Business
Indian Railways plans centrally heated sleeper train, special Vande Bharat chair car for Kashmir – check features
Indian Railways eyes two special trains for Jammu & Kashmir! Indian Railways plans to introduce two new train services to enhance Kashmir connectivity in the coming month.
A centrally heated sleeper train will operate between New Delhi and Srinagar, offering a 13-hour journey through snow-covered mountains and across the 359-m-high Chenab Bridge, which is the world’s highest railway arch bridge. The train will provide premium comfort but will not include second-class sleeper coaches, sources told ET.
Previously it was being speculated that the Vande Bharat sleeper would debut on the Kashmir route, but that doesn’t appear to be the case now.
Vande Bharat for Katra-Baramulla Route in Jammu & Kashmir
- For the Katra-Baramulla route, an eight-coach Vande Bharat train with chair car seating will be introduced, a senior railway official told the financial daily.
- The
Vande Bharat Express for Jammu & Kashmir also incorporates specialised features including silicon heating pads for water tanks to prevent freezing, and toilets with warm air circulation through specially designed ducts. - In a first for Indian Railways, the loco pilots’ front glass contains embedded heating elements to prevent frost formation in sub-zero temperatures.
- The service will reduce the 246-km Katra-Baramulla journey time to three-and-a-half hours, significantly faster than the current 10-hour bus journey. Baramulla railway station lies 57 km beyond Srinagar.
Jammu & Kashmir Train Connectivity
Katra, which serves as the entry point to the Mata Vaishno Devi shrine and attracts numerous pilgrims, currently has a 16-coach Vande Bharat Express connection to New Delhi operating six days weekly.
The railway official said, “Once the Katra-Baramulla Vande Bharat becomes operational, likely by late next month, passengers will be able to seamlessly journey from New Delhi to Katra in our existing Vande Bharat and then transfer to the new service to reach Srinagar or Baramulla.”
Business
Stock market holidays 2025: BSE, NSE release holiday calendar for 2025 – check full list of month-wise stock market holidays
Stock market BSE, NSE holidays 2025: The stock exchanges in India have announced 14 trading holidays for 2025. In February, May, November and December there will be one holiday, while March and August will have two holidays each. April and October will see three trading holidays each.
This schedule was released by the stock exchange authorities a few days ago
BSE, NSE Stock Market Holidays 2025: Full list
- The first stock market holiday of 2025 will be on February 26, Wednesday, for Mahashivratri celebrations.
- March holidays are scheduled for the 14th (Friday) for Holi and 31st (Monday) for Id-Ul-Fitra (Ramzan Id).
- Three holidays in April fall on the 10th (Thursday), 14th (Monday) and 18th (Friday), marking Shri Mahavir Jayanti, Dr. Baba Saheb Ambedkar Jayanti and Good Friday respectively.
- Maharashtra Day will be observed on May 1 (Thursday). The markets will be closed on August 15 (Friday) for Independence Day and August 27 (Wednesday) for Ganesh Chaturthi.
- October’s three holidays include Mahatma Gandhi Jayanti/Dussehra on October 02 (Thursday), Diwali on October 21 (Tuesday), and Diwali Balipratipada on October 22 (Wednesday).
- The exchanges will conduct Muhurat Trading on Tuesday, October 21, 2025, with timing details to be announced later.
- Trading will be suspended on November 5 (Wednesday) for Prakash Gurpurb Sri Guru Nanak Dev Jayanti and December 25 (Thursday) for Christmas.
Several holidays coincide with weekends: Republic Day (January 26), Shri Ram Navami (April 06) and Muharram (July 06) fall on Sundays, whilst Bakri Id occurs on Saturday, June 7.
NEW DELHI: The Adani Group, that operates airports in seven cities including Mumbai and is building a greenfield one at Navi Mumbai, is expanding its presence in the aviation space. It is acquiring India’s biggest private sector MRI (maintenance, repair & overhaul) player Air Works for an enterprise value of Rs 400 crore.
Adani Defence Systems & Technologies Ltd (ADSTL) has signed a SPA to acquire 85.8% shareholding in Air Works, which does line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics and asset management services for its Indian and global customers.
Air Works does base maintenance for narrowbody, turboprop and rotary aircraft at its facilities in Hosur, Mumbai and Kochi and has regulatory approvals from civil aviation authorities of over 20 countries. It also handles defence MRO.
Adani Airports director Jeet Adani said: “The Indian aviation industry stands at a transformative juncture, now the third largest globally and on track to induct over 1,500 aircraft in the coming years. This growth aligns seamlessly with Govt’s vision to connect every corner of our nation, creating unprecedented opportunities in aviation services. For us, creating a presence in the MRO sector is more than just a strategic step — it’s a commitment to building an integrated aviation services ecosystem that strengthens the backbone of India’s aviation infrastructure. Together, we are excited to play a pivotal role in shaping the future of India’s skies,” said
Adani Defence & Aerospace CEO Ashish Rajvanshi said: “This acquisition represents a pivotal step in Adani Defence & Aerospace’s mission to strengthen India’s MRO capabilities. Our vision is to deliver a full-spectrum MRO offering — spanning line, base, component, and engine maintenance — to meet the needs of both commercial and defence aviation sectors. In a time when
aatmanirbharta
in defence is a national imperative, we stand fully committed to scaling domestic capabilities to serve both our armed forces and the broader aviation sector.”
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