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.
Less than a month before assembly polls in Bihar, a Delhi court on Monday framed charges against Rashtriya Janata Dal chief Lalu Prasad Yadav, former Bihar chief minister Rabri Devi and their son and leader of opposition Tejashwi Yadav in the alleged IRCTC scam case.
The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.
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.
Travelling from South India to Kashmir in December was magical for Ganesh Nadar as he feasted his eyes on the beauty of the snow-capped Himalayas.
In a first, seat number 64 of coach B5 in the Kashi-Mahakal Express, that connects three Jyotirlingas in two states, had been turned into a mini-temple devoted to Lord Shiva.
These organisations said their campaign will continue till the display of such certification on their products are banned.
Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.
The bus careened and went down to a field behind the highway, leaving a few passengers slightly injured. Its occupants were brought back to Purulia town in West Bengal for medical treatment, a party leader said.
The 17-day pilgrimage tour will include nine stops at destinations relevant to Lord Ram.
Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.
Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
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 and Yebhi's partnership was based on a revenue sharing model where Yebhi held inventory for IRCTC and shared about 2-10 per cent of the revenue.
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 'Takht Express' would be launched on December 23 from Chandigarh. It would cover six sacred destinations for Sikhs, including Amritsar in nine days, Rakesh Tandon, managing director of the Indian Railway Catering and Tourism Corporation said in Beijing.
What 81 million Indian netizens have been searching for on the web?
The Shivraj Singh Chouhan government in Madhya Pradesh will be taking some senior citizens in the state on free pilgrimages by air under its existing scheme and the exercise will start from May 21, months before the assembly polls in the Bharatiya Janata Party-ruled state.
About 11.61 crore (116.1 million) train tickets involving fare of Rs 9,498.45 crore (Rs 94.98 billion) were booked through IRCTC website in the last fiscal.
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.
Passengers have been long complaining of the IRCTC website crashing as soon as the booking commences in the morning.
IRCTC group general manager Virendra Singh (Western region) inaugurated the food stall in presence of divisional railway manager, Nagpur division of Central Railway, D K Sharma.
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.
Travel agents in the IRCTC service have been accused of blocking tickets to sell them at a premium.
Initially the Commonwealth Games Organising Committee had considered giving the whole catering contract to Indian Railway Catering and Tourism Corporation as cost-cutting measure but the proposal could not materialize as IRCTC made inordinate delays in responding, the OC said on Saturday.
The Indian Railway Catering and Tourism Corporation has introduced online booking of tickets for superfast trains departing from Chennai.\n
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.
The decision, if materialises, could be yet another setback for IRCTC, thanks to the new catering policy unveiled recently which stripped the Railway public sector unit of its catering responsibility that formed its core business.
The delicacies range from masala dosa to egg and vegetable biryani. The facility is only for those who have fully confirmed e-tickets.
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.
Ticket sale data between April and July 2009 provided by the Indian Railway Catering and Tourism Corporation (IRCTC), which sells online tickets, out of the 880,000-odd tickets sold online everyday, around 300,000, or 34 per cent, were online.
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
Lalu Prasad, in his tenure, had more than doubled the number of tatkal seats, and thereby had taken out the number of berths available under normal reservation. The additional tatkal seats that are thrown open for reservation at the last moment came at a premium of Rs 75-300 and earned more revenue for the Indian Railways. Some, however, allege that this reduced the chances for passengers to buy cheaper tickets in advance.
In an attempt to standardise food served on trains across the country, the Indian Railway Catering and Tourism Corporation has introduced a common recipe book to be used by all private caterers, dishing out snacks and meals to travellers. The IRCTC will work towards having menu cards installed on every coach of the train which will provide food details and call numbers in the event of any complaints or suggestions.
Travel like a king in India's super luxury train, the Maharaja Express, for a fare ranging from Rs 36,000 ($800) to Rs 1,12,500 ($2500) per day!
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.
With the Indian Railway Catering and Tourism Corporation pushing electronic booking of tickets and scores of online travel portals entering the business, the share of tickets sold online in the total ticket revenues of the railways has doubled to nearly 30 per cent this year.
In fact, with the increasing penetration and use of the internet, IRCTC's ticketing revenue has seen an increase of 462 per cent over the past three years. From Rs 704.9 crore (Rs 7.04 billion) in 2006-07 and Rs 1,744.7 crore (Rs 17.44 billion) in 2007-08, the corporation got Rs 3,966.98 crore (Rs 39.66 billion) from sale of online tickets last year.
Railway tickets can now be booked at select Indian Oil petrol pumps and LPG stations, following an agreement between IOC and Indian Railway Catering and Tourism Corporation in this regard.