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India's Union Cabinet approved ₹24,815 crore in multi-tracking rail projects across 15 districts in Uttar Pradesh and Andhra Pradesh, adding roughly 601 km to the Indian Railways network. The Ghaziabad-Sitapur project, the larger at ₹14,926 crore, is designed to ease congestion on northern and eastern connectivity
RVNL has emerged as the lowest bidder for a Rs 968-crore East Coast Railway project involving bridge construction over the Birupra, Mahanadi, and Kathjori rivers. The contract adds measurable order book depth, a key valuation driver for the state-owned rail infrastructure firm. Formal award confirmation and updated ord
RailTel shares jumped 13.15% to ₹321.77 on the NSE after the company won tunnel communication orders totaling ₹564 crore. The order win signals near-term revenue backlog expansion in a high-barrier infrastructure segment. Execution timelines and margin profile on these contracts will determine whether the re-rating hol
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India's Union Cabinet approved ₹24,815 crore in multi-tracking rail projects across 15 districts in Uttar Pradesh and Andhra Pradesh, adding roughly 601 km to the Indian Railways network. The Ghaziabad-Sitapur project, the larger at ₹14,926 crore, is designed to ease congestion on northern and eastern connectivity
2mo ago · 1 min · Policy & Government
RVNL has emerged as the lowest bidder for a Rs 968-crore East Coast Railway project involving bridge construction over the Birupra, Mahanadi, and Kathjori rivers. The contract adds measurable order book depth, a key valuation driver for the state-owned rail infrastructure firm. Formal award confirmation and updated ord
2mo ago · 1 min · Markets
RailTel shares jumped 13.15% to ₹321.77 on the NSE after the company won tunnel communication orders totaling ₹564 crore. The order win signals near-term revenue backlog expansion in a high-barrier infrastructure segment. Execution timelines and margin profile on these contracts will determine whether the re-rating hol
2mo ago · 1 min · Markets
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