World’s Fastest Trains to be re-launch by China


Following two crashes in 2011 killing 40 people, Fuxing or “rejuvenation” bullet trains top speed was transcend at 300km/h (186mph) in 2011. Soon in few days once again China’s fleet of high speed trains will run at a higher speed of about 350 km/h.

IHCL shares down 7% after board approves right issue

About an hour off the journey time should be cut by the higher maximum speed between Beijing and Shanghai. China’s 7 bullet trains will be permitted to travel at the increased maximum speed by 21 September.

The trains have been named “Fuxing” Chinese for rejuvenation in line with a national government slogan and development plan. It is planned to mark the return of the higher-speed service.

In case of an emergency, all the trains have been fitted with an improved monitoring system. This monitoring system is designed to slow or even stop the train to avoid major accidents. It is believed that China has about 19,960km (12,400 miles) of high-speed rail tracks.

HPCL up 4% as ONGC board approves corporation takeover

The nation’s rail operator is believed to be looking into ways to upgrade track to let the engines run even faster perhaps at speeds approaching 400km/h. In 2011 the crashes of the high-speed trains led to a state investigation into the railways ministry which uncovered widespread corruption. Many officials were charged with corruption and abuse of power during the inquiry. Also two senior officials were given suspended death sentences.