The new units feature an evolution series engine and an electronic fuel-injection system for improved fuel efficiency

Companies need to imbibe a service-oriented culture as customer empathy and engagement matter most in the long run.

If you want to experience luxury and beauty, all at the same time, these luxury trains in India might excite you. Managed by the Indian Railways and the IRCTC (Indian Railway Catering and Tourism Corporation), these seven high-end luxury trains can make your train journeys fascinating. Watch BusinessToday.In video.

Indian Railways' idea is to raise revenue through higher utilisation of seats and not by passing the burden on the travellers.

As part of the government's plan to launch country's first bullet train by 2022, India will buy 18 bullet train sets worth Rs 7,000 crore from Japan.

Earlier this year, the Coal Ministry had ruled out any possibility of dry coal shortage in the upcoming monsoon season and said that it had sufficient stocks to meet the demand of power plants.

Indian Railways had come up with a new feature on its online ticketing website, IRCTC in December 2017. The government website had decided to provide free insurance to passengers that booked their tickets online.

This year in February, Ministry of Railways had directed Zonal Railways to discontinue pasting of reservation charts on the reserved coaches of all trains as a pilot project for six months starting from 1st March, 2018.

With the introduction of natural gases in its operations, the Indian Railways is looking to cut down on the use of industrial gases like dissolved acetylene, LPG and high-speed diesel (HSD), while saving a pretty penny in the process.

Other than convincing the RBI and bankers to back the road projects, Jaitley will also have to work with the central bank to develop financial institutions.

Where Is My Train is one of the most-downloaded train-based apps in the country with as many as 10 million downloads.

Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up pace; Vedanta bags 41 out of 55 oil blocks in first round of open acreage auction; Google makes a play for India's e-commerce market; New Hyundai Santro to be launched during the festive season; from food to service, Indian Railways is upgrading Rajdhanis, Shatabdis in full force. Watch more in this episode of Business Wrap.

Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...

The Ministry of Railways has been gradually changing the face of Indian trains.

Amazon plans to invest $700 mn in the Future Group; govt says Google, Facebook must plough back profits; Anil Ambani files Rs 5000-crore defamation lawsuit against National Herald; and Anil Ambani steps down as director of Reliance Naval and Engineering. Watch more in this episode of Business Wrap.

Amazon plans to invest $700 mn in the Future GroupJeff Bezos-led Amazon in India has begun formal negotiations with Kishore Biyani's Future Group to invest around $600-700 million for a 12 to 15 per cent stake in the retail major as reported by the Business Standard. The two entities have signed a term sheet to take the talks further, sources said. This denotes the two sides have officially entered a pact. If the deal materialises it will most likely be a combination of cash and...

Recently, a CAG report had come down hard on the railways for the flexi-fare prices and it stated a comparison with airfare for 13 sectors showed that travelling in aeroplane was cheaper than in train for a large number of routes.

The Indian Railways is trying to deliver projects worth at least Rs 50,000 crore in the next eight months.

State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...

As part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'.