Praveen Kumar Singh The Indian Express Group

Praveen Kumar Singh-

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  • Joint sector model is flawed: Rail minister

    Thursday 26 Jan '12Capacity expansion plans of the cash-strapped Indian Railways was supposed to hinge on the public-private partnership model, with two former railway ministers — Lalu Prasad and Mamata Banerjee — endorsing it.
  • Current revenue model not sustainable for railways

    Thursday 26 Jan '12As the finances of Indian Railways continue to deteriorate, the national transporter is staring at a major crisis.
  • Port corporatisation plan rejigged, Haldia lower on priority list

    Wednesday 25 Jan '12The shipping ministry has rejigged its plan to corporatise the 12 major ports under the Centre’s control by placing the Haldia Dock Complex lower on the corporatisation priority list.
  • Rlys to hike passenger fares after nine years

    Monday 23 Jan '12Railway minister Dinesh Trivedi is likely to announce a hike in passenger fares in the upcoming rail budget as the national transporter struggles to make ends meet.
  • Railways begins talks with SAIL for coach factory

    Monday 16 Jan '12Indian Railways has started negotiations with public sector Steel Authority of India Ltd for a Cabinet-approved project to construct a coach manufacturing factory at Kanchrapara.
  • Shipping min to invest R2.78 lakh crore by ’20

    Monday 16 Jan '12In an attempt to bring back investor interest in port projects, the shipping ministry has released a long-term development plan for the sector envisaging investment of more than R2.78 lakh crore by year 2020.
  • Pratibha puts SAW pipe business on the block for R110 crore

    Wednesday 11 Jan '12Pratibha Industries, a flagship firm of Pratibha Group, is searching for buyers for its SAW pipe manufacturing business as it plans to reduce costs and improve net profit margin.
  • Road min mulls mulls new authority to monitor tolls mulls new

    Thursday 05 Jan '12The ministry of road transport and highways has proposed setting up an independent regulator...
  • Bidders object to changes in loco project documents

    Tuesday 03 Jan '12Companies, shortlisted for financial bidding for two locomotive factories in Bihar, have objected to proposed changes in project documents by Indian Railways.
  • 10% service tax on railway freight from tomorrow

    Saturday 31 Dec '11New Year 2012 will bring bad news for certain sections of the industry as the government has decided to impose a 10% service tax on movement of freight through railways from January 1.
  • Coastal shipping open to foreign vessels: AG

    Thursday 29 Dec '11DP World, which operates India’s sole transhipment hub at Vallarpadam in Kochi, can breathe easy now as Attorney General of India GE Vahanvati has nullified the very basis of a debate on allowing unrestricted entry of foreign vessels in the country.
  • Road ministry eyes ad valorem fuel cess

    Tuesday 27 Dec '11Hoping to benefit from high crude prices, the road transport and highways ministry has proposed that road cess be levied as a percentage of the price of petrol and high-speed diesel sold in the country, rather than as a fixed impost per litre of the fuels as at present. The ministry, which oversees public-private partnership projects in the road sector, told the Planning Commission that since budgetary outlay for road building is likely to shrink due to fiscal stress, an ad valorem cess would help the ministry meet its ends.
  • Infrastructure bonds to raise R30,000 crore by Jan end

    Saturday 24 Dec '11Indian Railway Finance Corporation, Housing & Urban Development Corporation, Power Finance Corporation and National Highways Authority of India will together raise R30,000 crore through tax-free bonds by end of January.
  • NHAI to launch bond issue of R10,000 crore to part-finance projects

    Friday 23 Dec '11National Highways Authority of India will launch a bond issue on December 28 to raise R10,000 crore to part-finance highway construction projects.
  • Realty bait to lure cos to highway projects

    Wednesday 21 Dec '11To boost the viability of road products without adding to fiscal stress and in order to attract big corporations into the sector, the government has drawn up a new scheme of ultra mega road projects, where firms will have the right to develop real estate alongside the stretches.
  • Role of bureaucrats in NHAI may be cut

    Tuesday 20 Dec '11The government on Monday proposed to cut down the role of babus in overall running of the National Highways Authority of India to ensure efficiency and prevent nexus between bureaucrats and contractors.
  • NH projects beating deadline may get incentives

    Monday 19 Dec '11National highway contractors will start getting pecuniary rewards for early completion of work if a proposal by the Planning Commission is accepted by the road ministry and the National Highways Authority of India
  • DFCCIL to double train size for trebling load capacity

    Saturday 17 Dec '11Dedicated Freight Corridor Corporation of India plans to run trains double the size envisaged earlier thus more than tripling the loading capacity and improving its operating margin to 15% from the below 10% from stretches that are exclusively meant for transport of goods.
  • Differences on contract modalities is a roadblock in the highways sector

    Wednesday 14 Dec '11Building 20 km of roads per day is proving to be a lot more difficult than envisaged by the government.