MNCs Approved for Advanced Train Collision System on Indian Railways

04 Dec 2023 CW Team

International companies have gained official clearance to introduce advanced train collision avoidance systems on the Indian Railways network. This approval signals a collaborative effort to modernise safety measures and bring about technological advancements in the railway sector, addressing the critical issue of preventing train collisions.

The sanctioned deployment of these advanced systems underscores a commitment to upgrading the safety infrastructure of Indian Railways. The collaboration with multinational corporations reflects a shared vision to leverage global expertise in developing and implementing cutting-edge solutions that align with international safety standards.

The introduction of the collision avoidance system is expected to bring a paradigm shift in railway safety, utilising sophisticated technology to prevent accidents and enhance overall operational security. As the Indian Railways embraces these advancements, it positions itself as a frontrunner in adopting state-of-the-art safety measures for the benefit of passengers and the efficient functioning of the rail network.

This collaboration between MNCs and Indian Railways represents a pivotal moment in the modernisation journey of the country's railway system, highlighting the importance of international cooperation in ensuring the highest standards of safety and operational excellence.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..