The railway ministry is working on a proposal with the Ministry of Rural Development to jointly fund key railway projects by utilising the government’s flagship National Rural Employment Guarantee Scheme (NREGS).
The white paper (official position statement) on organisational, operational and financial performance of the railways, presented in Parliament today, busted former railway minister Lalu Prasad’s claims of raking in record profits during his 2004-09 stint.
Wall Street is jeering Yahoo! Inc Chief Executive Officer (CEO) Carol Bartz, for the deal she cut with Microsoft Corp last week. The blame is misplaced.