India s First High-speed Railway Track: Indian Railways is soon going to realize the dream of the country s first fast railway test track, work is in progress 24/7. Construction of the country s first railway test track, being built on the lines of America, Australia and Germany, is underway near Navan City Railway Station in Didwana district of Rajasthan.
Rajasthan: India s first high-speed railway trial track to be ready by Oct 2024 webindia123.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webindia123.com Daily Mail and Mail on Sunday newspapers.
Shareholders of Allcargo will get 1:1 shares in the demerged Allcargo ECU Limited and continue to hold their shares in Allcargo Logistics, which will now be the resulting entity holding Express and Contract Logistics business directly.
Rajasthan: India s first high-speed railway trial track to be ready by Oct 2024 singaporestar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from singaporestar.com Daily Mail and Mail on Sunday newspapers.
The restructuring started with selling its non-core assets, progressed to giving exits to its partners and acquiring their stakes in business and has culminated with this demerger. The Allcargo Group will now have four listed entities Allcargo ECU, Allcargo Logistics (that will include the express business after it acquired Gati) apart from Allcargo Terminals and Transindia Real Estate, in each of which its promoters own 70%.