RITES
Govt plans to sell 15 pc in RITES via OFS; to fetch about Rs 700 cr
Railways consultancy firm RITES got listed on the bourse in July 2018 after it raised about Rs 466 crore through an IPO.
Govt targets IRCTC, IRFC IPOs by Sept, to raise about Rs 1,500 cr
While IRCTC IPO could fetch about Rs 500 crore, public offering of IRFC could garner close to Rs 1,000 crore to government.
‘Warnings on decrepit bridge went unheeded’
“RiTES had warned us about the condition of the bridge and had advised that a repair work should be conducted.
Indian railways to export diesel locos to Myanmar
The 18 modern diesel locomotive export orders are executed by RITES, the export arm of the Indian Railways.
Railways to export locos, train sets worth Rs 680 cr to Lanka
The contract will be funded under the Indian Line of Credit and supplies will be made over next two years
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