The Rail Land Development Authority will invite bids for commercial development of 30 land parcels by mid-April, adding that the transporter's potential receipts as lease rentals from these land parcels could be around Rs 7,0
To put the station redevelopment programme on track, Indian Railways is likely to infuse equity into its arm Indian Railway Stations Development Corporation, which is the designated nodal executing agency, so that the latter
The Indian Oil Corporation, which is making a massive investment for the Paradip integrated refinery — around Rs 15,000 cr on petrochemicals — plans to pump in another Rs 32,000 crore on petrochemical capacity until 2022-
This comes a day after Union petroleum minister Dharmendra Pradhan said the country has offered Saudi Arabia a stake in the future strategic oil reserves and has also offered investment opportunities in the west coast refiner
The revived plan of Coal India (CIL) to buy railway wagons to transport fuel is likely to see the transporter pay the miner lease rental for the rolling stock, similar to the arrangement the Indian Railways has with its arm I
To set in motion a revamped station redevelopment programme, the ministry of railways is seeking approval to nominate public-sector undertakings (PSUs) in case the proposed nodal agency, its arm Indian Railway Stations Develo
According to an analyst with a consultancy firm, while higher exposure to loans is not a problem per se if they can be serviced, IR lacks focus and pragmatism in PPP ventures and will have to redo schemes.
Amid reports that GAIL (India) may be split into marketing and gas pipeline verticals, Indian Oil (IOC)—which has shown interest in acquiring the gas utility—reckons that either divisions or the total business of GAIL off
Almost a year after petroleum minister Dharmendra Pradhan tweeted that the ministry of petroleum and natural was exploring ways for home delivery of motor fuels, a pilot is expected to be started soon as required permissions
Budget 2018: Finance secretary Hasmukh Adhia has already gone on record to state that if crude hardens, the government would indeed consider cutting the excise duties on petrol and diesel to give relief to consumers and avoid
Budget 2018: "The Mumbai transport system, which is the lifeline of the city, will be expanded and augmented to add 90 km of double line track at the cost of Rs 11,000 crore. An additional 150 km of suburban network is also b
Budget 2018: While the Indian Railways got a three-fold hike in its capex at Rs 1,46,500 crore as compared to 2013-14, the key area of concern remains its deteriorating operating ratio which in the revised estimates for FY18.
The latest decision by the Indian Railways to rationalise the tariff structure for coal transportation is expected to benefit independent power producers (IPPs) with a generation capacity of about 22,000 mega watt (MW).
Investment by Indian exploring companies in Mozambique gas field is unlikely to see any returns till 2022. This is due to instability in the host nation and not-so-keen approach by other consortium partners and no signs of a
In comparison, around 20,000, or 36%, retail outlets across the country of the 55,000-odd are on A-site. An OMC executive close to the development claims that the additional rental burden in Delhi will make retailing unviable
The Core Group of Secretaries on Disinvestment (CGD) headed by the Cabinet secretary has approved the broad contours of Oil and Natural Gas Corporation’s proposed acquisition of the government’s 51.11% stake in Hindustan
In what could be termed as one of the most ambitious plans of the Indian Railways, the transporter is set to commission a feasibility and cost study for elevated railway tracks across the 10,000 km length of the Golden Quadri
To tackle the issue of non-movement of freight, especially coal, and passengers on the Dhanbad-Chandrapura railway section in Jharkhand, the Indian Railways has planned to lay a diverted railway route.
The ministry of railways has approached the ministry of corporate affairs to fix a tax liability issue of Indian Railway Finance Corporation (IRFC) which is affecting the net worth of the company, making it unattractive for l