1st high speed train on Delhi-Agra section in November

September 12, 2014

Kapurthala, Sep 12: The first high speed train with a speed of 160 kilometer per hour will run on Delhi-Agra section in November this year as the first rake of fourteen coaches of the train is all set to be rolled out in November.

High speed trainShells of the first rake of high speed coaches had been manufactured and the work was going on at fast pace to roll out the first rake by the end of October this year so that the high speed train could run on Delhi-Agra section in November's first week, General Manager of Kapurthala Rail Coach Factory (RCF), Parmod Kumar said

RCF engineers in consultations with Research Development and Standard organizations (RDSO) had made some changes in these coaches in designing of coupler system for more smoother ride than Shatabdi and Rajdhani coaches, installation of smoke and fire detection system, and automatic sliding of inner doors besides TV infotainment system in the executive chair cars with LED fittings on the back of chair cars.

He said that the approximate cost of one high speed coach would be between Rs 2.25 to 2.50 crore.

RCF had started working on designing the high speed coaches capable of running at a speed of 200 kilometer per hour by making some changes like automatic outer doors, changes in braking system and improved vestibules.

He said that high speed coaches manufactured in RCF for Shatabdi and Rajdhani express trains are capable of running at the optimum speed of 160 kilometer per hour.

The railway board and officials of railway department had already conducted a trial on these coaches on Delhi–Agra section at a speed of 160 kilometer and covered the 200 kilometer distance in 99 minutes few days ago, he said.

He said that railways has selected ten routes on which high speed trains would run as announced by railway minister in his budget speech.

He also said initially speed of these trains would be 160 kilometer on select rail routes and gradually speed would be enhanced up to 200 kilometer after upgrad1st high speed train on Delhi-Agra section in November

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News Network
July 24,2020

Lucknow, Jul 24: A special CBI court on Friday recorded the statement of veteran BJP leader LK Advani in the Babri mosque demolition case.

The statement of the 92-year-old former deputy prime minster was recorded through video conferencing in the court of special Judge S K Yadav.

On Thursday, the court recorded the statement of BJP veteran Murli Manohar Joshi in the case. 

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News Network
May 9,2020

May 9: Two more companies are said to be eyeing stakes in Reliance Jio Platforms, the $65-billion digital unit of Mukesh Ambani-controlled Reliance Industries, suggests a Bloomberg report. If these deals materialise, they would add to a growing list of firms that have recently invested in the Indian company.

US private equity firm General Atlantic was considering investing about $850 million to $950 million in the Mumbai-based company, a Bloomberg report said, citing people with knowledge of the matter.

The deal could be completed as soon as this month, though no agreement had been finalised and plans may change, it added.

Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in Jio, Bloomberg said in a separate report.

General Atlantic declined to comment on the report, while Jio and PIF did not immediately respond to Reuters request for comment. Hours earlier on Friday, Reliance Industries announced a $1.5 billion stake sale in Jio to Vista Equity Partners, the third deal in just over two weeks.

The conglomerate cut a $5.7 billion deal with Facebook for a 9.99 per cent stake in Jio on April 22 and a few days later, it secured a $750 million investment from private equity firm Silver Lake.

Together the three deals will inject a combined $8 billion in the telecoms-to-energy group and help it pare its debt.

Vista's investment gave Jio an equity value of Rs 4.91 trillion ($65 billion) and an enterprise value of Rs 5.16 trillion, said Reliance, controlled by billionaire tycoon Mukesh Ambani.

The potential investments from New York-based General Atlantic and the Saudi sovereign wealth fund, which manages over $300 billion in assets, would inject money on top of the $8 billion which Jio has already raised.

Saudi's PIF has been buying minority stakes several companies. Last month, it disclosed an 8.2 per cent stake in coronavirus-hit Carnival Corp, sending the cruise operator's shares up nearly 30 per cent higher.

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News Network
March 4,2020

Bhopal, Mar 4: Madhya Pradesh Chief Minister  Kamal Nath on Tuesday asserted that there was no threat to his government.

Nath's comments came when he was asked about reports of alleged 'poaching' attempts being made by the opposition BJP in the state.

“The legislators are telling me that they are being offered so much money. I am telling the MLAs to take it, if they are getting this free money,” Nath told reporters here on the sidelines of a programme.

Congress veteran Digvijaya Singh on Monday alleged that his party MLAs were being offered “huge money by BJP leaders” as part of the saffron party's “poaching” attempt to destablise the Kamal Nath government.

When Nath was asked about any threat to the stability of his government in Madhya Pradesh, he said, “There is nothing to worry about.”

Reacting to Nath's statement, state BJP spokesman Rajneesh Agrawal told PTI that his party has nothing to do with the allegations.

“In fact, these speculations and allegations are part of the internal bickering of among Congress leaders to get nominated for the Rajya Sabha polls,” he said.

After Digvijaya Singh's remarks on Monday, senior BJP leader and former chief minister Shivraj Singh Chouhan accused the Congress veteran of making false statements to create sensationalism.

“Speaking lies to create sensationalism is Digvijaya's habit. Probably some of his (Digivijaya's) works were not done and he wants to create pressure on the CM to get them done,” Chouhan alleged.

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