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Nepal, India revise railway service pact

644 Kathmandu, July 4 In a major boost to the Nepal-India bilateral ties, the two neighbouring countries revised the Railway Service Agreement on June 30, according to a media report. According to the revised text of the Letter of Exchange, all authorised private container train operators (Indian as well as Nepali) will be able to utilise the Indian railway network to carry freight containers for Nepal’s imports or exports, ending the monopoly of the Indian government-owned Container Corporation of India, the Kathmandu Post daily reported. The agreement was singed in 2004 and the two sides have tried to amend it several times in the past. As the countries are planning to expand and extend more cross-border railway service in both passengers and cargo facilities, the agreement was needed to be revises without any delay, a Nepali official said. IANS

Willoughby: Aspen s temporary tent with staying power

Legends & Legacies Side entrance of original tent during a concert intermission. Note the four tall supporting poles and inner rings of supporting poles. Willoughby collection The first tent went by several names, Goethe Music Festival Tent and Aspen Amphitheater, but very quickly earned the shorter moniker “the tent.” Walter Paepcke constructed it for the Goethe Bicentennial. A constrained budget and the thought it would be temporary or one time use only structure restrained its design. It endured for 15 years and became the home of the Music Festival. The budget for the project was $60,000 ($550,000 in today’s dollars). It stretched 147 feet wide and seated 1,000 depending on how close people sat to each other. There were basically three components, a concrete bowl that dropped nine feet to its center to provide raked seating so patrons would not have obstructed views, a permanent stage-acoustics structure, and a canvas tent for summer use only that would cover everythi

Nepal, India revise Railway Service Agreement

Nepal, India revise Railway Service Agreement ​ By IANS | ​ 2 Views In a setback to China, Nepal green lights India rail project. Image Source: IANS News Kathmandu, July 4 : In a major boost to the Nepal-India bilateral ties, the two neighbouring countries have revised the Railway Service Agreement on June 30, according to a media report. According to the revised text of the Letter of Exchange, all authorised private container train operators (Indian as well as Nepali) will be able to utilise the Indian railway network to carry freight containers for Nepal s imports or exports, ending the monopoly of the Indian government-owned Container Corporation of India (CONCOR), the report published in the Kathmandu Post daily said.

Sensex laggards: 10 laggards of 2020 make up for lost year in six months Worth a look?

Greaves Cotton is up 89 per cent in the six months after shedding 36 per cent last year. At Rs 160.45, the stock trades at 20 per cent above its December 2019 levels. Brokerages Sharekhan and ICICIdirect are positive on the stock, as they believe the company is well-poised to benefit from faster adoption of electric vehicles in India, especially in the electric two-wheeler and three-wheeler (e-3W) segments, where the company has a strong portfolio and growth strategies in place. Recent revisions of the FAME II scheme by the department of heavy industries are also seen as positives for the company. Greaves has managed to display a strong quarterly revenue growth run rate despite lacklustre sales in three-wheeler engines. Given the improved business outlook and expectations of improving three-wheeler sales, we maintain our positive stance on the stock and retain a buy call,” Sharekhan said.

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