Oct 25, 2014

DIWALI SPECIAL TRAINS BETWEEN INDORE AND PUNE BOOKINGS FOR 09311 OPEN FROM 22.10.2014

Railways have decided to run two special trains between Indore and Pune to clear the extra rush of passengers o­n account of Diwali.

The details are as under -

09312 Indore - Pune special train will leave Indore o­n Monday, 27.10.2014 at 20.55 hrs and will arrive Pune at 15.30 hrs next day. 

09311 Pune - Indore special train will leave Pune o­n Tuesday, 28.10.2014 at 17.20 hrs and will arrive Indore at 11.20 hrs next day. 


HALTS: Dewas, Ujjain, Nagda, Ratlam, Dahod, Godhra, Vadodara, Bharuch, Surat, Vapi, Vasai Road, Kalyan and Lonavala.

COMPOSITION: o­ne First AC cum AC-3 Tier, o­ne AC-2 Tier, Two AC-3 Tier, 12 sleeper class, 4 General second class and Two General second class cum Guard's brake van.

RESERVATION: Bookings open for 09311 from 22.10.2014.

Source-Chief Public Relations Officer

2 Superfast AC special train between Pune and Nagpur - Bookings open on 24.10.2014

Central Railway will run two Superfast AC Special between Pune and Nagpur to clear the extra rush of passenger due to Diwali. Train No.01237 will leave Pune at 06.15 hrs o­n 25.10.2014 and will arrive Nagpur at 22.10 hrs same day. Train No.01238 will leave Nagpur at 08.20 hrs o­n 26.10.2014 and will arrive Pune at 23.55 hrs same day. HALTS: Daund, Manmad, Bhusaval, Akola, Bandera, Dhamangaon and Wardha 

COMPOSITION: o­ne Executive Chair Car and 7 AC Chair Car

RESERVATION: Bookings open from 24.10.2014

Source-Chief Public Relations Officer

PASSENGERS TRAVELLING BY 16337 OKHA-ERNAKULAM EXPRESS FROM 01.11.2014 ONWARDS TO PLEASE REFER THE NEW TIME-TABLE FOR TRAIN TIMINGS.

PASSENGERS TRAVELLING BY 16337 OKHA-ERNAKULAM EXPRESS FROM 01.11.2014 ONWARDS TO PLEASE REFER THE NEW TIME-TABLE FOR TRAIN TIMINGS. 

Passengers of Bhiwandi Road and Panvel who have booked their journey tickets by Train no 16337 Okha-Ernakulam Express o­n and from 01.11.2014 o­nwards are requested to please refer the New Western Zone railway time-table effective from 01.11.2014 for departure and arrival timings to avoid any inconvenience.

Source-Chief Public Relations Officer

MULTIFUNCTIONAL COMPLEX TO BE DEVELOPED AT VASAI ROAD RAILWAY STATION



To provide multiple Passenger facilities like shopping, food stalls/ restaurants, Book stalls, PCO Booths, ATMs, Medicines and Variety stores, Budget Hotels, Food Plaza, parking spaces and other similar Passenger facilities to rail users at Railway Station, a Multifunctional Complex (MFC) has been planned to be developed at Vasai Road station. 

Rail Land Development Authority has floated a Tender Notice – Request for Proposal (RFP) – inviting proposals from interested eligible bidders for Development of Multi Functional Complex (MFC) at Vasai Road, for which the last date of Sale of Bid Document is 12th November, 2014 upto 1600 Hrs. The Site for development of Multi Functional Complex (MFC) is being offered for 45 years lease period. Therefore all the interested Real Estate Developers are requested to visit the Official website of RLDA www.rlda.in for further details/ information to participate in the tendering process for the said site.

Source-Chief Public Relations Officer

SCR Asks its Pensioners to Submit Life Certificate



All the Railway Pensioners / Family Pensioners and Ex-gratia payees drawing pension from various Public Sector Banks / Post Officers are required to Submit Life Certificate along with Non-employment / Re-employment and Non-remarriage / Re-marriage Certificates to authorities from where they are presently drawing their pension before the end of November-2014 to continue get their pension regularly.

The prescribed pro-forma of life certificate is available with the respective Banks / Post Offices. The Pensioners are also requested to submit personal details such as - their Name, address, date of birth, date of retirement, current residence address, contact phone number etc., along with their Photograph.

Source-Chief Public Relations Officer

SCR to run Two Premium Superfast Express Trains between Secunderabad – Ahmedabad



In order to clear extra rush of passengers, South Central Railway has announced (vide Press Release No.474 dt. 21.10.2014) a premium special train between Secunderabad and Rajkot ie., 1st November, 2014 from Secunderabad and 2ndNovember, 2014 back from Rajkot.

The destination of this premium Special train is revised to run between Secunderabad and Ahmedabad instead of Secunderabad and Rajkot.

Accordingly, Train No. 07018 Secunderabad-Ahmedabad Premium Superfast Express train will depart Secunderabad ) at 07:30 am on 1st November, 2014 (Saturdayand arrive Ahmedabad at 04:15 am o­n the next day.

In the return direction, Train No. 07017 Ahmedabad-Secunderabad Premium Superfast Express train will depart Ahmedabad at 05:15 pm on 2nd November, 2014 (Sunday)and arrive Secunderabad at 02:45 pm o­n the next day.

En-route, these premium superfast express trains will stop at Pune, Kalyan, Surat, and Vadodara stations in both the directions. These trains will have 16 Coaches viz., o­ne AC II Tier, two AC III Tier, ten Sleeper Class, o­ne Pantry Car coach and two Second Class Luggage Cum Brake Van coaches.

Advance reservations for these Premium Superfast Express Trains will commence at 08:00 am o­n 22ndOctober 2014 and can be booked o­nline through IRCTC Portal o­n internet.
Source-Chief Public Relations Officer

Mithali Raj Felicitated

Ms. Mithali Raj is being felicitated by Shri P.K. Srivastava, GM/SCR, Shri. Gajanan Mallya, SDGM/SCR is also seen.

Shri P.K. Srivastava, General Manager, South Central Railway, congratulated Ms. Mithali Raj, Captain, Indian Women Cricket Team, for leading India to a historic victory against England in the recent cricket test match in England. Ms. Mithali Raj is an employee of South Central Railway, working at Secunderabad.
Source-Chief Public Relations Officer

Cancellation / Regulation of Certain Trains due to Traffic Block between Tanguturu and Surareddipalem Stations



South Central Railway will impose a Traffic Block for replacement of a RCC Slab Bridge with RCC Box Bridge between Tanguturu and Surareddipalem Stations o­n Vijayawada Division on 4thNovember, 2014. As a result, the following trains will be cancelled / regulated o­n 4thNovember, 2014 as detailed below:-

Cancellation: 

1)Train No.57277 Gudur-Vijayawada Passenger.

2)Train No.57242 Vijayawada-Bitragunta Passenger.

3)Train No. 67280 o­ngole-Gudur Passenger.

4)Train No. 67279 Gudur-Ongole Passenger.

Regulation:

1)Train No. 17480 Tirupati-Puri Express will be regulated for 45 minutes.

Source-Chief Public Relations Officer

Special Trains extended to Run for more trips during November, 2014



In order to clear extra rush of passengers, the following Special Trains are extended to run for more trips as detailed below:-

1) Tr. No. 07319/07320 Hubli-Secunderabad-Hubli Tri-Weekly Special Train is extended to run for 26 more trips. Accordingly, Train No. 07319 Hubli - Secunderabad Tri-Weekly Special Train will depart Hubi at 08:50 pm o­n 1st, 4th, 6th, 8th, 11th, 13th, 15th, 18th, 20th, 22nd, 25th, 27th & 29thNovember, 2014 (Tuesday, Thursday and Saturday) and arrive Secunderabad at 11:45 am o­n the next day. 

In the return direction, Train No. 07320 Secunderabad-Hubli Tri-Weekly Special Train will depart Secunderabad at 04:00 pm o­n 2nd, 5th, 7th, 9th, 12th, 14th, 16th, 19th, 21st, 23rd, 26th, 28th & 30th November, 2014 (Wednesday, Friday and Sunday) and arrive Hubli at 07:50 am o­n the next day.

Enroute, these special trains will stop at Annigeri, Gadag, Hole-Alur, Badami, Bagalkot, Almatti, Basavana Bagewadi, Bijapur, Indi Road, Hotgi, Ganagapur Road, Gulbarga, Shahabad, Wadi, Chittapur, Seram, Tandur, Vikarabad, Lingampalli and Begumpet stations. These trains will have 16 coaches viz., o­ne AC II Tier, o­ne AC III Tier, six Sleeper Class, six General Second Class and two Luggage cum Brake van coaches.

2) Tr. No. 02683/02684 Mysore-Santragachhi-Mysore Weekly Premium Superfast Special Train is extended to run for 2 more trips. Accordingly, Train No. 02683 Mysore-Santragachhi Weekly Premium Superfast Special Train will depart Mysore at 06:00 am o­n 5th November, 2014 (Wednesday) and arrive Santragachhi at 03:45 pm o­n the next day. 

In the return direction, Train No. 02684 Santragachhi -Mysore Weekly Premium Superfast Special Train will depart Santragachhi at 05:50 am o­n 7thNovember, 2014 (Friday) and arrive Mysore at 04:45 pm o­n the next day.

Enroute, these special trains will stop at Bangalore City, Vijayawada, Duvvada, Bhubaneswar, and Kharagpur stations.These trains will have 18 coaches viz., o­ne AC II Tier, two AC III Tier, twelve Sleeper Class, o­ne pantry car and two Luggage cum Brake van coaches.

3)Tr. No. 02695/02696 Yesvantpur-Jaipur- Yesvantpur Weekly Premium Spuerfast Special Train is extended to run for 8 more trips. Accordingly, Train No. 02695 Yesvantpur - Jaipur Weekly Premium Superfast Special Train will depart Yesvantpur at 11:30 am o­n 6th, 13th, 20th& 27th November, 2014 (Thursdays) and arrive Jaipur at 06:35 am o­n Saturdays. 

In the return direction, Train No.02696 Jaipur - Yesvantpur Weekly Premium Superfast Special Train will depart Jaipur at 10:15 pm o­n 8th, 15th, 22nd & 29th November, 2014 (Saturdays) and arrive Yesvantpur at 05:55 pm o­n Mondays.

Enroute, these premium weekly special trains will stop at Tumkur, Bellary, Pune, Surat and Ajmer stations in both the directions.These trains will have 16 coaches viz, two AC II Tier, four AC III Tier, seven Sleeper Class, o­ne pantry car and two Luggage, Generator cum Brake van coaches.

4)Tr. No. 02681/02682 Mysore-Varanasi-Mysore Bi -Weekly Superfast Special Train (4 services):

Train No. 02681 Mysore-Varanasi Bi-Weekly Superfast Special Train will depart Mysore at 06:00 am o­n 31st October, 2nd November, 2014 (Sunday & Friday) and arrive Varanasi at 01:30 am o­n the Tuesday and Sunday. 

In the return direction, Train No. 02682 Varanasi-Mysore Bi-Weekly Superfast Special Train will depart Varanasi at 09:50 pm o­n 2nd & 4th November, 2014 (Tuesday & Sunday)and arrive Mysore at 04:45 pm o­n Thursday and Tuesday.

Enroute, these special trains will stop at Bangalore City, Vijayawada, Nagpur and Jabalpur stations.These trains will have 18 coaches viz., o­ne AC II Tier, two AC III Tier, twelve Sleeper Class, o­ne pantry car and two Luggage cum Brake van coaches.
Source-Chief Public Relations Officer

Scheme of General Departmental Competitive Examination (GDCE) for filling up of 25% - 50% of net direct recruitment quota vacancies in Group 'C' Categories - Partial shift in the duty of agency conducting GDCE regarding. - RRB 113/2014

source - AIRF

Extension of the period of retention of Railway Accomodation at the previous place of posting in favour of officers/staff posted to ECR & NWR RBE 115/2014

source - AIRFA

Oct 24, 2014

Head-to-Head: Canadian Pacific Railway Limited vs. Canadian National Railway Company

Canadian Pacific Railway Limited (TSX: CP)(NYSE: CP) and Canadian National Railway Company (TSX: CNR)(NYSE: CNI) have delivered excellent results so far this year. However, that is now history and investors should consider which company offers the best investment prospects.

Operational performance: CN Rail still has the edge

The operating ratio, which measures operating expenses as a portion of revenues, is a key indicator of how well the railroad company can control its expenses relative to the revenue. CN Rail has an industry-leading operating ratio, which averaged 63% over the past five years.

Under the new management team, CP Rail has improved its ratio considerably over the past two years to 66% in the first nine months of 2014. According to CP Rail management, this could still improve further, but at the moment CN Rail is clearly the more efficient operator.

Financial performance: CN Rail is well ahead

CP Rail improved its profitability dramatically over the past three years with earnings per share jumping by more than 150% between 2011 and 2014 (as expected for the full year). CN Rail only managed about a third of that growth as the base was already much higher. However, with fewer cost-saving opportunities now available to CP Rail, the growth trajectory should in future be more similar.

The cash flow of CN Rail remains extraordinary strong with 36% of revenues currently being converted into operating cash. CP Rail lags considerably with 30% of revenues currently being converted to operating cash.

CN Rail has an excellent dividend payment track record, having increased the dividend every year and on average by 16% per year since going public 18 years ago. In addition, the company regularly buys shares back and has managed to reduce the share count by 10% since 2011 and intends to by another 3.9% of the outstanding shares by October 2015. CP Rail also has a sound dividend-paying track record having increased the dividend on average by 13% per year over the past 13 years. The company also has a share repurchase program in place, but the share count is currently still higher than in 2011.

Longer-term prospects: Both are good

Both companies have excellent and almost irreplaceable infrastructure, with CN Rail covering 20,000 route miles that span Canada and mid-America, reaching the Pacific, Atlantic, and Gulf Coast. CP Rail has 13,700 route miles that span Canada and include the industrial areas of Chicago and Detroit. CN Rail, however, again has the edge as its lines are able to bypass the congested Chicago hub, saving valuable travel time.

The business mix for both companies is well diversified with intermodal, grain, and petroleum products the most important categories.

CP Rail recently announced ambitious goals until 2018. Most importantly they expect to double the earnings per share based on revenue growth of 10% per year and an operating ratio moving down to around 60%.

Whether these objectives will be met, only time will tell; however, the growth profile and prospects to increase revenues seem to be rather similar for both companies. CP Rail may be able to push its operating ratio down further and in the process grow profits somewhat faster than CN Rail over the next few years.

Valuation: CN Rail has the easier valuation

Based on consensus forecasts, the price-to-earnings ratio for CN Rail for the 2014 financial year is 20 times and 18 times for 2015. This represents a premium of 10% to its peers and a 25% premium to its own valuation history.

Again based on consensus forecasts, CP Rail’s P/E ratio for the 2014 financial year is 27 times and 20 times for 2015, a premium of more than 25% to its peers and a 45% premium to its own valuation history.

CN Rail is probably the better investment today

Neither company is, in my view, a bargain at current prices. However, CN Rail is a high-quality operator with a superior rail network, excellent cash flow generation, reasonable growth prospects, and a more attractive valuation.


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Source-fool.ca

Labour's hypocrisy on rail franchise exposed

The SNP has condemned Labour’s ‘transparent hypocrisy’ on the rail franchise today, after Transport Minister Keith Brown highlighted the glaring anomaly between the party’s recent public rhetoric and the reality of the powers they called for in their submission to the Smith Commission.

Writing to Labour’s Mark Griffin, Cara Hilton, Cathy Jamieson and Katy Clark, Transport Minister Keith Brown has highlighted the discrepancies in Labour’s public pronouncements urging the Scottish Government to allow public sector bidders to compete for the rail franchise – whilst failing to call for powers to allow this to be devolved in their submission to the Smith Commission.

The Scottish Government’s submission to the Smith Commission makes clear that “Full responsibility for rail transport would enable public sector bids and non-for-profit models, more integrated railway services and services designed to meet local needs” – while Labour’s proposals are completely silent on the powers needed to allow public sector bids. 

Commenting, SNP MSP Jamie Hepburn said:

“Labour’s attitude towards the rail franchise is nothing more than transparent hypocrisy – while publicly demanding that the Scottish Government allow public sector bids they haven’t even bothered to include the powers needed to do this in their proposal to the Smith Commission.

“Yet again Labour have been caught out talking a good game while doing absolutely nothing to deliver the powers we need – their strong words stand in stark contrast to their incredibly weak actions.

“The Scottish Government submission to the Smith Commission called for the powers to allow public sector bids while Labour’s was silent on the issue – either they aren’t interested in giving Scotland the powers we need or they have been overruled by the party’s bosses in London. Either way they are letting the people of Scotland down.

“And while Labour engage in shameless hypocrisy, what shouldn’t be ignored is the fact that the new ScotRail franchise is a good deal for customers and staff – delivering at least 100 new apprentices, a guarantee of at least the living wage for all staff and better services for customers. 

“While the SNP is delivering for Scotland it couldn’t be clearer that Labour under Johann Lamont are only interested in playing party political games and can’t be taken seriously – which is one of the reasons their support continues to slip away.”
Source-snp

Iran signals new welcome to European rail tourists



A steam engine pulls the Golden Eagle Danube Express after its departure from Budapest on 15 October, en route to Tehran. Photograph: Zoltan Mathe/EPA

A long-distance luxury train, operating in the style of the Orient Express, arrived in the Iranian city of Zanjan from Budapest on Thursday, in a rare private rail visit to the Islamic republic.

Iran’s cultural heritage and tourism organisation said some 96 passengers from at least 14 different countries were aboard the Golden Eagle Danube Express, according to the semi-official Isna news agency. “It arrived in Zanjan at 17.30 local time,” Gholamreza Najafloo, a spokesperson, told Iranian reporters.

The Cheshire-based Golden Eagle Luxury Trains, which has organised the Jewels of Persia tour, said it marked the first time a European private train had been permitted to enter Iranian territory.

To observe Iranian requirements, alcoholic drinks are not being served during the entire section of the tour in Iran.

The train, which departed Budapest’s Nyugati terminus in mid-October, travelled through Hungary, Romania, Bulgaria and Turkey prior to the Iranian leg of the journey. Its final destination is the capital, Tehran.

Since the election of the moderate president, Hassan Rouhani, last year, Iran has invested more in its tourism industry, opening doors to a larger number of foreign visitors.

This was facilitated by the appointment of Mohammad-Ali Najafi, a western-educated Iranian politicain, as the country’s vice-president for tourism.

Najafi told the Guardian last October that Iran was overhauling its strict immigration rules to ease or abolish visa requirements for most foreign visitors. He has since stepped down from his position but taken another job with the government.

Iran is home to some of the world’s most magnificent historical and archaeological sites. Relics of a proud ancient civilisation include: Persepolis, the capital of the largest empire that the world has ever seen; the city of Isfahan; Shiraz, the city of love and poetry; and Hamadan, where Avicenna, the father of early modern medicine, is buried.

Unesco has declared 16 world heritage sites in Iran, which was historically referred to as Persia in the west until the 20th century.

Apart from Zanjan, where guests are visiting the Unesco-listed, 13th-century Soltaniyeh mausoleum, the Golden Eagle train will stop in the ancient city of Yazd, Isfahan, Shiraz and finally Tehran.

“We felt that many of our clients would be greatly drawn to the excitement of Iran for its fascinating culture,” said Ian Lomas, of Golden Eagle. “An emerging tourism market, Iran is now returning to travellers’ bucket lists. We are experiencing a significant demand for the 2015 and 2016 departures – indeed, our inaugural journey sold out within three weeks of launch date.”

Prices for the two-week tour range from £8,695 to £13,995 per person.
Source-.the guardian

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