Consumer affairs ministry’s proposal could first be tested on premium trains such as Tejas Express & Vande Bharat Express. Experts are, however, are sceptical about move.
Investor demand exceeded IRCTS's shares on offer by 112 times, the best IPO of the four companies from the Indian Railways stable that have gone public.
Indian Railways' first rail coach restaurant, Chennai Express, was set up earlier this year, but a similar project was completed by Madhya Pradesh Tourism Department in 2015.
The claim that VB-GRAMG provides an employment guarantee is incorrect. The only guarantee is to 'empower' the Centre to allow partial implementation in notified areas alone.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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