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Railways not yet a threat to airlines
Despite attempts to wean away passengers from each other, rail and air travel in the country continue to be as different as chalk and cheese. While the low cost airlines boast of rock-bottom prices, these, in effect, are few and far between. On ... More

Rail travel still cheaper than airlines
Despite low fare offers by some domestic airlines, rail travel continues to be cheaper in the country. According to sources, the cheap airfares on offer are only a handful whereas the average air travel continues to be expensive. However, ... More

Non-bulk traffic share in revenues on the rise
The ongoing economic boom has helped the Railway Minister, Mr Lalu Prasad, to garner extra revenues from moving bulk freight. This is particularly visible in the case of cement and steel. In 2003-04, the Railways earned Rs 2,185.18 crore from ... More

`Iron ore freight cut may not lower steel prices'
The reduction in iron ore freight rates by 6 per cent in the Railway Budget is unlikely to have any immediate impact on steel prices. Steel makers are not likely to lower steel prices in the wake of the reduction in freight, as they feel that ... More

NEWS ANALYSIS
A beginning to improve stability with diversified goods traffic
If the Railways were to really enter into big business such as developing high-speed passenger corridors through public-private partnership, the incentives that are to be deployed need to be reasonably attractive. More

Mahindra-Renault-Nissan car facility near Chennai
Investment at Rs 4,000 cr; M&M to produce utility vehicles here More

HOV Services to buy US BPO unit for Rs 600 cr
Combined workforce to top 11,000 employees More

Mercator to open centre in Bangalore
Mercator, the IT division of the Emirates Group, is planning to set up a software development centre in Bangalore. The investment will be in the order of a couple of millions of dollars. The centre could be a division of Mercator or a joint ... More

PSU oil marketing cos seek changes in dealership norms
To facilitate setting up more `standalone auto-LPG outlets' More

Marine products export to EU up 34% in value
Overall shipments increase 13% during April-Dec More

Commodity stocks ride on rail tariff cut proposal
It is going to be only `paper benefits' for cement, steel cos: Analysts More

Crashing prices fuel demand for laptops
Cheaper by 11 pc; shipment grows by 104% More

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Railway Budget 2007-08

Pick a Winner Stock Market Contest

Design-to-delivery is NXP blueprint

Rlys catches on to volumes game

Premium offer for Ongole cattle

A move to tackle inflation

Freight rate on minerals, ores cut by 6%

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