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As On 14-Aug-2018
SENSEX
37,896.38
251.48 (0.67%)
NIFTY
11,440.90
85.15 (0.75%)
EQUITY
    No Companies Visited

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  • Railways to implement EPC mode for undertaking works

    All works above Rs 300 crore will be awarded on this mode

    The Minister of Railways, Suresh Prabhu has said that Engineering Procurement and Construction (EPC) mode will be implemented for allotting works to ensure participation of large professional players and minimizing cost and time overruns. While introducing the Railway Budget for 2016-17 in Parliament, the Minister said that at least 20 projects in the next financial year will be taken up on this mode of contracting and all works above Rs 300 crore will be awarded on this mode.

    The Minister said that Indian Railways will seek services of private parties in non-operational areas such as cleaning, facility management etc. He also said technological solutions for project management and monitoring will also be taken up. The latest Drone and Geo Spatial based satellite technology will be used to monitor physical progress across major projects and also the progress on Dedicated Freight Corridor, he added.

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Flash News 14-Aug-2018
  •  ( 12:20) Negative market breadth  
  •  ( 12:20) Sensex, Nifty firm up once again  
  •  ( 12:07) India's wholesale price inflation eases to 5.09% in July  
  •  ( 11:20) Rupee hits fresh lifetime low of 70 against US dollar  
  •  ( 10:35) Tata Steel cons PAT spurts 109.98% to Rs 1934 crore  
  •  ( 09:56) Asian Granito Q1 cons net profit down 43.05% to Rs 6.35 cr  
  •  ( 08:22) CPI inflation dips to nine-month low of 4.2% in July 2018  
  •  ( 08:18) Navneet Education to consider buyback on 20 August  
  •  ( 08:12) US stocks slide on Turkey currency crisis  
  •  ( 08:11) Asian shares mixed  
Show News
14 August 2018 13:55
373.95
(-0.90 %)
1406.10
(0.55 %)
616.55
(1.86 %)
2639.15
(0.25 %)
366.80
(-0.58 %)
280.80
(0.56 %)
1953.50
(0.38 %)
2100.15
(0.45 %)
3279.45
(-0.79 %)
1748.70
(0.91 %)
330.00
(1.46 %)
1995.95
(0.13 %)
1414.00
(0.32 %)
308.20
(0.75 %)
1297.00
(0.73 %)
1260.50
(-0.63 %)
958.05
(0.42 %)
9136.05
(0.50 %)
157.45
(-0.38 %)
165.80
(-0.21 %)
187.50
(-0.21 %)
1211.25
(2.03 %)
295.40
(0.20 %)
574.25
(2.04 %)
248.40
(-0.06 %)
135.75
(-0.44 %)
572.30
(0.54 %)
2013.60
(0.65 %)
215.20
(-0.39 %)
284.95
(0.80 %)
380.80
(2.61 %)
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