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Thursday April 17th 2014

‘Railways’ Archives

Railway Budget 2011-2012 – Highlights

Railway Budget 2011-2012 – Highlights

The text of the Railway Minister, Ms Mamata Banerjee, can be found here in pdf format , We have also given some highlights also.This year Railway Budget really spared Rail commuters and freight users from rate hikes , Ms Mamata Banerjee's latest Railway Budget, which comes just a couple of months before Assembly elections in her home State of West [...]

Prathiba Industries bags Metro Order from Jaipur

Prathiba Industries bags Metro Order from Jaipur

Prathiba Industries has secured a contract for construction of depot cum workshop at mansarovar on east corridor for Stage 1 of Jaipur Metro from DMRC.The project is a join venture with Aparna construction and Estate Private limited.Total value of the contract is 104.97 crores.

Larsen & Toubro bags order worth 1103 crore

Larsen & Toubro bags order worth 1103 crore

Larsen & Toubro informed the market today that the The Railway Business Unit of Larsen & Toubro (L&T) has bagged orders aggregating Rs. 1103 crore from various power plant developers for the construction of Merry-Go-Round Systems and construction of dedicated railway lines to link power plant sites to the main line rail network. Order Details > [...]

Steel Strips Wheels saw 36 Per cent growth in December 2010

Steel Strips Wheels saw 36 Per cent growth in December 2010

Steel Strips Wheels company sawa very good growth in the December 2010 compared to December 2009 , which means there will be good result from them for the Qtr endiong december 2010. >They achieved highest ever production of 9.02 lacs Steel wheel rims during December,2010 as against 6.76 lacs during December, 2009 recording a growth of [...]

Steel Strips & Wheels Ltd receives repeat Export order of 5000 Steel Wheel Rims

Steel Strips Wheels Ltd has informed the market that they have been awarded yet another business by leading suppliers based in Germany catering to the European after market. These orders are repeat. First order is appx 5,000 wheels with a foreign exchange earning of nearly Euros 55,000. SSWL is pretty confident of getting repeat business from [...]

Hindustan Construction bags order worth 118.24 crore

Hindustan Construction Company Ltd has informed the market that the company has bagged orders as part of the consortium between HCC-CPPL- JV i.e. Hindustan Construction Co. Ltd (HCC) and Coastal Projects Pvt. Ltd (CPP) , the award has been bagged from North Frontier Railway, Maligaon, Guwahati for for Design and Construction of Single Tunnel No.1 [...]

Railway Budget 2010-2011 Speech PDF

Speech of Mamata Banerjee introducing the Railway Budget 2010-11 on 24th February 2010

Railway Budget 2010-2011 Highlights

Railway Budget 2010-2011 Highlights >No hike in freight and passenger fare. >New Janmabhoomi train between Ahmedabad and Udhampur >Concession for children of accredited journalists up to 18 years. >Free journey for cancer patients in sleeper and 3AC; 75 p.c. concession for companion >Concession of Rs 100 on freight rates of food grains [...]

Sical Logisitics bags order worth 163 crore

Sical Logistics infromed the market that Sical Multimodal and Rail Transport LTD which is a wholly own subsidiary of Sical Logisitics bagged order from Hindustan Copper Ltd for multimodal port,train and road logosotocs, the order is worth 163 crore.The contract is for 2 years and iot starts from Jan 1 2010 and there is a chance that it can be [...]

Tantia Constructions bags order worth almost 19.5 crore

Tantia Constructions Ltd has informed the market that the company has bagged order from Eastern Railway, Constructions Department Kolkata in the name of TANTIA-EDCL (JV), the order is for earthwork in filing with required compaction in Rly. embankment, approach road/ back filing of platform wall , blanketing, turfing, construction of Minor Bridges [...]

Alstom Projects bags order worth 187 crore

Alstom Projects bags order worth 187 crore

Alstom Projects India Ltd has informed the market that alsthom as part of constium of other company like sumitomo corporation and thales security solution has bagged order worth totally 563.40 crore and alsthom contract is worth around 187 crore.The contract is for providing signalling equipment and services for Line 1 & 2 of the new Bangalore [...]

BHEL bags order worth 990 crore

BHEL informed the market that it has bagged single-largest order in Transportation business for 150 Mainline Electric Locomotives from Indian Railways .The value of the order is Rs.990 crore , and the order is for 150 numbers 5000 HP 25 kV AC mainline electric locomotives (type WAG -7) is also the highest value single order received by BHEL from [...]

Reliance Infrastructure bags 11000 crore Mumbai Metro 2 project as part of consortium

we already know that Reliance infrastucture is already part of the Mumbai Metro 1 Project and now asa copnsortium of Reliance Infrastructure , Reliance Communications, and Canada's SNC-Lavalin it has won the Mumbai Metro II project to link Navi Mumbai and Charkop and Mankhurd in suburban Mumbai.this project is 32 kilometre Metro-II line from [...]

Reliance Infra soars by 9 Percent on Buzz of order win

Reliance infrastructure is up by 9 percent or so after the news that reliance infra might bid again for the Hyderabad Metro rail project , orginally the order was awarded for Maytas Infra and now it has been revoked and Government of hyderabad might start opening the Bid again , Reliance infra was one of the main company which was showing keen [...]

Railway Budget 2009-2010 – Highlights

Just got after a long work and checked my portfolio specifically for the Railway stocks that i recommended before the railway budget .None of them are in green everything came down today .That itself tells us that there is nothing in this budget for wagon making or any other railway stocks so we will see what is this year highlights. 2009-2010 [...]

Railway Stocks to pick before Railway Budget 2009-2010

Railways related and direct stocks are having very good time , as the the Railway Budget date is nearing , one of the main stock to be noted here is Texmaco , it has gone up by more than 60 to 70 percent in just 2 weeks , time , they have a order book of almost 1300 crores.Anpther notes stock is kalindee rail nirman is also up by almost 60 [...]

Railway Budget 2009 – 2010 – Interim Railway Budget 2009-2010 Highlights

>This is Railway Minister Lalu Prasad 's sixth Railway Budget >Railways reported Rs 25,000 cr cash surplus last year >Revenues have risen by 39 paise a tonne/km since 2001 >Costs have fallen by 7 paise a tonne/km since 2001 >Railways in Nov '08 got 100 million dollar loan at 4% >Railways has earned profit of Rs 90,000 Cr >Recorded profits [...]

BEML bags order worth 1672 crore from Bangalore Metro Rail

BEML, informed the market today that they have bagged order worth 1672 crore from Bangalore Metro Rail Corporation ,BEMl being one of the only manufacturing company dealing with Metro Rail cars thjey are winning projects from every state that are planning to have metro rail added.More orders are going to flow through the companies order book.

Kalindee Rail Nirmal secures order worth 100 crore

Kalindee Rail Nirmal Engineers informed the market that they have won Orders worth Rs 99.99 Crores from Delhi Airpot Express line project .The Company is also in receipt of other work order of Rs 7.66 crores from RVNL, New Delhi and the Company is the lowest bidder in work contracts from South East Central Railway valued about Rs 40.46 crores.So [...]

Larsen Toubro and Scomi togeather bags order worth 2460 Crore MonoRail Project

Larsen Toubro and Scomi togeather bags order worth 2460 Crore MonoRail Project

Larsen & Toubro Ltd (L&T) informed the market today that Larsen and Toubro togeather woth Scomi had bagged Rs 24.6 Billion order or 2460 crore order from Mumbai Metropolitan Region Development Authority (MMRDA) to implement the country's first monorail system in Mumbai.We already know that Larsen Toubro is one of the best engineering & [...]

Kernex Microsystems India bags order worth almost 80 crores

Kernex Microsystems India bags order worth almost 80 crores

Kernex microsystem informed the market that it had one a contract on November 05, 2008 after market hours and its from Egyptian National Railways (ENR), Egypt for developing of 136 Level Crossings for Egyptian National Railways.The railway contract is worth about 17.50 Million US Dollars which includes the supply also. The project is [...]

Maytas Infra awarded concession for Undertaking hyderabad Metro Rail Project

Maytas Infra Ltd has informed the market that they as part of the consortium of Nava Bharat Ventures Ltd, Maytas Infra Ltd, Italian-Thai Development Public Company Ltd and Infrastructure Leasing & Financial Services Ltd ("NMII Consortium") has been awarded the Concession for undertaking the development of the Hyderabad Metro Rail (MRTS) [...]