i Develop Stocks Advisory

Rail budget updates... Railways to make steel coaches from now onwards this should benefit steel producing companies. Railways to implement IT technologies, and smart cards, online booking facilities on mobiles, etc. This should provide oppotunities to software and IT companies for providing the same facilities. Railways to also implement professionals fro cleaning and other services this should benefit service sectors providing these types of facilities. Railways to improve port connections, coal-carrying network. Indian railways expects to load 790mn tons of Freight FY08. Cash Surplus with railways in 07-08 at Rs250bn