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  • Railways may delay IRCTC, IRFC IPOs, aims to resolve financial issues first Sep 22, 2017 10:51 AM IST

    Railways may delay IRCTC, IRFC IPOs, aims to resolve financial issues first

    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.

  • CBI to give fresh dates to Lalu Yadav, Tejashwi Sep 11, 2017 11:31 AM IST

    CBI to give fresh dates to Lalu Yadav, Tejashwi

    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.

  • How availing train travel insurance through IRCTC will help you Aug 30, 2017 12:59 PM IST

    How availing train travel insurance through IRCTC will help you

    The companies offering this travel insurance are Royal Sundaram General Insurance, ICICI Lombard General Insurance and Shriram General Insurance.

  • A day after CAG's report, IRCTC forms new policy to upgrade quality of food Jul 23, 2017 10:02 AM IST

    A day after CAG's report, IRCTC forms new policy to upgrade quality of food

    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.

  • IRCTC e-catering services' earnings at Rs 17 crore in FY17 Jul 15, 2017 03:03 PM IST

    IRCTC e-catering services' earnings at Rs 17 crore in FY17

    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

  • IRCTC e-catering services, earned up to Rs 1 lakh to Rs 17 crore Jul 15, 2017 02:44 PM IST

    IRCTC e-catering services, earned up to Rs 1 lakh to Rs 17 crore

    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.

  • Paytm becomes India's second largest train ticket booking platform Jun 02, 2017 01:05 PM IST

    Paytm becomes India's second largest train ticket booking platform

    Paytm also expects to clock over 3X growth in number of train tickets booked through its platform this financial year

  • IRCTC to now offer 'pay-on-delivery' for train tickets May 09, 2017 10:10 PM IST

    IRCTC to now offer 'pay-on-delivery' for train tickets

    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.

  • Railways gets a regulator: Expect less politics but be prepared to pay more Apr 06, 2017 05:15 PM IST

    Railways gets a regulator: Expect less politics but be prepared to pay more

    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.

  • New railway regulatory body gives Prabhu legroom, companies a leg up Apr 06, 2017 03:15 PM IST

    New railway regulatory body gives Prabhu legroom, companies a leg up

    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.

  • Centre hope meet PSUs' holding cap through special funds Apr 03, 2017 03:13 PM IST

    Centre hope meet PSUs' holding cap through special funds

    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.

  • Service charge exemption on railway e-ticket extended till June 30 Mar 31, 2017 10:37 PM IST

    Service charge exemption on railway e-ticket extended till June 30

    The service charge exemption on railway tickets booked online has been extended till June 30.

  • Travelling by train? Don't pay more than Rs 7 for chai-coffee, says Railways Mar 21, 2017 03:40 PM IST

    Travelling by train? Don't pay more than Rs 7 for chai-coffee, says Railways

    The Railways have posted a rate card for food sold on trains after several complains from passengers on Twitter.

  • 33 per cent sub-quota for women in railway food stalls: IRCTC Mar 07, 2017 08:26 PM IST

    33 per cent sub-quota for women in railway food stalls: IRCTC

    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.

  • Manpasand Beverages ties up with IRCTC e-catering service Mar 02, 2017 07:04 PM IST

    Manpasand Beverages ties up with IRCTC e-catering service

    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.

  • Soon, Aadhaar will be must for booking train tickets online Mar 02, 2017 05:04 PM IST

    Soon, Aadhaar will be must for booking train tickets online

    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.

  • Rly delinks food distribution & cooking in new catering policy Feb 27, 2017 09:16 PM IST

    Rly delinks food distribution & cooking in new catering policy

    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.

  • Service charge waiver on e-tickets may hamper IRCTC's listing Feb 20, 2017 11:51 AM IST

    Service charge waiver on e-tickets may hamper IRCTC's listing

    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.

  • Finance Ministry kickstarts listing process of 3 Rail PSUs Feb 20, 2017 10:54 AM IST

    Finance Ministry kickstarts listing process of 3 Rail PSUs

    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.

  • How Budget 2017 promises to shake up India's capital market Feb 06, 2017 08:19 AM IST

    How Budget 2017 promises to shake up India's capital market

    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.

  • After Budget listing nod, IRCTC may command $3.5 bn valuation Feb 03, 2017 04:51 PM IST

    After Budget listing nod, IRCTC may command $3.5 bn valuation

    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.

  • New budget to make travel easier and cheaper: Travel portals Feb 02, 2017 04:50 PM IST

    New budget to make travel easier and cheaper: Travel portals

    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".

  • Budget 2017: IRCTC service charge waiver makes rail ticket marginally cheaper Feb 01, 2017 04:52 PM IST

    Budget 2017: IRCTC service charge waiver makes rail ticket marginally cheaper

    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.

  • Budget 2017: Disinvestment target at Rs 72,500cr; 3 Rail PSUs to be listed Feb 01, 2017 03:20 PM IST

    Budget 2017: Disinvestment target at Rs 72,500cr; 3 Rail PSUs to be listed

    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.

  • Railway Budget: Railways to have special safety fund of Rs 1 lakh cr Feb 01, 2017 02:14 PM IST

    Railway Budget: Railways to have special safety fund of Rs 1 lakh cr

    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.

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