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But rescuers expect the death toll to rise further, as many people are thought to be trapped under upturned carriages. A damaged train carriage, following the deadly collision in Balasore, India, on June 2. Video footage and photographs from Friday’s crash site show scenes of chaos and despair. Rescuers search for survivors at the site of the crash in Balasore district, in the eastern Indian state of Odisha, on June 2. The latest crash comes as India carries out a major overhaul of its infrastructure, with the country investing millions to modernize transport links.
Persons: Sudhanshu Sarangi, Railway Minister Ashwini Vaishnaw, Narendra Singh Bundela, ” Bundela, , , Narendra Modi, Modi Organizations: CNN, Rescuers, Fire Services, NDTV, Railway Minister, Response Force, Press Trust of, Force, Rapid Action Force, Soro Block, , Bharatiya Janata Party, National Crime Records, Western Locations: India, Balasore, Odisha, Bahanaga, Balasore district, Press Trust of India, Soro, Uttar Pradesh, New Delhi, Mumbai, country’s Jammu, Kashmir
The other passenger train was a Yesvantpur-Howrah Superfast Express train, running from a commuter hub in Bangalore to Kolkata, the capital of the eastern state of West Bengal. India’s railway minister, Ashwini Vaishnaw, said that he had ordered an investigation into the cause and that those affected by the crash would receive compensation. Site of the train crash An initial government report said that the Coromandel Express passenger train derailed while traveling at full speed. In 2016, 14 train cars derailed in India’s northeast in the middle of the night, killing more than 140 passengers and injuring 200 others. Within hours of Friday’s disaster, some opposition politicians were already calling for the resignation of Mr. Vaishnaw, India’s railway minister.
Persons: Ashwini Vaishnaw, Derailments, Jitendra Prakash, Narendra Modi, Modi, Modi’s, Amit Dave, Suresh Prabhu, Mr, Vaishnaw, Mujib Mashal Organizations: Chennai Coromandel Express, South Eastern Railway, Express, Coromandel, INDIA, Economic, Disaster Management, Reuters Rail Locations: India, Balasore, Odisha State, Shalimar, Chennai Coromandel, India’s, Howrah, Bangalore, Kolkata, West Bengal, Bahanaga Bazar, Bhubaneswar, Odisha’s, Odisha, Bihar, Pukhrayan, Delhi, Mumbai, Ahmedabad
More than 280 people were killed and over 1,100 injured in a three-way crash involving two passenger trains and a freight train in eastern Odisha state on Friday, officials said. BJP4India/TwitterThe cause of Friday’s crash remains unclear, but senior state railway officials told CNN that it is suspected to have been caused by a traffic signaling failure. Video footage and photographs from the crash site near Bahanaga Bazar rail station showed scenes of chaos and despair. An official overseas rescue efforts at the site of the train crash in Balasore. An aerial view of the derailed coaches in Balasore.
Persons: Narendra Modi, Modi, Ashwini Vaishnaw, ” Modi, , “ It’s, Sudhanshu Sarangi, “ We’ve, Piyal Adhikary, Anshuman Purohit, ” Rohit Raj, Dibyangshu Sarkar, , Narendra Singh Bundela, ” Bundela, Stringer, Rafiq Maqbool, AP Modi, Shehbaz Sharif, Rishi Sunak, Ursula von der Leyen, Fumio Kishida Organizations: India CNN — Indian, Bharat, CNN, Chennai Coromandel, Passengers, NDTV, Getty, Response Force, Reuters, National Crime Records, Western, AP, Force, Rapid Action Force, Soro Block, , British, EU, Japan’s Locations: Bhubaneswar, India, Odisha, Balasore, Shalimar, Chennai, Yesvantpur, Howrah, Bahanaga Bazar, AFP, Andhra Pradesh, Uttar Pradesh, New Delhi, Mumbai, country’s Jammu, Kashmir, Soro
Video footage of the scene of the crash showed stunned onlookers, and Indian news reports said more than 50 ambulances had arrived to the area, along with teams of doctors to tend to the injured. Ashok Samal, a shopkeeper, told The Hindustan Times that he was ending his day near the railway track in his village of Bahanaga on Friday when he heard a deafening noise, ran to the track on the main line between Kolkata and Chennai, and saw a pile of mangled train cars. “There were loud shrieks and blood all over,” he told the newspaper, adding that he saw people trapped under coaches and people wailing for help. Ashwini Vaishnaw, the minister of railways, said on Twitter that the National Disaster Response Force had been mobilized, along with rescue workers from the air force. Dozens of trains were canceled.
Persons: Ashok Samal, , Ashwini Vaishnaw Organizations: Hindustan Times, Twitter, Force Locations: Bahanaga, Kolkata, Chennai
BHUBANESWAR/KOLKATA June 2 (Reuters) - At least 50 people were killed and 350 injured when two passenger trains collided in the eastern Indian state of Odisha on Friday, Indian media reported. The Coromandel Express, which runs from Kolkata to Chennai, collided with another passenger train, the Howrah Superfast Express, railway officials said. The Howrah Superfast Express derailed and became entangled with the Coromandel Express, South Eastern Railway authorities said in a statement. Media reports had earlier said that the crash was between the Coromandel Express and a goods train. Media reports said at least 50 people had died.
Persons: Pradeep Jena, Naveen Patnaik, Narendra Modi, Railways Ashwini Vaishnaw, Abinaya, Jatindra, Nag Choudhury, Shubhendu Satish Deshmukh, Andrew Heavens, David Holmes, Frances Kerry Organizations: Eastern Railway, Media, Coromandel, Reuters, REUTERS, Railways, Force, Thomson Locations: BHUBANESWAR, KOLKATA, Odisha, Kolkata, Chennai, Howrah, Balasore district, Balasore, India, Odisha's Bhubaneswar, West Bengal, Bengaluru
CNN —India is now home to the world’s tallest railway bridge. Some 35 meters (over 10 feet) taller than the Eiffel Tower, the Chenab Bridge sits 359 meters (around 109 feet) above the Chenab River in India’s contentious Jammu and Kashmir region. The 1,315 meter-long (4,314 feet) bridge is part of a broader project to make the Kashmir Valley accessible by the Indian Railway network. In addition to the Chenab Bridge, the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project involves what will become the country’s longest transportation tunnel and Indian Railways’ first cable bridge. “Once we will be connected by train with the rest of India, it will be a big boost to this industry, agriculture as well as fruit.”The Chenab bridge is part of efforts to link Kashmir with the rest of India.
“From education and developers to manufacturing and the environment, we’re committed to growing and investing across the country,” Cook wrote on Twitter following the meeting. The California-based giant is the world’s second biggest smartphone maker behind Samsung (SSNLF), but its 6% share of the Indian market remains small. Apple has also been ramping up its manufacturing in India, where it first began making iPhones in 2017. In recent months, it has expanded production there after suffering supply chain snags in mainland China, which accounts for the bulk of its smartphone manufacturing. Last month, Foxconn CEO Young Liu also spent a week in the country and met with Modi.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's going to be a lot of innovation in chip manufacturing, Indian minister saysAshwini Vaishnaw, India's minister of railways, communications and electronics and information technology, discusses the innovations he expects to see in two to three years.
India’s Vodafone rescue has strings attached
  + stars: | 2023-02-06 | by ( ) www.reuters.com   time to read: +2 min
MUMBAI, Feb 6 (Reuters Breakingviews) - New Delhi has finally come good on its promise to convert Vodafone Idea’s (VODA.NS) dues worth $2 billion into an equity stake. The state’s move, which dialed up a 10% gain in Vodafone Idea’s stock, could ease the company’s pressures elsewhere. A recently extended repayment schedule for $194 million of cash owed to American Tower (AMT.N) should bolster its chances, too. India’s Telecommunications Minister Ashwini Vaishnaw said on Friday that concomitant with the swap is a “firm commitment” of fresh capital from the Aditya Birla group, Vodafone Idea’s second-largest shareholder. For a group that has often expressed a wish to exit the telecom business, the bailout must feel like a Pyrrhic victory.
NEW DELHI, Jan 23 (Reuters) - Apple Inc (AAPL.O) wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday, as the iPhone maker continues to move its manufacturing away from China. "Apple, another success story," Piyush Goyal said, pitching India as a competitive manufacturing destination. Goyal did not say when Apple wants to meet the target. Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, sources told Reuters late last year. Ashwini Vaishnaw, Indian's electronics and information technology minister, tweeted on Monday that Apple's exports from India had hit $1 billion in December.
India’s Vodafone stress test may have ugly results
  + stars: | 2023-01-06 | by ( Una Galani | ) www.reuters.com   time to read: +4 min
Investors cheered, and many customers in its now-234 million-and shrinking subscriber base breathed a sigh of relief. Vodafone, meanwhile, is now calling on the banks for fresh loans, per the Economic Times. That may not have been sufficient, but there was no disclosure by the company stating that the swap was conditional on the existing owners’ financial commitment. India’s politicians are careful to avoid situations where they might be accused of being too generous to foreign multinationals. With so much stress, though, other creditors might find a reason to pull the rug from under the company’s feet sooner.
MUMBAI, Jan 6 (Reuters) - Loss-making Indian telecom operator Vodafone Idea has sought at least 70 billion rupees ($846 million) in emergency funds from local banks, which are however reluctant to extend fresh loans, four sources familiar with the matter said. "Without that (capital injection) it looks difficult for the company to ...survive," said one top official at a state-owned bank. Vodafone Idea (VODA.NS), the telecom ministry, and State Bank of India (SBI.NS) - the country's largest lender which the company has approached for financing - did not immediately respond to Reuters requests for comment. A feasibility study shared by Vodafone Idea with its bankers suggested the business might need a radical restructuring in order to survive, several of the sources said. An equity conversion by the government would be expected to raise its stake in the company to beyond 30%.
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