Business Economy


Siemens consortium wins India's first high-speed rail project worth Rs 4100 cr from NHSRCL

Mumbai, June 17 (UNI) Siemens India on Tuesday said that the consortium led by Dineshchandra R Agrawal Infracon Private Limited, Siemens Limited, and Siemens Mobility GmbH been awarded a Rs 4,100 crore contract by National High Speed Rail Corporation Limited (NHSRCL)—the implementing agency for India’s first high-speed rail project.
The contract includes Siemens Limited’s share of Rs. 1,230 crore for the design, installation, and long-term maintenance of advanced signalling and telecommunications technologies. The project is expected to be executed over a period of 54 months, with Siemens providing 15 years of maintenance services, ensuring lifecycle reliability, the company release said.

Under the agreement, Siemens will implement European Train Control System (ETCS) Level 2-based signalling and train control technologies. The technologies will be designed to support train operations at speeds up to 350 km/h, enabling real-time train supervision, continuous wireless communication, and centralised traffic management.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “As a consortium, we are proud to partner with National High Speed Rail Corporation Limited in the prestigious high-speed rail project. This project reflects our commitment to ‘Make in India’ and delivering technologies that promote sustainable and future-ready mobility.”
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Lumino Industries gets Sebi nod for Rs 1,000 crore IPO

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17 Jun 2025 | 6:50 PM

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Kottayam-Kochi Rubber Market Rates

17 Jun 2025 | 5:00 PM

Kottayam, June 17 (UNI) Following were the Rubber Market rates announced by the Rubber
Board here on Tuesday per quintal
KOTTAYAM
RSS FOUR: 19800
RSS FIVE : 19500
ISNR TWENTY: 17600
SIXTY PERCENT LATEX: 14265
KOCHI
RSS FOUR : 19800
RSS FIVE : 19500
INTERNATIONAL RATES (BANGKOK)
RSS One : 20137
RSS Two : 19978
RSS Three: 19832
RSS Four : 19753
RSS Five : 19634
KUALALUMPUR
SMR TWENTY : 14529($168.90)
SIXTY PERCENT LATEX : 12046($140.05)
UNI PA BM.

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