IRCTC is expanding its payments arm, IRCTC Payments, to handle transactions across its ticketing platform and tap government clients, aiming to scale its annual payment processing to approximately 1 trillion.
Due to onset of the COVID-19 pandemic and the consequent unprecedented lockdown, e-catering services were suspended on March 22, 2020.
In a major setback to the IRCTC, Railways have decided to strip the PSU of its catering responsibilities in Rajdhani, Duronto, Shatabdi and all other mail and express trains.
Food to be cooked in base kitchens instead of trains; private players to be involved
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Travel agents in the IRCTC service have been accused of blocking tickets to sell them at a premium.
As part of efforts to revamp its services, the Indian Railways have decided to take over the catering charge of two prestigious trains from Indian Railway Catering and Tourism Corporation.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
In addition, both will offer services jointly, subject to financial viability.
Indian Railways to bring on board ready-to-eat food companies
Facing huge financial crunch, the Railways has invited suggestions from the general public to increase its revenue and reduce expenditure ahead of the upcoming Budget Session of Parliament.
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
Food aggregating platform Zomato, announced its collaboration with the Indian Railway Catering and Tourism Corporation (IRCTC) with its latest offering - 'Zomato - Food Delivery in Trains'. This collaboration aims to transform train journeys, enabling passengers to enjoy a variety of dishes from the comfort of their train seats. The service is currently live across 88 cities.
Saradha Group-run Saradha Tours and Travels tied up with IRCTC for operating tourist services to different destinations.
Around 30-50 million passengers in the reserved category have switched over to digital payments.
The government had also appointed PricewaterhouseCoopers as consultant to come up with a road map to upgrade base kitchens and service on trains.
In a relief for people travelling long distances, the Indian Railways is set to resume serving cooked meals on trains, a service which was discontinued in the wake of the coronavirus pandemic.
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.
These organisations said their campaign will continue till the display of such certification on their products are banned.
Indian Railway Catering and Tourism Corporation (IRCTC), the Indian Railways' wholly-owned listed subsidiary, is eyeing partnerships to offset recurring costs incurred in train operations, which is part of its two-year-old diversification from core catering and ticketing businesses. To this end, it is courting public sector undertakings such as Bharat Heavy Electricals (BHEL) and others to create a special purpose vehicle for the routes for which IRCTC has bid. The Railway ministry opened bids for public private partnerships in passenger train operations in July 2021 and received bids to operate 29 pairs of trains with around 40 modern rakes that would entail an investment of Rs 7,200 crore.
Indian Railway Catering and Tourism Corporation has tied up with a private player for 'e-dakiya' cash on delivery services on a separate portal, bookmytrain.com.
IRCTC to restore service charges on e-tickets from Sep 1; Rs 15 for non-AC, Rs 30 for AC classes.
The facility is available on the e-ticketing Web site www.Irctc.co.in of Indian Railways Catering and Tourism Cooperation, a PSU under the ministry of railways.
Rail tickets can now be booked on mobile phone, with the Railways on Thursday launching a new cellphone-based ticketing service.
Reliance Infocomm, in association with Indian Railway Catering and Tourism Corporation Ltd (IRCTC), has launched the railway ticket booking service through Reliance India Mobile in 120 Indian cities.
Come October and Indian Railways Catering and Tourism Corporation (IRCTC) will receive another setback, when the alternative portal being developed by the Centre for Railway Information Systems (CRIS) according to the ministry's directions goes on air.
Indian Railway Catering and Tourism Corporation is set to face a decline of Rs 300 million ( Rs 30 crore) in revenues from sale of online rail tickets in the coming financial year as a result of the reduction in service charge announced in the Rail Budget last month.
Minister of State for Railways Manoj Sinha, while replying to questions in the Lok Sabha, indicated that SMS service on train delays is under consideration.
Indian Railway Catering and Tourism Corporation (IRCTC), the country's leading online-ticketing platform, has seen a jump of 60 per cent in mobile ticket booking between January and October.
There is no hacking nor any leakage of IRCTC ticketing website and everything is safe, railway board member (Traffic) Mohd Jamshed told PTI.
With an m-cap of Rs 31,744 crore, IRCTC stood at 96th position in the overall market capitalisation ranking, the BSE data shows.
Passengers can now book a meal from the different menu options available as per the choice, for delivery at the opted station or train.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
Infotech publication Dataquest has chosen Tata Consultancy Services CEO Subramaniam Ramadorai as the 'IT man of the year 2004' and Indian Railway Catering and Tourism Corp for its 'pathbreaker award' for the same period.
On these routes, the train speed would also be increased to above 160 kmph over the next four or five years by revamping the entire signaling, tracks and fencing.
Railway passengers can book their tickets and do shopping using RuPay pre-paid debit cards.
Northern Railway has taken several measures for the people stranded in flood-ravaged Jammu and Kashmir, like running special trains from Katra, Udhampur and Jammu to different parts of the country and attaching extra coaches to regular services.
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