demands of the government were “illegal”.
Rail services resume in Kashmir Valley, people throng Sunday flea market in Srinagar
Railway services were resumed in Kashmir valley after th...
Rail board to hike meal prices on Rajdhani, Shatabdi, Duronto trains
According to the new order, in first class AC, tea will cost Rs 35, up b...
Railways forms committee to study feasibility of creating rail divisions in Jammu, Gulbarga, Silchar
The committee, comprising senior railway officials, has been given the mandate to analyse and review afresh, the feasibility, financial implications, administrative issues, infrastructural availability for creating the new divisions and submit a report by the month-end.
Rail service in Kashmir resume, mini buses on roads in valley
A railway official told PTI that a train chugged between Baramulla and Srinagar this morning. The train service in the valley was suspended due to security reasons on the morning of 5 August – hours before the Centre announced its decision to abrogate Article 370 of the Constitution and to bifurcate the erstwhile state into two Union territories.
KEC International bags new orders of Rs 2,255 cr
In its urban transportation business, the company bagged an order of Rs 853 crore for the construction of elevated viaduct along with 10 stations of the Delhi Metro Phase IV project, from Delhi Metro Rail Corporation (DMRC).
Uppal Housing moves High Court to know if landowner can be called promoter
Uppal Housing is the landowner of Winter Hills, a residential project of builder Umang Realtech at Dwarka Mor in Delhi. Now, the Appellate Tribunal of Delhi Real Estate Regulatory Authority (RERA) has imposed liability of a promoter on Uppal Housing after some homebuyers filed a complaint on delay in delivery.
One more Halt for Suburban Rail Project
“In order to fast-track the Bengaluru Suburban Rail, the extended Railway Board met today and has given its clearance. In this regard, I assure the people of Bengaluru that Piyush Goyal (Railway Minister) and I shall make all efforts to ensure the project is brought to fruition at the earliest,” Union minister of state for Railways Suresh Angadi said.
RailTel IPO process gains momentum
According to sources, the IPO will hit the market around mid-January 2020.
L&T bags orders worth Rs 2,500 cr from government entities
From Jharkhand government, L&T bagged and engineering, procurement and construction order from the Jharkhand Urban Infrastructure Development Company. In West Bengal, the company got an order from State Project Management Unit for flood protection works and embankment strengthening of Damodar river in East Bardhhaman and Hooghly districts.
Donald Trump rails against impeachment, defends Fla. move
President Donald Trump remained defiant as House committees try to determine if he violated his oath of office by asking a foreign country t...
KEC International wins orders worth Rs 1,807 crore from rail, power T&D
The orders include railway jobs worth business Rs 1,303 crore for overhead electrification of railway lines and associated civil works, construction of road over bridges, roadbeds, major and minor bridges. Its arm SAE Towers have also bagged orders worth Rs 283 crore for power transmission and distribution projects in India, East Asia Pacific and the Americas.
IRCTC IPO subscribed 111 times so far on Day 3
IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times to its FY19 EPS of Rs 17.
Merkel visits Delhi metro station, fitted with Germany-funded solar panel
Merkel visited the terrace of the metro station where she was briefed by officials of the DMRC about the solar project. The Frankfurt-based bank has also offered soft loans for other projects in India, including the Clean Ganga Mission. The chancellor spent nearly 30 minutes at the station and also interacted with an e-auto driver.
Railways to have only high-speed and semi-high speed network: Chairman Railway Board
Apart from the eastern and western dedicated freight corridors (DFCs) which are to be sanctioned by December 2021, the national transporter has already began work on three more DFCs as it looks to decongest passenger train network.
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