Morning Current Affairs: 11 January 2018

Mumbai's Matunga Railway Station enters Limca Book of Records 2018 for posting all women staff
Matunga Railway Station in Mumbai Division of Central Railway has entered into Limca Book of Records 2018 for posting all women staff managing the operations of the stations.

Matunga Railway Station became first of its kind station in Indian Railways to post ladies staff across all departments such as operations, commercial, RPF, etc.

Mumbai Division of Central Railways have posted a total of 41 women staffers who are working under the supervision of station manager Mamta Kulkarni. Incidentally Mamta Kulkarni is first ASM to be recruited on Mumbai Division of Central Railway in 1992.

108 Years Old Monorail used by Maharaja of Patiala is now operational
One important heritage attraction at National Rail Museum- a 108 yrs old monorail, which was used by Maharaja of Patiala Lt Bhupinder Singh, became operational on 11 January 2018.

The National Rail Museum announced to start this heritage train on every Thursday for visitors. This monorail, hauled by steam locomotives, is one of its kinds in the world.

National Rail Museum (NRM) is the focus of Rail Heritage of India, a source of fascination and interest in Railways for all. The Museum promises to take the visitors on an exciting journey into the Railway history and heritage and depict their contribution to the industrial and economic progress of the country.

Union Government divests 2.52 per cent paid-up capital in National Mineral Development Corporation
Union Government on 10 January 2018 successfully divested 2.52 per cent of paid-up capital in National Mineral Development Corporation (NMDC) for an amount of Rs 1200 crore approx.

Out of this total amount, Rs 980.05 crore came from non-retail investors and Rs 232 crore came from retail investors through Offer for sale (OFS) mechanism.

Originally, the disinvestment in NMDC was pegged at basic issue size of 1.5 per cent of paid-up capital at floor price of Rs 153.50 per share. The issue got over-subscribed by three times the base issue size.