Northeast Frontier Railway Expands Cashless Services

07 Nov 2024 CW Team

The Northeast Frontier Railway (NFR) has implemented cashless transactions at 588 booking counters across its network, making it easier for passengers to book tickets without relying on cash. This initiative aligns with India’s push toward digital payment adoption, aimed at improving convenience and efficiency within the railway sector. With the expansion of cashless options, passengers can now use various digital payment modes, including UPI, debit and credit cards, and digital wallets, to secure bookings at these counters.

This move is expected to streamline booking processes, reduce queues, and minimize the handling of physical currency, contributing to a safer and more hygienic booking experience. It also aligns with the broader goal of the Indian Railways to encourage cashless transactions across its services, which can help improve financial transparency and reduce cash-related administrative burdens. As more travelers become comfortable with digital payments, the NFR anticipates an increase in cashless transactions, leading to greater operational efficiency.

The introduction of cashless facilities in the Northeast Frontier Railway zone is part of a series of initiatives by Indian Railways to enhance passenger experience and modernize services. With increasing digital infrastructure across the railway network, such initiatives are also expected to support the government’s vision of a "Digital India."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..