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Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions Launched New Delhi: The Ministry of Railways has launched various initiatives to increase its earnings through non-fare sources and to promote ease of ticketing, in order to boost revenue and bring in more efficiency....

Press Information Bureau January 11, 2017

20 major stations set for revamp, auction in January New Delhi: The Indian Railways plans to auction 20 major stations across India to attract private developers, in order to revamp the infrastructure at the stations including platforms and lounges, and enable the developers to build hotels, malls, mul...

Economic Times December 30, 2016

Railways plans highest outlay of Rs 1.35 lakh crore for FY18 New Delhi: Indian Railways plans to budget for highest ever plan outlay of Rs 1,35,000 crore (US$ 19.9 billion) for FY 2017-18, to invest in construction of freight corridors, improve connectivity to Kashmir and North-East region, upgrade signalling ...

Economic Times December 27, 2016

Railways gives green light to go cashless New Delhi: The Indian Railways plans to install one or more point of sale (PoS) machines at ticket reservation counters across the country, out of which about 1,000 of these machines to be made available by December 31, 2016, to make railway travel b...

Economic Times December 02, 2016

Canadian pension manager may strike $300 million deal for Phoenix mall assets Mumbai/Bengaluru: The Canadian Pension Plan Investment Board (CPPIB) is expected to buy into select mall assets of Phoenix Mills Ltd, which owns and operates some of India's largest integrated consumption centres, for US$ 300 million....

Times of India November 24, 2016
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