Rites Limited News Today

AD Ports Group has announced the signing of strategic Memoranda of Understanding (MoUs) with Gujarat Maritime Board, and RITES Limited, a certified multi-disciplinary transport and infrastructure company.

The new Ayodhya Dham railway station, inaugurated by Prime Minister Narendra Modi, combines traditional temple architecture with modern facilities. Renamed from Ayodhya Junction, it aims to prevent confusion with Ayodhya Cantt. The building features a shikhar style dome, bow and arrow motifs, and references to Lord Ram. The stations expansion aligns with preparations for the consecration of the Ram temple on January 22, catering to the expected influx of devotees

Railways was among the last sectors to get re-rated due to the policy focus. But the speed at which the stocks got re-rated was very sharp. Whether it was companies which are financing the expansion of railways or private sector companies which are making coaches in the last eighteen months all of them have done extremely well . After they reach a certain level of valuations where they may not be classified as cheap. The question is whether the policy push which may continue in coming years will...

Growth for such stocks could come down, particularly in fiscal 2024, with fresh orders relatively low and existing orders getting exhausted because of higher execution

A consortium consisting of a local company and two Peruvian companies have submitted a bid of $1.3 billion to provide consultancy services for the Ministry of Public Works’ US$192M East Coast Demerara road project.

Amid the massive spike in Covid-19 cases, several corporate houses and auto majors in Gurugram will be setting up temporary hospitals and other necessary medical equipment for covid patients under the Corporate Social Responsibility (CSR) ...