Pakistan Railways on road to revival?
August 20th, 2012 - 4:41 pm ICT by IANS
Islamabad, Aug 20 (IANS) The beleaguered Pakistan Railways may be finally on the road to revival, as the government has approved various projects at a whopping cost of Rs.287 billion ... Read more...
Posted in South Asia |
BHEL exploring non-power equipment business for profits
August 11th, 2012 - 5:01 pm ICT by IANS
Tiruchirapalli, Aug 11 (IANS) Power equipment major Bharat Heavy Electricals Ltd. (BHEL) plans to focus on increasing its revenue from non-power segments like railways, defence and others, said a top ... Read more...
Posted in Business |
Run trains on time, says Pakistan PM (Lead)
July 5th, 2012 - 4:42 pm ICT by IANS
Islamabad, July 5 (IANS) Late running of trains has become so endemic in Pakistan that an exasperated Prime Minister Raja Pervez Ashraf has called for punctuality in long-distance train services.These ... Read more...
Posted in South Asia |
Run trains on time, directs Pakistani PM
July 5th, 2012 - 12:48 pm ICT by IANS
Islamabad, July 5 (IANS) Prime Minister Raja Pervez Ashraf has directed the railway authorities to ensure smooth and punctual operation of long distance trains.The long distance trains run between Karachi-Peshawar, ... Read more...
Posted in South Asia |
Chinese locomotives chug into trouble in Pakistan
June 6th, 2012 - 1:09 pm ICT by IANS
Islamabad, June 6 (IANS) The Chinese are not happy over conditionalities in a tender floated by the Pakistan Railways for procuring 150 new locomotives as this excludes them from ... Read more...
Posted in South Asia |
Indian Railways to borrow $3.3 bn from market in 2012-13
March 14th, 2012 - 5:18 pm ICT by IANS
New Delhi, March 14 (IANS) Indian Railways plans to borrow Rs.15,000 crore (about $3.33 billion) from the market, Railway Minister Dinesh Trivedi said Wednesday, presenting the railway budget for 2012-13 ... Read more...
Posted in Business |
Pakistani daily questions train fare hike
March 14th, 2012 - 12:53 pm ICT by IANS
Islamabad, March 14 (IANS) The hike in railway fares in Pakistan come at a time when "earnings are dipping, inflation is high and no cheaper transportation option is available", said ... Read more...
Posted in South Asia |
Pakistan hikes train fares
March 13th, 2012 - 12:58 pm ICT by IANS
Islamabad, March 13 (IANS) Pakistan's ailing railways has decided to increase passenger train fares by up to 20 percent.Passenger train fares will go up by 15 to 20 percent ... Read more...
Posted in South Asia |
China rolls out powerful locomotive
March 8th, 2012 - 5:58 pm ICT by IANS
Beijing, March 8 (IANS) China Thursday rolled out its first electric locomotive with a hauling capacity of 3,000 passengers, more powerful than ones operating in the country.Suo Jianguo, chief engineer ... Read more...
Posted in Business |
Improve railways’ efficiency: Gilani
December 21st, 2011 - 1:07 pm ICT by IANS
Islamabad, Dec 21 (IANS) Pakistan Railways should quickly get its locomotives repaired to improve efficiency and transportation of goods in the country, Prime Minister Yousuf Raza Gilani has said.This ... Read more...
Posted in Uncategorized |
British police using ‘ghost trains’ to catch thieves
November 28th, 2011 - 3:50 pm ICT by IANS
London, Nov 28 (IANS) To catch the surging number of scrap metal thieves red-handed, undercover British policemen have now started travelling at night by special locomotives, dubbed "ghost trains".The locomotives ... Read more...
Posted in World |
Tata Chemicals starts $100-mn soda ash unit in Kenya
November 11th, 2011 - 3:21 pm ICT by IANS
Nairobi, Nov 11 (IANS) India's Tata Chemicals has opened a $100 million soda ash plant here that enhances the capacity of its Kenyan subsidiary and places this East African nation ... Read more...
Posted in Business |
Pakistan Railways to get Rs.4 bn bailout package
October 23rd, 2011 - 3:46 pm ICT by IANS
Islamabad, Oct 23 (IANS) The government will provide Rs.4 billion to revive the ailing Pakistan Railways.The decision was approved during the Central Development Working Party (CDWP) meeting Friday, emphasising that ... Read more...
Posted in Uncategorized |
Release funds to railways: Zardari to government
October 18th, 2011 - 12:33 pm ICT by IANS
Islamabad, Oct 18 (IANS) Pakistan President Asif Ali Zardari has told the government to release within a week funds to the cash strapped railways that has been unable to pay ... Read more...
Posted in World |
Pakistan Railways’ chugs towards disaster: Daily
October 13th, 2011 - 12:12 pm ICT by IANS
Islamabad, Oct 13 (IANS) Pakistan Railways is teetering on the brink of disaster, warned a daily and said it was "symptomatic" that the shortage of engines was to be met ... Read more...
Posted in South Asia |
300 of Pakistan’s 500 locomotives out of order
October 11th, 2011 - 1:27 pm ICT by IANS
Islamabad, Oct 11 (IANS) Over 300 of Pakistan Railways' 500 locomotives are out of order, leading to a loss of a whopping nearly Rs.25 billion a year, authorities said.The lack ... Read more...
Posted in World |
Non-stop train to run between Lahore and Karachi
October 7th, 2011 - 1:07 pm ICT by IANS
Islamabad, Oct 7 (IANS) A non-stop train is to run between Lahore and the port city of Karachi on the initiative of a business body, covering the 1,000 ... Read more...
Posted in Business |
Pakistan to lease 50 rail engines from India
September 25th, 2011 - 8:17 pm ICT by IANS
Islamabad, Sep 25 (IANS) Pakistan Railways has decided to lease 50 railway engines from India to restart some defunct services, a media report said Sunday.The decision was taken at a ... Read more...
Posted in World |
Mamata a role model for women, says US diplomat
June 15th, 2011 - 12:14 am ICT by IANS
Kolkata, June 14 (IANS) A US diplomat Tuesday lauded West Bengal Chief Minister Mamata Banerjee for her fighting spirit and called her a great role model for women."Look at ... Read more...
Posted in Uncategorized |
Zimbabwe to buy 14 locomotives from China
May 30th, 2011 - 12:36 pm ICT by IANS
Harare, May 30 (IANS) Zimbabwe plans to buy 14 locomotives for about $29 million from a Chinese company, a media report said.NRZ had already paid $2.9 million in advance in ... Read more...
Posted in Business |
Bangladesh promotes its rail network
May 5th, 2011 - 1:19 pm ICT by IANS
Dhaka, May 5 (IANS) Bangladesh is focusing on its rail network that was neglected since the British era. With major projects ahead, a separate division is being formed as part ... Read more...
Posted in World |
11.1-bn-rupee bailout package insufficient for multibillion loss-stricken Pak Railways
March 22nd, 2011 - 2:42 pm ICT by ANI
Islamabad, Mar 22(ANI): The Pakistan Railways is set to get a hefty 11.1-billion-rupee bailout package to improve its current situation, but insiders believe that this amount would be nothing more than peanuts ... Read more...
Posted in South Asia |
General Electric to invest $200 million in India
March 14th, 2011 - 5:19 pm ICT by IANS
New Delhi, March 14 (IANS) General Electric will invest $200 million in India to manufacture energy equipment providing jobs to over 3,000 people, even as it is also looking ... Read more...
Posted in Business |
Pakistan Railways gets money to keep it running
December 30th, 2010 - 2:12 pm ICT by IANS
Islamabad, Dec 30 (IANS) A package of Rs.11.1 billion ($128 million) has been approved for the Pakistan Railways for repair of 145 locomotives, improvement of tracks, maintenance of coaches and strategic reserves ... Read more...
Posted in South Asia |
Pakistani panel spent Rs.285mn just for publicity
December 28th, 2010 - 3:12 pm ICT by IANS
Islamabad, Dec 28 (IANS) Pakistan's Privatisation Commission spent for its publicity campaign in the past 17 months a whopping Rs.285 million -- an amount sufficient for the country's railways to purchase nine ... Read more...
Posted in South Asia |
Over a third of Pakistani locomotives don’t work
October 29th, 2010 - 1:40 pm ICT by IANS
Islamabad, Oct 29 (IANS) Pakistan has only 520 locomotives as compared to India's 8,300 -- and some 220 of the country's locomotives are out of order, said a minister.Pakistan Railways Federal Minister ... Read more...
Posted in Business |
Irate passengers block railway tracks in Ghaziabad
September 24th, 2010 - 10:03 pm ICT by ANI
Ghaziabad (Uttar Pradesh), Sep. 24 (ANI): Train passengers blocked railway tracks and detained the Sealdah Rajdhani Express in Uttar Pradesh's Ghaziabad city on Friday demanding solution to their problems of direct link ... Read more...
Posted in National |
7 elephants killed in India by a speeding train
September 24th, 2010 - 9:53 pm ICT by Aishwarya Bhatt
Sep 24 (THAINDIAN NEWS) In a tragic incident, 7 elephants lost their lives when a speeding train mowed them down.According to Sumita Ghatak, a district forest officer, the herd was crossing the ... Read more...
Posted in India |
Alleged Bus Thief Arrested For 27th Time
September 3rd, 2010 - 7:13 pm ICT by GD
By Gina Gomez
Hoboken, New Jersey, Sept 3, (THAINDIAN NEWS) Darius McCollum has been arrested on the charge of stealing a Trailways bus, which he had been driving out of Hoboken in New ... Read more...
Posted in World News |
Chinese locomotive company makes India foray
August 23rd, 2010 - 12:31 pm ICT by IANS
Beijing, Aug 23 (IANS) China's Zhuzhou Electric Locomotive Company Limited (ZELC), one of the country's biggest locomotive makers, has earned over $700 million from contracts with India, Malaysia, Singapore and Saudi Arabia. ... Read more...
Posted in Business |
Insurgency could still affect India-Bangladesh ties: Pranab
August 8th, 2010 - 8:48 pm ICT by IANS
Dhaka, Aug 8 (IANS) Appreciating Bangladesh's efforts in security cooperation, Indian Finance Minister Pranab Mukherjee said insurgency had the potential to affect bilateral relations between the two countries.
"Insurgents and insurgent groups ... Read more...
Posted in Uncategorized |
Jolie, Pitt dazzle at ‘Salt’ premiere
July 20th, 2010 - 8:59 pm ICT by IANS
London, July 20 (IANS) Angelina Jolie and Brad Pitt dazzled at the premiere of "Salt" that sees the former playing a sleeper spy.
The 35-year-old actress was snapped sporting a sequined Emporio ... Read more...
Posted in Entertainment |
Rail Budget: No hike in passenger, freight rates
February 24th, 2010 - 4:04 pm ICT by ANI
New Delhi, Feb 24 (ANI): Railway Minister Mamata Banerjee has not proposed any hike in passenger or freight rates.Presenting her second Rail Budget in the Lok Sabha, Banerjee said Railways ... Read more...
Posted in National |
‘Indian $1 bn credit costly’
February 14th, 2010 - 1:06 pm ICT by IANS
Dhaka, Feb 14 (IANS) The one billion-dollar credit line India pledged to Bangladesh last month will be "costlier" than what Bangladesh gets from elsewhere, a newspaper Sunday claimed. It also said ... Read more...
Posted in Business |
Hasina seeks Indian investment, trade balance
January 12th, 2010 - 8:28 pm ICT by IANS
New Delhi, Jan 12 (IANS) Bangladesh Prime Minister Sheikh Hasina Tuesday invited India Inc to do business in her country, saying this would ensure trade balance between the neighbours.
"We need to ... Read more...
Posted in Business |