Sep 30, 2019 09:16 AM IST
- Sep 29, 2019 05:39 PM IST
The offer is a part of government's divestment programme for current financial year 2019-20 and shares will be offered to employees and retail investors at a discount to final price.
- Sep 27, 2019 07:53 PM IST
The private operators will run the trains on routes allocated to them on payment of applicable charges.
- Sep 27, 2019 04:09 PM IST
ICICI Direct has come out with its report on IRCTC. The research firm has recommended to "Subscribe'' the IPO in its research report as on September 27, 2019
- Sep 27, 2019 04:03 PM IST
Anand Rathi has come out with its report on IRCTC. The research firm has recommended to "Subscribe'' the IPO in its research report as on September 27, 2019
- Sep 27, 2019 12:24 PM IST
Cholamandalam Securities has come out with its report on IRCTC. The research firm has recommended to "Subscribe'' the IPO in its research report as on September 26, 2019
- Sep 25, 2019 12:27 PM IST
As it is an offer for sale issue, the company will not receive any proceeds from the offer and all proceeds will go to the selling shareholder.
- Sep 24, 2019 07:15 PM IST
The indicative list identified by the Railway Board for private train operation includes intercity, long-distance and suburban routes.
- Sep 20, 2019 09:46 AM IST
With a monopolistic business model and a strong balance sheet, the company is strongly placed for future growth
- Sep 04, 2019 11:10 AM IST
The Indian Railways will need massive investments to transform into a modern transporter. Seeking private investment is a welcome step.
- Aug 31, 2019 03:26 PM IST
The IRCTC will levy a service charge of Rs 15 per ticket for non-AC classes and Rs 30 for AC classes, including first class, according to the August 30 order issued by IRCTC.
- Aug 27, 2019 03:45 PM IST
These trains will be the only ones on the rail network where on-board ticket checking will not be done by the railway staff, but by IRCTC personnel.
- Aug 26, 2019 08:05 PM IST
In addition to the other facilities, free travel insurance of Rs 50 lakh and a burglary cover for your home while you are on the train will also be provided along with the tickets
- Aug 22, 2019 03:35 PM IST
According to market sources, the IPO would be worth about Rs 500-600 crore.
- Aug 20, 2019 06:22 PM IST
According to a blueprint prepared by the Railway Board to hand over the two trains to the railways' tourism and catering arm for a period of three years as a pilot project, no concessions, privileges or duty passes will be allowed on these trains.
- Aug 09, 2019 12:50 PM IST
E-tickets, especially for the sleeper and air-conditioned coaches, will have a service charge of Rs 20 and Rs 40, respectively
- Jul 09, 2019 06:38 PM IST
The ruling came on a complaint filed by Consumer Educational and Research Society (CERS) and Parul Choudhary alleging abuse of dominant position by IR and IRCTC.
- Jul 01, 2019 06:59 PM IST
The court had in April this year ruled that the businesses and operation of the website and mobile application RailYatri were unauthorised.
- Jun 20, 2019 06:09 PM IST
Experts believe that the railway ministry will have to dole out some kind of incentives such as better facilities or cashback like that of the Ujjwala scheme, to convince passengers to give up the subsidy
- Jun 19, 2019 03:33 PM IST
So far, 387 agents have been arrested by the Railway Police over alleged involvement with the black market.
- May 15, 2019 09:22 PM IST
Railways currently manages around 2,000 retiring rooms or dormitories at more than 600 stations. The facility is meant to provide reasonable safe transit accommodation to bona fide passengers, who can book a retiring room for a maximum of 72 hours.
- Apr 17, 2019 03:02 PM IST
The finance ministry earlier this year initiated the process of launching an IPO of Indian Railway Finance Corporation (IRFC) but the company has told the railway ministry that their borrowing cost will go up if it gets listed, the official said. A final call on this would be taken by the Union Cabinet.
- Apr 07, 2019 12:41 PM IST
A railway spokesperson said doctors at Gomoh station attended to those taken ill and all of them are stable.
- Feb 28, 2019 03:15 PM IST
Under this new arrangement, IRCTC will have full control of the payment system because of its direct relationship with acquiring banks, card networks and other partners.
- Jan 28, 2019 10:36 AM IST
According to a release issued by the Railway Protection Force, the premises of Puja Travels, which ran from the basement of a hotel, were raided following a tip-off about illegal sale of tickets which was confirmed by the IRCTC.