Sep 22, 2017 10:51 AM IST
Sources told BS that Railways Minister Piyush Goyal wants to first resolve the financial issues before the public sector businesses are listed. This is so that the Ministry gets a better valuation.
- Sep 11, 2017 11:31 AM IST
Yadav has cited his ongoing court case in Ranchi while Tejashwi has said he has prior political commitment while expressing inability to appear before the agency on the date of summons-- September 11 and 12--issued by the CBI, the sources said.
- Aug 30, 2017 12:59 PM IST
The companies offering this travel insurance are Royal Sundaram General Insurance, ICICI Lombard General Insurance and Shriram General Insurance.
- Jul 23, 2017 10:02 AM IST
In order to better the quality of food, the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) will set up new kitchens and upgrade the existing ones, the ministry said in an official statement.
- Jul 15, 2017 03:03 PM IST
Officials claimed that the service has been doing well in the Western zone, specially Maharashtra, due to a wide base of vendors and higher purchasing capacity of passengers
- Jul 15, 2017 02:44 PM IST
Officials claimed that the service has been doing well in the Western zone, specially Maharashtra, due to a wide base of vendors and higher purchasing capacity of passengers.
- Jun 02, 2017 01:05 PM IST
Paytm also expects to clock over 3X growth in number of train tickets booked through its platform this financial year
- May 09, 2017 10:10 PM IST
IRCTC through its website and mobile app has now introduced pay-on-delivery as one of the payment options for its customers, said a senior IRCTC official.
- Apr 06, 2017 05:15 PM IST
Politics has always come in the way of fare hikes as parties fear losing votes. With less interference, the Railways have more freedom to hike fares.
- Apr 06, 2017 03:15 PM IST
By giving Railways the freedom to fix fares, it will now be able to garner more money to spend on much-needed safety measures and capital expenditure.
- Apr 03, 2017 03:13 PM IST
The Securities and Exchange Board of India (SEBI) and the government are looking at various options to work around the challenges the Centres faces to offload its stakes in public sector companies to meet the August 2017, reported Business Standard.
- Mar 31, 2017 10:37 PM IST
The service charge exemption on railway tickets booked online has been extended till June 30.
- Mar 21, 2017 03:40 PM IST
The Railways have posted a rate card for food sold on trains after several complains from passengers on Twitter.
- Mar 07, 2017 08:26 PM IST
Railways has introduced 33 percent of sub-quota for women in the allotment of food stalls at rail premises as a special provision in the new catering policy.
- Mar 02, 2017 07:04 PM IST
The company's Mango Sip is currently available in all major formats of IRCTC. It has started supplying Fruits Up in key stations and aims at expanding its presence across entire railways network, it said in a statement.
- Mar 02, 2017 05:04 PM IST
The Railways will soon move towards Aadhaar-based online ticketing system to prevent touts from blocking a bulk of tickets, end fraudulent bookings and curb
cases of impersonation.
- Feb 27, 2017 09:16 PM IST
Flooded with complaints on the food quality, the railways replaced the existing policy after seven years giving back onboard catering responsibility to the IRCTC for majority of trains.
- Feb 20, 2017 11:51 AM IST
Indian Railway Catering and Tourism Corporation‘s (IRCTC) plan to see itself listed on the stock exchange might hit a roadblock as the waiver of service charge by the government on online ticket booking could lead to losses making the stock unattractive, reports Economic Times.
- Feb 20, 2017 10:54 AM IST
The government is considering divesting a portion of the paid-up equity share capital through an IPO and has sought Expression of Interest (EoI) from merchant bankers by March 16.
- Feb 06, 2017 08:19 AM IST
In last week's federal Budget, Finance Minister Arun Jaitley set a 725 billion rupees (USD 10.76 billion) target for divestment in the 12 months from April 1, up from a revised 455 billion rupees goal in the current fiscal year.
- Feb 03, 2017 04:51 PM IST
One unlisted unicorn (from the government‘s stable) seems to be creating waves by churning out solid numbers and suddenly had the spotlight shone on it when Finance Minister Arun Jaitley announced that it would be listed: IRCTC.
- Feb 02, 2017 04:50 PM IST
The industry, which was endorsed by Finance Minister Arun Jaitley as a sector of economic importance, has welcomed the proposed decisions, saying that the steps will make travel more "accessible and reduce friction between the user and service provider".
- Feb 01, 2017 04:52 PM IST
Railway tickets booked online through Indian Railways‘ IRCTC portal will get marginally cheaper as they will no longer attract a service charge. Sleeper class tickets booked on IRCTC website are issued against a service charge of Rs 20 per transaction, while AC class tickets for Rs 40 approximately.
- Feb 01, 2017 03:20 PM IST
Government today said it will raise Rs 72,500 crore through disinvestment of PSUs, including listing of three railway PSUs IRCTC, IRFC and IRCON, and proposed merger and consolidation to create globally competitive public sector units.
- Feb 01, 2017 02:14 PM IST
With railways plagued by repeated derailments, government today proposed setting up of a special safety fund of Rs 1 lakh crore that will cover upgradation of tracks and signalling besides elimination of unmanned level crossings.