RBI Rejects Edelweiss ARC CEO's Reappointment Amid Acquisition Restrictions

Saarstahl Rail to Supply Tracks for Bengaluru Suburban Rail Project

Rail Infrastructure Development Company Karnataka Limited (K-RIDE) has identified Saarstahl Rail as the lowest bidder for the track supply contract in the Bangalore Suburban Railway Project. The selected contractor will be responsible for supplying 60E1 (UIC 60), 1080 HH Grade rails in accordance with IRS-T-12-2009 standards (including all amendments and correction slips) for two specific sections: Corridor 2, from Baiyappanahalli to Chikkabanavara, and Corridor 4, between Heelalige and Rajankunte.The tender for this supply contract, which includes a completion deadline of 365 days, was issued..

Railways Unveils Major Reforms to Improve Train Controller System

In a major initiative to enhance railway safety and efficiency, the Ministry of Railways has introduced a series of reforms aimed at improving the functioning and working conditions of train controllers. The measures focus on strengthening domain expertise, ensuring performance accountability, and addressing the high-stress nature of the job.Under the new guidelines, train controllers will be required to serve a minimum of three years in the control office to build sufficient operational knowledge. Only experienced and high-performing traffic inspectors and station masters with strong service ..

Adani Ports, JSW to Ink Odisha Port Deals Worth Rs 180 Bn

Adani Ports and Special Economic Zone (APSEZ) and JSW Infrastructure are preparing to sign agreements with the Odisha government for the development of Gopalpur and Jatadhar Muhan ports, involving a total investment of approximately Rs 180 billion. These projects are expected to play a key role in strengthening Odisha’s industrial infrastructure, enhancing employment opportunities, and advancing the state's ambition to become a major logistics and industrial hub on India’s eastern coast.APSEZ, India’s largest private port operator, plans to invest around Rs 15,000 crore in the developmen..