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Railways

RITES IPO oversubscribed by 67.17 times

The initial public offering (IPO) of RITES Limited was oversubscribed 67.17 times. The issue reportedly received total bids of about 1.7 billion  shares against the total issue size of 25.2 million shares. The qualified institutional […]

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Railways

IR launches NGeT system

Indian Railway (IR) online travel portal has launched the NGeT (next-generation e-ticketing) system, the beta version of its new user interface.  NGet allows passengers to check train availability without login; and offers enhanced class-wise, train-wise, […]

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Railways

MoR flags off new trains

Northeast Frontier Railway began operations of the Parcel Cargo Express Train (PCET) on a fortnightly basis in May 2018. The train connects the Northeast to the western part of the country, from new Guwahati in […]

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Railways

IR plans to roll out smart coaches

Indian Railways (IR) is planning to roll out modern train coaches equipped with black boxes, and coach information and diagnostics systems soon. The black boxes will have a powerful multidimensional communication interface to provide all […]