Railways Invests Rs 1 Trillion in Safety Assets

20 Dec 2023 CW Team

Railway Minister Ashwini Vaishnaw has disclosed that the Indian Railways has invested a significant Rs 1 trillion in renewing safety assets. This substantial financial commitment underscores the railway's dedication to enhancing safety measures across its vast network.

The substantial investment is directed towards upgrading and modernizing safety infrastructure, which includes critical components such as tracks, signalling systems, and other safety-related assets. The move aligns with the railway's commitment to providing a secure and reliable transportation system for passengers and freight.

Vaishnaw's revelation emphasizes the importance of prioritizing safety in the operation of one of the world's largest railway networks. The infusion of such a substantial amount into safety assets reflects the ongoing efforts to modernize and improve the overall safety standards within the Indian Railways.

As safety remains a paramount concern in the transportation sector, this investment not only enhances the current safety infrastructure but also positions the Indian Railways to meet evolving safety standards and technological advancements. The announcement signals a proactive approach to ensure the well-being of passengers and the efficient functioning of the railway network.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..