Browsing Tag
Indian Railways
87 posts
Cabinet approves 78-day railway bonus for 11.4 lakh employees before festive season
India's Union Cabinet has approved a ₹2,009.61 crore productivity-linked bonus covering 11,40,770 eligible railway employees. The payment is equivalent to 78 days' wages, with a maximum of ₹17,951 per worker. The announcement follows record freight loading and comes ahead of major festive-season spending.
Supreme Court orders mandatory insurance for Indian Railways tickets from October 27
India's Supreme Court has directed Indian Railways to provide insurance coverage for counter-booked tickets from October 27, addressing a protection gap between offline and online passengers. The order follows judicial scrutiny of railway safety after the 2023 Odisha disaster. Implementation details will determine how the coverage reaches ordinary travellers.
IRCON wins Rs 862cr railway contract as Q1 profit falls 44% despite revenue growth
Ircon International Limited has secured a ₹862.46 crore railway infrastructure contract from East Central Railway, strengthening its order pipeline while weaker margins and rising finance costs remain concerns for investors.
BEML (NSE: BEML) wins Rs 180.6cr Vande Bharat sleeper order from Integral Coach Factory
The additional ₹180.60 crore manufacturing order expands BEML’s role in the Vande Bharat sleeper programme, which the Indian government says is ultimately planned to encompass 260 trainsets.
Four rail projects and Bihar highway secure Rs 13,041cr Cabinet approval
The Union Cabinet has approved four railway multitracking projects and an 82.6-km Bihar highway with combined investment of about ₹13,041 crore, targeting congested freight corridors and faster road connectivity.
Titagarh Rail gets full traction motor vendor approval, but the 1,200-unit number is not an order
Titagarh Rail Systems Limited can now compete as an approved Indian Railways vendor for up to 1,200 locomotive traction motors annually. The milestone strengthens a propulsion business already dispatching hundreds of motors, but actual orders and passenger rail execution will determine the earnings impact.
IRCTC catering drove 88% of Q1 revenue growth, but profit barely moved
Indian Railway Catering and Tourism Corporation Limited grew Q1 FY27 revenue 18%, but profit stayed near ₹330 crore as catering became a much larger part of the mix and internet-ticketing margins weakened. Rising UPI usage now adds another monetisation challenge to its dominant railway platform.
Matrix Geo Solutions has a new rail order, so why is MGSL still near its 52-week low?
Matrix Geo Solutions is expanding its Indian Railways portfolio with a precision track-alignment survey in Pune, although the contract’s financial impact depends on disciplined execution and timely collections.
Can a Rs 135cr flyover solve Rourkela’s freight bottleneck before steel traffic surges?
The 4.59 km Bondamunda rail flyover is designed to remove a critical operating conflict between freight and passenger trains while supporting higher steel and mineral traffic across Odisha’s industrial belt.
Can Kernex Microsystems turn India’s Kavach rollout into a durable rail technology growth story?
Find out how Kernex Microsystems’ ₹173 crore Southern Railway Kavach order could shape its rail safety growth story and stock sentiment.