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As On 19-Apr-2018
SENSEX
34,427.29
95.61 (0.28%)
NIFTY
10,565.30
39.10 (0.37%)
EQUITY
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  • Two new elevated corridors planned for Mumbai suburban train

    Ring Railway System in Delhi to be Reviewed, Suburban Systems to be developed in Bengaluru and Thiruvananthapuram

    The Minister of Railways Suresh Prabhu while presenting Railway Budget 2016-17 in Parliament said that two new corridors for Mumbai suburban train viz. Churchgate- Virar and CSTM – Panvel has been planned. The two corridors will be elevated and will greatly help in reducing the congestion of the Suburban trains. The CSTM – Panvel corridor will be integrated with metro lines for connecting Chhatrapati Shivaji International Airport and proposed Navi Mumbai International Airport. all low level platforms in Mumbai suburban stations in the ensuing financial year to address safety concerns.

    Suresh Prabhu also said that ongoing Metro works in Kolkata of around 100 kms which when completed would quadruple the installed capacity. He was happy to announce that Phase I of East West corridor of Kolkata Metro would be completed by June 2018.

    Suresh Prabhu proposed to review the Ring Railway system in Delhi, comprising 21 stations in partnership with the State Government. He suggested a new investment framework in which Indian Railways would share equity contribution with the State Governments to ensure cost neutrality on operations.

    Suresh Prabhu proposed to develop suburban systems of Ahmedabad, Hyderabad and Chennai by deploying innovative financing mechanisms. He said that Bengaluru and Thiruvananthapuram warrants a comprehensive suburban system. He appealed to the State Governments to work towards staggering of office timings to reduce peak load on suburban traffic.

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Flash News 19-Apr-2018
  •  ( 15:47) Sensex, Nifty register modest gains on positive global cues  
  •  ( 14:47) IndusInd Bank Q4 PAT up 26.81% at Rs 953.09 cr  
  •  ( 14:24) BP and RIL sanction 2nd phase of integrated KGD6 development  
  •  ( 12:18) Rupee hits 7-month low against the US dollar as oil rises  
  •  ( 11:30) PSU OMCs slump as crude oil boils  
  •  ( 10:37) Metal and mining stocks shine  
  •  ( 09:45) Bharat Dynamics signs licensing agreement with DRDO  
  •  ( 08:06) ACC consol. PAT up 18.48% at Rs 250 crore  
  •  ( 08:03) Asian stocks rise  
  •  ( 07:49) Container Corp to consider stock split on April 30  
Show News
19 April 2018 00:00
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