RAIL COACH FACTORY
Smallcap rail stock hit 5% upper circuit on winning orders from Indian Railways
Oriental Rail Infra Stock: Under the terms of the contract, 95% of the contract value will be disbursed upon receipt of an inspection certificate from the nominated agency and proof of dispatch or delivery of the materials. The remaining 5% will be paid after the goods are received, inspected, and officially accepted.
Minister & Policy Continuity: Will it lead to re-rating getting sustained ? 7 stocks of railway’s ecosystem.
While it became clear on the day of the election result only that the same government is going to continue. Some doubts were raised as to whether there would be a shift in policy focus. A part of the answer has come in the form of portfolio allocation. Some of the key sectors which mattered to the street because they had seen a re-rating and valuations are high, the continuation with the same minister is an indication that government is clearly focussed on continuation not only with a policy focus but it also does not want to waste time in getting a new minister and spending time in him/ her understanding the core work. Now this should bring relief to some companies as their projected plans and workflow will continue. Which means that expected growth which the market has put in its estimates of earning has a high probability of continuing.
'Made in India' bullet trains with top speed of 250 kmph in making
The Indian Railways has assigned the Integral Coach Factory (ICF) to manufacture two standard-gauge bullet trains this fiscal year, aiming to address delays in negotiations with Japanese suppliers over costs. These bullet trains, capable of speeds up to 250 kmph, will operate on the Mumbai-Ahmedabad High-Speed Rail corridor. Built on the Vande Bharat platform, the trains face tight delivery timelines. The project has been delayed due to land acquisition issues, and experts believe achieving the target speed within this fiscal year is challenging.
Ground report: How safe is last remaining ‘Gandhi seat’ in UP?
In the family pocket borough of Rae Bareli, Sonia Gandhi has stepped aside for son Rahul. His challenger is a former Congress loyalist who is now a minister in the Yogi govt
In Rae Bareli, its a fight between Gandhi legacy and Yogi-Modi double engine
The elections in Rae Bareli revolve around the Gandhis' legacy, BJP's challenge, and critical issues like development and employment. The political dynamics, including key players like Amit Shah and Modi, and the influence of the caste matrix, shape the electoral narrative.
Congress leader Priyanka Gandhi Vadra questions Amit Shah, BJP over Raebareli's progress
Congress leader Priyanka Gandhi Vadra has criticised the Bharatiya Janata Party (BJP) and Home Minister Amit Shah for what she perceives as a lack of progress in Raebareli. In a statement on Sunday, she questioned the BJP's contributions to the development of the region.
Raebareli karmabhoomi of my mother & grandmother: Rahul Gandhi
Rahul Gandhi, addressing his first election meeting in Rae Bareli after his nomination, emphasized his family's longstanding commitment to the constituency, contrasting it with what he perceives as Prime Minister Modi's favoritism towards corporate giants. He criticized the Modi government for allegedly favoring industrialists over common citizens, claiming massive loan waivers for a select few. Rahul highlighted the contributions of his grandmother Indira Gandhi, father Rajiv Gandhi, and mother Sonia Gandhi in improving the lives of Rae Bareli's residents.
Is PM Modi's promise for Madiga sub-quota in Telangana just a 'jumla'?, asks Congress
Congress general secretary Jairam Ramesh questioned Prime Minister Narendra Modi's stance on various promises made in Telangana, including the sub-quota for the Madiga caste, the establishment of a rail coach factory at Kazipet, and the Bayyaram Steel Plant and Hyderabad Information Technology Investment Region (ITIR) projects. Ramesh criticized Modi for not fulfilling these promises and accused him of making empty commitments.
First Vande Bharat Metro train set rolls out: Watch first-look video here
A milestone achievement occurred as Punjab's Kapurthala factory unveiled the inaugural Vande Bharat Metro coaches, heralding a new era in Indian rail development. Scheduled for July testing, these trains promise efficient travel with a 100-250 km range and expandable configuration. Initial plans envision 50 trains, adaptable to 400, aimed at connecting major cities. Further innovations include sleeper variants and increased speeds, signaling a transformative shift in Indian rail infrastructure.
Now, India is shooting for home-made bullet trains
India is developing a home-built bullet train exceeding 250 kmph, using Vande Bharat platform technology by ICF, Chennai. The project integrates Indian tech and domestic manufacturing, funded by JICA with completed pier work and land acquisition for the Mumbai-Ahmedabad High Speed Rail project.
Railways’ 100-day plan for new govt: Vande Bharat sleeper coaches, pending J&K rail projects on agenda
Chennai's Integral Coach Factory (ICF), a unit of Indian Railways, is readying the sleeper variant Vande Bharat trains. These trains will be put into service for long-distance overnight journeys soon after the next government takes charge, the officials said. The Vande Bharat trains currently being used have only chair seating, limiting their use to daytime routes which are covered in a few hours. The sleeper variants will bring offer more comfort for passengers undertaking longer journeys.
PM Modi dedicates to nation Marathwada Rail Coach Factory, launches various projects in Maharashtra
Prime Minister Narendra Modi dedicated the Marathwada Rail Coach Factory, a wagon repair workshop, and various railway projects in Maharashtra. He also inaugurated Jan Aushadi Kendras and rail coach restaurants, ensuring employment opportunities and supply of Vande Bharat Train sets.
RCF aims to roll out first prototype of Vande Metro coach by April, says its general manager
The Rail Coach Factory (RCF) in Punjab is set to release the first prototype of the Vande Metro coach for intercity travel by April 2021. The train, designed on the concept of India's first indigenous semi-high-speed train Vande Bharat, will cater to intercity passengers covering up to 250 km. Each coach will have 16 air-conditioned coaches and can run at a maximum speed of 130 km per hour.
Vande Bharat sleeper train coming soon, first prototype to be released in the next few weeks
The prototype of the sleeper version of the Vande Bharat train is set to be completed by mid-October at the BEML factory in Bengaluru. The design of the prototype will feature eleven AC III tier coaches and four AC II tier coaches, with an emphasis on aesthetics, safety, and passenger experience. Once the prototype is approved, the manufacturing process will begin, with BEML and BHEL-Titagarh Wagons JV tasked with producing a total of 80 rakes.
Vande Bharat sleeper coach and Vande Metro to be rolled out by next year
India's Integral Coach Factory (ICF) is aiming to roll out the country's first Vande Bharat sleeper train in March 2024. The ICF is also working on the Vande Metro, a 12-coach train for short-distance travel, which is expected to be launched in January 2024. Currently, the Vande Bharat trains are all seater coaches, making them unsuitable for overnight journeys. The Vande Bharat Express, India's semi-high-speed train, was first introduced in 2019 and has since become popular for its modern amenities and reduced travel time.
Vande Bharat sleeper trains by March 2024: Ashwini Vaishnaw
The Indian railways minister has announced that the first sleeper variant of Vande Bharat trains will launch in March 2024, with the Integral Coach Factory developing the design by December of this year. Around 22 Vande Bharat trains are currently being made as per the schedule, with plans to allow the trains to be used for overnight and longer distance travel. Bids for further Vande Bharat trains are also at various stages of completion.
Deccan Queen completes 93 years of service, rail enthusiasts celebrate by cutting cakes at Pune station
Rail enthusiasts and authorities celebrated the occasion with a lot of zeal and cut two big cakes at the Pune railway station on Thursday morning before the Deccan Queen departed for the Chhatrapati Shivaji Maharaj Terminus in Mumbai.
Vande Bharat Train: Kapurthala Rail Coach Factory fails to deliver even one train set against target of 32 for FY 22-23
Railways' premier production unit, the Rail Coach Factory, Kapurthala, failed to deliver even one Vande Bharat train in 2022-23 against a projected target of 32, documents have revealed, with the unit blaming its suppliers for not providing electrical components for the train sets.
Kalka-Simla Railway to get modern coaches
Currently, the Kalka-Simla Railway - also a UNESCO World Heritage Site - uses coach designs that were made over hundred years ago by Moghalpura Workshop, which is now a part of Pakistan Railway.
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