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Wed Feb 22, 2017 14:45:18 ISTHomeTrainsΣChainsAtlasPNRForumGalleryNewsFAQTripsLoginFeedback
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Blog Posts by rdb*^
Page#    21683 Blog Entries  next>>
  
Rail News
0 Followers
115 views
New Facilities/TechnologySWR/South Western  -  
Today (06:56)   New Bengaluru-Hassan line commissioning next week

rdb*^   125985 news posts
Entry# 2173911   News Entry# 294492         Tags   Past Edits
Hassan-Yeshwantpur Intercity Express is the first confirmed train to run after the formal inauguration, the date for which is yet to be announced
The 110-km Nelamangala-Shravanabelagola railway line, part of the new 166-km Bengaluru-Hassan line, is set to be commissioned by South Western Railway (SWR) on February 28.
This follows authorisation given by A.K. Manoharan, Commissioner of Railway Safety, Southern Circle, who inspected the line and conducted speed trials between February 6 and 10. Ashok Gupta, chief administrative officer, Construction, SWR, told The Hindu that the commissioner on Monday issued authorisation to run
...
more...
passenger trains with a maximum speed of 80 kmph.
With this, the hope of the people of Hassan and coastal regions for the shortest rail route to Bengaluru has come true. The project had been announced by Deve Gowda way back in 1996, but the work progressed at a snail’s pace, partly owing to non-availability of land and mostly because of meagre fund allocation by the Railways.
Sharing the cost
In 2010, the then Chief Minister B.S. Yeddyurappa decided to share the cost of ongoing as well as new Railway projects to sped up the work. More funds from the Railways came when D.V. Sadananda Gowda was Railway Minister.
SWR’s chief public relations officer E. Vijaya said the commissioning would be done with a trial run of a passenger train on the section on February 28. The formal inauguration would be done depending upon the dates acceptable for the dignitaries.
New train
As of now, SWR has planned an intercity express between Hassan and Yeshwantpur, leaving Hassan at around 6 a.m. and reaching Yeshwantpur at 9.30 a.m. In the return direction, the train would leave Yeshwantpur at around 6 p.m. and reach Hassan at 9.30 p.m. It is tentatively scheduled to halt at Chikkabanavar, Kunigal, Yediyur, Balagangadhar Nagar, Shravanabelagola and Channarayapatna.
Meanwhile, the zone has sought the Railway Board’s permission to re-route the yet-to-be-introduced Train No. 16575/576 Bengaluru-Mangaluru Kudla Express via the new route. Mr. Sadananda Gowda had announced this train in 2014 to run via Mysuru.
Ms. Vijaya also said three goods trains between Mangaluru and Bengaluru would be diverted via the new section after February 28.
Manpower allocation
Since it is a large section, SWR requires at least 120 workers, including 60 tracks-men and about 35 stations masters. The zone is in the process of identifying personnel for posting and the process could take about a fortnight, Ms. Vijaya said.

  
369 views
Today (09:49)
shuk RAILWAY is my first crush~   544 blog posts   260 correct pred (55% accurate)
Re# 2173911-1            Tags   Past Edits
Keeping my fingers crossed

  
322 views
Today (10:03)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2173911-2            Tags   Past Edits
next week, PM too is expected alongwith Sh Devegowda
  
Rail News
0 Followers
180 views
New Facilities/TechnologySWR/South Western  -  
Today (06:53)   New Bengaluru-Hassan rail line to be commissioned next week

rdb*^   125985 news posts
Entry# 2173704   News Entry# 294489         Tags   Past Edits
The 110-km Nelamangala-Shravanabelagola railway line, part of the new 166-km Bengaluru-Hassan line, is set to be commissioned by South Western Railway (SWR) on February 28.
This follows authorisation given by A.K. Manoharan, Commissioner of Railway Safety, Southern Circle, who inspected the line and conducted speed trials between February 6 and 10. Ashok Gupta, chief administrative officer, Construction, SWR, told The Hindu that the commissioner on Monday issued authorisation to run passenger trains with a maximum speed of 80 kmph.
With this, the hope of the people of Hassan and coastal regions for the
...
more...
shortest rail route to Bengaluru has come true. The project had been announced by Deve Gowda way back in 1996, but the work progressed at a snail’s pace, partly owing to non-availability of land and mostly because of meagre fund allocation by the Railways.
In 2010, the then Chief Minister B.S. Yeddyurappa decided to share the cost of ongoing as well as new Railway projects to sped up the work. More funds from the Railways came when D.V. Sadananda Gowda was Railway Minister.
SWR’s chief public relations officer E. Vijaya said the commissioning would be done with a trial run of a passenger train on the section on February 28. The formal inauguration would be done depending upon the dates acceptable for the dignitaries.
New train
As of now, SWR has planned an intercity express between Hassan and Yeshwantpur, leaving Hassan at around 6 a.m. and reaching Yeshwantpur at 9.30 a.m. In the return direction, the train would leave Yeshwantpur at around 6 p.m. and reach Hassan at 9.30 p.m. It is tentatively scheduled to halt at Chikkabanavar, Kunigal, Yediyur, Balagangadhar Nagar, Shravanabelagola and Channarayapatna.
Meanwhile, the zone has sought the Railway Board’s permission to re-route the yet-to-be-introduced Train No. 16575/576 Bengaluru-Mangaluru Kudla Express via the new route. Mr. Sadananda Gowda had announced this train in 2014 to run via Mysuru.
Ms. Vijaya also said three goods trains between Mangaluru and Bengaluru would be diverted via the new section after February 28.
Since it is a large section, SWR requires at least 120 workers, including 60 tracks-men and about 35 stations masters. The zone is in the process of identifying personnel for posting and the process could take about a fortnight, Ms. Vijaya said.
Modi to be invited for inauguration
Former Prime Minister and Hassan Lok Sabha member H.D. Deve Gowda will invite Prime Minister Narendra Modi to inaugurate the new Hassan-Bengaluru line.
“The Railway Minister (Suresh Prabhu) desires that the line be opened by the Prime Minister and [has] requested me to extend a formal invitation. I’m going to Delhi tomorrow and try to speak the Prime Minister or intimate this to his office,” Mr. Deve Gowda told The Hindu on Tuesday.
× Immediately after coming to power, Mr. Modi had promised to complete the line on priority; it still took about three years. “I am not going to blame anyone for the inordinate delay of 22 years for the completion of the line,” said Mr. Deve Gowda, who had sanctioned the line when he was PM.

  
590 views
Today (06:53)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2173704-1            Tags   Past Edits
Great News!!

  
311 views
Today (09:48)
shuk RAILWAY is my first crush~   544 blog posts   260 correct pred (55% accurate)
Re# 2173704-2            Tags   Past Edits
Great news :-)
  
Predictions: 3
confirm: 2
rac: 0
wl: 1
PREDICT


Journey: Wed Feb 22, 2017 @ 22:20
Class: Sleeper - SL   |   Tot Seats: Avbl >104
Travel: KYN/Kalyan Junction   to   ADI/Ahmedabad Junction   |   487 km / 625 km
11096/Pune Ahmedabad Ahimsa Express (PT)

PNR: 875-xxxxxxx (PRS)   |   Similar PNRs
Entry# 2173596        
Posted Status as of: Yesterday (22:58)
Passenger 1: Waitlist# 12 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 13 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 14 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared
Please analyze this PNR, and predict the final Charting Status. Thanks.

Latest Status as of: Today (14:07) 
Passenger 1: Waitlist# 7 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 8 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 9 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared

Full PNR Status History (4 statuses)
Status as of: Today (12:21)
Passenger 1: Waitlist# 7 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 8 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 9 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared

Status as of: Today (10:08)
Passenger 1: Waitlist# 8 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 9 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 10 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared

Status as of: Today (03:45)
Passenger 1: Waitlist# 10 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 11 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 12 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared

Status as of: Yesterday (22:50)
Passenger 1: Waitlist# 12 (Booking Status: W/L 92,GNWL)
Passenger 2: Waitlist# 13 (Booking Status: W/L 93,GNWL)
Passenger 3: Waitlist# 14 (Booking Status: W/L 94,GNWL)
Total Fare:  1035
Chart NOT Prepared


Predictions

wlYesterday (23:07)Back to my world whe...2 corr (100% acc)
confirmToday (13:40)sksingh1183 81 corr (75% acc)
confirmToday (14:25)KMonIRI*^~ ★★32 corr (82% acc)

  
63 views
Today (06:34)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2173596-1            Tags   Past Edits
Iss train ki RSA rake mein SE2 jaga tha on tuesday 11089
/pnr/post/2170418
  
Rail News
0 Followers
127 views
Commentary/Human InterestCR/Central  -  
Yesterday (22:28)   Railways to help Nashik onions reach more destinations now

rdb*^   125985 news posts
Entry# 2173690   News Entry# 294478         Tags   Past Edits
NASHIK: An additional freight train will now run from here to ferry the fresh harvest of onions to other parts of the country.
Currently, the Central Railway provides three rakes daily while the South Central Railway provides one rake to transport onions.
This additional rake will help farmers earn better from the crop. The farmers have had a bumper crop this year, in comparison to the last three years.
The
...
more...
provision for a new rake comes after the meeting between the and district administration of railway officials, where the former demanded for more rakes to supply onions.
Unlike the existing system where all the onion laden goods trains head to Fatuha (Fatwa) junction in Bihar for unloading, the harvest will now be taken to Sitapur, Ranipatra, Dankuni and Malda. The rakes usually carry onion from Niphad, Kherwadi, Manmad, Lasalgaon, Dhule, Chalisgaon, Nandgaon and Nashik.
An official of the Bhusawal Division of Central Railways said that it has been decided that the number of rakes to carry onions will only be four from now.
"We will have the rakes as ordered by the minister, but it is likely that if the turnaround time takes longer, then the situation will be difficult," a railway official said.
The onion merchants have welcome the move of the Central Railways. An onion merchant, Sohanlal Bhandari said, "Since the Railways are now ready to take the onions to other destinations, we have decided to book the goods for different places instead of just focussing on Fatuha."
The new rake will enhance the carrying capacity of the onions by 30%.

  
470 views
Today (05:21)
Trip to Nani Ghar aka Barauni^~   30176 blog posts   22602 correct pred (75% accurate)
Re# 2173690-1            Tags   Past Edits
Railway always act as a helper
  
Predictions: 11
confirm: 11
rac: 0
wl: 0
Journey: Mon Feb 20, 2017 @ 08:45
Class: AC 3-tier - 3A   |   Tot Seats: Avbl 16
Travel: NK/Nasik Road   to   BSB/Varanasi Junction   |   1310 km / 1477 km
12165/Mumbai LTT - Varanasi (Ratnagiri) SF Express (PT)
Entry# 2169575

Posted by: JGT~   487 blog posts   3058 correct pred (79% accurate)
PNR: 825-xxxxxxx (E-Ticket)   |   Similar PNRs
Posted Status as of: Feb 18 2017 (19:07)
Passenger 1: Waitlist# 2 (Booking Status: W/L 41,GNWL)
Total Fare:  995
Chart NOT Prepared
Please analyze this PNR, and predict the final Charting Status. Thanks.

Latest Status as of: Feb 19 2017 (21:08)
Passenger 1: RB3 63 (Booking Status: W/L 41,GNWL)
Total Fare:  995
Chart PREPARED

Full PNR Status History (3 statuses)
Status as of: Feb 19 2017 (21:08)
Passenger 1: RB3 63 (Booking Status: W/L 41,GNWL)
Total Fare:  995
Chart PREPARED

Status as of: Feb 19 2017 (16:34)
Passenger 1: Waitlist# 1 (Booking Status: W/L 41,GNWL)
Total Fare:  995
Chart NOT Prepared

Status as of: Feb 18 2017 (19:07)
Passenger 1: Waitlist# 2 (Booking Status: W/L 41,GNWL)
Total Fare:  995
Chart NOT Prepared


  
368 views
Feb 19 2017 (21:10)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2169575-2            Tags   Past Edits
shd hv cnf-ed

  
131 views
Today (00:20)
indian railway~   1144 blog posts   10 correct pred (50% accurate)
Re# 2169575-3            Tags   Past Edits
now this train is running with RB3

  
120 views
Today (00:28)
indian railway~   1144 blog posts   10 correct pred (50% accurate)
Re# 2169575-4            Tags   Past Edits
  
Predictions: 1
confirm: 1
rac: 0
wl: 0
Journey: Wed Feb 22, 2017 @ 11:54
Class: Sleeper - SL   |   Tot Seats: Avbl 144
Travel: BER/Beawar   to   BDTS/Bandra Terminus   |   921 km / 1108 km
19708/Aravali Express (PT)
Entry# 2171881

PNR: 280-xxxxxxx (PRS)   |   Similar PNRs
Posted Status as of: Feb 20 2017 (16:36)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared
Please analyze this PNR, and predict the final Charting Status. Thanks.
Posted thru RailCal

Latest Status as of: Today (14:19)
Passenger 1: B3,23 [SL]/Coach Position:8 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart PREPARED

Full PNR Status History (12 statuses)
Status as of: Yesterday (20:40)
Passenger 1: B3,23 [SL]/Coach Position:8 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart PREPARED

Status as of: Yesterday (09:56)
Passenger 1: Waitlist# 29 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (08:14)
Passenger 1: Waitlist# 29 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (06:09)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (06:06)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (05:09)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (05:06)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (04:09)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (04:06)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Yesterday (03:54)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Feb 20 2017 (14:06)
Passenger 1: Waitlist# 30 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared

Status as of: Feb 16 2017 (14:01)
Passenger 1: Waitlist# 31 (Booking Status: W/L 55,RLGN)
Total Fare:  440
Chart NOT Prepared


  
87 views
Yesterday (22:37)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2171881-1            Tags   Past Edits
  
Rail News
0 Followers
83 views
Commentary/Human InterestKMRC/Kochi Metro  -  
Yesterday (07:31)   India’s first CBTC metro system to be ready in March

rdb*^   125985 news posts
Entry# 2173320   News Entry# 294426         Tags   Past Edits
It will enable pilot-less train operations in long run
KOCHI: The installation of signalling and telecommunication (S&T) equipment to enable India’s first communication-based train control (CBTC) system is in the last lap on the Kochi metro’s 13-km Aluva-Palarivattom corridor, which is expected to be commissioned in April.
The signal system will be in place in another 10 days, while the communication equipment is being fine-tuned to be made operational by early March. Signals have a limited role to play in CBTC since the precise position of trains is relayed to the metro’s operation
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more...
control centre (OCC) at Muttom by ‘beacons’ along the corridor. The computerised OCC monitors and controls all train movements, DMRC sources said.
Frequency, trials
Once commissioned, trains will be operated every 10 minutes. Low-speed trials of a train laden with sand bags are over. Moreover, multiple signal trials were conducted, followed by trial of coaches. The procedure will continue at higher speeds in the coming weeks till the design speed of 80 kmph is attained.
The second train too will join in by the end of this month. The third and fourth trains will subsequently join them for integrated trials slated for early March. Integrated trials are crucial to the testing of the CBTC system since its foolproof operation has a direct bearing on safe running of trains.
Elaborating on the system, KMRL sources said it is a moving block train control system that continuously monitors the position of each train and trackside elements like points, emergency stop plungers, and switches. It ensures that trains adhere to speed restrictions and come to a halt at designated stops.
In January, the metro agencies had conducted evacuation tests, wherein a train jampacked with around 1,000 people was evacuated within the specified time limit.
Pilotless trains
On the commencement of unmanned train operations (UTO or pilotless trips), KMRL sources said the communication-based train control (CBTC) system would enable them. “We can migrate to UTO with minor modification of trains, depending on traffic and other requirements. Each train will have a pilot during the initial period,” they added.

  
341 views
Yesterday (18:40)
a~   161 blog posts
Re# 2173320-1            Tags   Past Edits
CBTC is a great step and if it is successful, it would be a big push to the metro revolution happening across India.
  
Predictions: 15
confirm: 13
rac: 0
wl: 2
Journey: Tue Feb 21, 2017 @ 21:15
Class: Sleeper - SL   |   Tot Seats: Avbl 400   |   Charting: < 17:00
Travel: MAS/Chennai Central   to   CBE/Coimbatore Main Junction   |   495 km / 530 km
12671/Nilagiri (Blue Mountain) Express
Entry# 2172761

Posted by: mthcdoshi~   857 blog posts   3322 correct pred (88% accurate)
PNR: 442-xxxxxxx (E-Ticket)   |   Similar PNRs
Posted Status as of: Yesterday (10:22)
Passenger 1: Waitlist# 84 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart NOT Prepared
Please analyze this PNR, and predict the final Charting Status. Thanks.

Latest Status as of: Yesterday (17:56)
Passenger 1: RS3 47 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart PREPARED

Full PNR Status History (5 statuses)
Status as of: Yesterday (17:17)
Passenger 1: RS3 47 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart PREPARED

Status as of: Yesterday (17:08)
Passenger 1: Waitlist# 77 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart NOT Prepared

Status as of: Yesterday (15:38)
Passenger 1: Waitlist# 79 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart NOT Prepared

Status as of: Yesterday (12:40)
Passenger 1: Waitlist# 83 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart NOT Prepared

Status as of: Yesterday (10:22)
Passenger 1: Waitlist# 84 (Booking Status: W/L 161,GNWL)
Total Fare:  315
Chart NOT Prepared


3 posts - Yesterday

  
125 views
Yesterday (16:24)
Hiriyanna*^   1886 blog posts   155345 correct pred (93% accurate)
Re# 2172761-4            Tags   Past Edits
Aur mera Aap teeno (Rdb, Satish & Manoj ) Sir ke naam par :::

  
58 views
Yesterday (17:19)
छोटा आदमी~   6797 blog posts   99527 correct pred (90% accurate)
Re# 2172761-5            Tags   Past Edits
rdb sir _/\_

  
61 views
Yesterday (17:21)
rdb*^   30538 blog posts   359395 correct pred (79% accurate)
Re# 2172761-6            Tags   Past Edits
gaye sab ke sab!

  
58 views
Yesterday (17:23)
छोटा आदमी~   6797 blog posts   99527 correct pred (90% accurate)
Re# 2172761-7            Tags   Past Edits
hahaha,
manoj sir ke pyar pe accuracy kurban hai rdb sir :)

2 posts are hidden.

  
64 views
Yesterday (17:31)
छोटा आदमी~   6797 blog posts   99527 correct pred (90% accurate)
Re# 2172761-10            Tags   Past Edits
rdb sir,
IRI reporter has learned that you have met few of senior IRI admins on condition of anonymity, and one such senior admin disclosed about meeting you when probed recently by IRI reporter.
The admin said that you intend to continue staying low profile and keep near anonymous profile on IRI.
Is there any chance that we get
...
more...
to see you at any RF meets or Admin meets or IRI Conventions ?
(though the admin also said that he "rdb" will never categorically decline attending any admin meets but will give it a slip )
the IRI community is waiting to see you at any RF event/Admin Meet/ Convention (but that will be too long wait)
Thanks
IRI Reporter

11 posts are hidden.
  
Rail News
0 Followers
98 views
Commentary/Human InterestNWR/North Western  -  
Yesterday (06:55)   Rs 262 crore rail track approved in Jaisalmer

rdb*^   125985 news posts
Entry# 2173179   News Entry# 294406         Tags   Past Edits
JAISALMER: Following the spurt in demand for limestone, which saw Jaisalmer station becoming the top revenue earner among stations of the North Western Railway (NWR), the ministry has approved the laying of a new 58.5km-long rail track between Hamira and Sonu for an estimated cost of Rs 262 crore.
The new track is expected to reduce the woes of transporting limestone to steel factories in various parts of the country. The line will also be important for the army and is expected to reduce environmental pollution caused by limestone dust.
Around 50 lakh
...
more...
tonnes of limestone from the mines of Rajasthan State Mines and Minerals limited (RSMM), 40km away from Jaisalmer, are sent to various steel companies in the country. Over 500 trucks transport limestone daily from the mines to Jaisalmer railway station from where it is taken by rail to various places.
This increased transportation cost as well as limestone dust pollution in the area. While the demand to lay a rail line between Sonu and Jaisalmer has been pending for long, the railway ministry has now given the financial approval for the project.
Confirming this, NWR CPRO spokesperson Tarun Jain said the railways had approved the 58.5km line from Thyat Hamira to Sonu and has sanctioned Rs 262 crore for the purpose.
The work on land acquisition has been completed and the tender for the work has also been approved. The project is expected to be completed next year.
Along the route, there will be 62 bridges, three ROBs, nine RUBs as well as a new station, Lanela, between Sonu and Thaiyat Hamira.
Jain said the Jaisalmer station comes first in revenue generation in NWR every year, with 50 lakh tonnes of limestone transported to steel plants in the country, including Bhilai, Durgapur, etc., earning Rs 500 crore in the process.

  
288 views
Yesterday (17:05)
a~   161 blog posts
Re# 2173179-1            Tags   Past Edits
Good project from point of view of operational convenience, environmental concern, cost of transportation etc
  
Rail News
0 Followers
78 views
Commentary/Human Interest
Yesterday (07:23)   Finance Ministry kickstarts listing process of 3 Rail PSUs

rdb*^   125985 news posts
Entry# 2173171   News Entry# 294421         Tags   Past Edits
Within three weeks of Budget announcement, the Finance Ministry today started the process of listing three rail PSUs -IRCTC, IRFC and IRCON.
The government is considering divesting a portion of the paid—up equity share capital through an IPO and has sought Expression of Interest (EoI) from merchant bankers by March 16.
The Department of Investment and Public Asset Management (DIPAM) is scouting for merchant bankers to manage the initial public offering (IPO) of the three PSUs, which is under the administrative control of the Rail Ministry.
The
...
more...
government currently holds 100 per cent stake in these three companies.
In his 2017—18 Budget speech, Finance Minister Arun Jaitley said that the government will put in place a revised mechanism and procedure to ensure time—bound listing of identified CPSEs on stock exchanges as the it will foster greater public accountability and unlock their true value.
“The shares of Railway public sector enterprises (PSEs) like IRCTC, IRFC and IRCON will be listed in the stock exchanges,” Jaitley had said in his speech.
The government intends to raise Rs 72,500 crore through disinvestment of PSUs in the next fiscal.
Of this, Rs 46,500 crore would be raised through disinvestment of minority stake and Rs 11,000 crore through strategic sale.
Post a Comment

  
312 views
Yesterday (17:01)
a~   161 blog posts
Re# 2173171-1            Tags   Past Edits
After merger of Rly& Gen budgets, a new tussle between Rly Min & fin Min begins. Nothing comes for free, this is just the first instalment of the freedom from annual payment of dividends for IR.
-
The fin. ministry should put pressure on IR to take financially prudent measures like speeding up the construction of financially rewarding projects, various ways to increase revenue generation and reducing unwanted expenditures. These measures can annually save more than 10000 Crore Rs for IR. Ministries fighting for funds does not indicate a good future of
...
more...
IR.
Page#    21683 Blog Entries  next>>

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  • बरेली-कासगंज रूट पर दौड़ेगी आज जीएम स्पेशल  News Entry# 294521
    by: Neelesh Kant Saxena~  Today (12:17)


    बदायूं : बरेली-कासगंज रूट को ब्राडगेज में परिवर्तित तो कर दिया गया, लेकिन ट्रेनों का अभाव होने से जिले के लोगों को लाभ नहीं मिल पा रहा है। नई ट्रेनें चलाने के लिए सीआरएस का दौरा भी हो चुका है, लेकिन अभी तक पहले से चल रही सभी ट्रेनें भी चालू...
  • देश के इन रूट्स पर दोगुनी रफ्तार में दौड़ेंगी ट्रेनें  News Entry# 294520
    by: Rajeev Singh  Today (11:44)


    नई दिल्ली. दिल्ली से मुंबई और दिल्ली से कोलकाता ओवरनाइट यात्रा के लिए रेलवे ने गंभीरता से काम करना शुरू कर दिया है. मिशन रफ्तार के तहत यह टारगेट पूरा करने के लिए राजधानी दिल्ली में रेल भवन में रेलवे बोर्ड के आला अफसरों की एक उच्चस्तरीय मीटिंग हुई. इस बैठक...
  • सिर्फ मेंटनेंस मंडुआडीह में संचालन कैंट से  News Entry# 294519
    by: Saurabh*^~  Today (11:20)


    वाराणसी : हंगामा ङोलने के बाद लखनऊ मंडल ने दोपहर बाद 2.37 बजे विस्तृत संशोधित सूचना जारी की। मंडुआडीह स्टेशन समेत अन्य संबंधित अधिकारियों को भी इससे अवगत कराया। सीनियर डीएमओ लखनऊ की ओर से जारी सूचना में बताया गया है कि 24 दिनी ब्लाक के दौरान महानगरी एक्सप्रेस के खाली...
  • दौड़ते-भागते पकड़ी महानगरी  News Entry# 294518
    by: Saurabh*^~  Today (11:19)


    जागरण संवाददाता, वाराणसी : मुंबई जाने के लिए महानगरी एक्सप्रेस पकड़ने निकले यात्री मंगलवार को रेल अफसरों की लापरवाही से घंटों परेशान हुए। सुबह मंडुआडीह स्टेशन पहुंचे तो पता चला ट्रेन पूर्व निर्धारित शेड्यूल अनुसार कैंट स्टेशन से ही जाएगी। इस पर लोग आक्रोशित हो गए और हंगामा भी किया। ऐसे...
  • ट्रेन से सात घंटे में पहुंचेंगे दिल्ली से हावड़ा-मुंबई  News Entry# 294517
    by: Saurabh*^~  Today (11:04)


    रेलवे में तीन साल की एकीकृत परियोजनाओं पर खर्च होंगे 18,000 करोड़
    संजय सिंह, नई दिल्ली
    तीन...

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Site Announcements

  • Entry# 2165159
    Feb 15 (09:53AM)


    A minor update, but may impact many members: Hereafter, FMs will be able to delete invalid Red Flags on Imaginary trains. Red Flags can be removed by FMs, only against specific complaints filed against the blog. This does not give all members the right to complain against EVERY single red flag they...
  • Entry# 2155798
    Feb 08 (11:40AM)


    -@all members: As of recently, there has been a trend whereby minor name updates of Trains/Stations - whether such and such regional name should be there or not, whether the train should be called "Abc Express" or "Abc Superfast Express", etc. are threatening to take over the majority of Timeline entries. Also,...
  • Entry# 2147631
    Feb 01 (11:05AM)


    A new experimental feature is being introduced called BotD - "Blog of the Day". The rules are: . 1. Replies are not eligible - only the Top Blog. 2. ONLY Blogs posted today (the day of the vote) are eligible. 3. Every member has ONE vote. In the course of the day, you may keep...
  • Entry# 2136570
    Jan 23 (12:25AM)


    Several new features have been introduced recently to the Forum, and we are forever striving to make Member experience here more productive and satisfying. With the recent introduction and success of the new FM System, it has been observed that small groups of highly involved and enthusiastic members are far more...
  • Entry# 2134907
    Jan 21 2017 (02:46PM)


    It has been over 2 weeks since the appointment of the current batch of FMs and 750 Complaints have been handled so far. It gives me immense pleasure in congratulating them for running the team diligently, professionally, competently and above all, without a shred of controversy or bias. The FM position...
  • Entry# 2133126
    Jan 20 2017 (01:29AM)


    The modification to the TL Update scheme - i.e. the introduction of the new RAC System - has led to some efficiency with TL Updates. More TLs are being discussed, and quickly moved up. However, we still have on Average, about 300 Waitlisted TLs in the backlog at any time, and our hard-working and diligent TLMs...
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