The global tender will end the monopoly of SAIL in supplying rails to Indian Railways, the loss-making state enterprise has struggled to meet railways' rising demand
1 min read23 Dec 2017The report says the Indian railways is considering using a clause in the tender that allows for a 'developmental' or a trial order of up to 20% of the steel to be awarded to a domestic manufacturer
1 min read25 Nov 2017MMTC has been looking for investors to sell its 26% stake in ICEX, which wound up its operations towards the end of 2013
1 min read22 Sep 2015Proposed airport to be developed over an area of 1,160 hectares and will have a capacity of handling 60 mn passengers a year
2 min read6 Feb 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared