IRCTC cancelled more than 370 trains today. According to the official website of the Indian railway, around 321 trains are cancelled fully, while 52 trains are partially cancelled
Its revenue from operations surged 69.95 per cent to Rs 918.06 crore in Q3 YoY
Train passengers would soon be able to order food through a WhatsApp number, with an interactive Artificial Intelligence-enabled chatbot handling their queries on e-catering and booking meals. The Indian Railway Catering and Tourism Corporation (IRCTC) is already delivering meals on certain routes through WhatsApp number +91 8750001323. "WhatsApp communication for e-catering services implemented on selected trains and passengers. Based on customer feedback and suggestions, the company will enable the same on other trains," the Railways said in a statement on Monday. The IRCTC has started e-catering services through a specially developed website www.catering.irctc.co.in as well its e-catering app 'Food on Track', it said. The implementation of e-catering services through WhatsApp was envisaged in two phases. The first phase has already been implemented, Under this, a business WhatsApp number sends a message to the customers booking e-ticket for opting in e-catering services by clic
Rail Vikas Nigam, Titagarh Wagons and Texmaco Rail & Engineering may soar up to 18 per cent in coming sessions
CLOSING BELL: Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent
Stocks to watch today: Maruti Suzuki India recorded a 16.5 per cent YoY decline in production volume for passenger vehicles in December 2022
On December 28, the railways had submitted a data breach alert of the Indian Computer Emergency Response Team (Cert-In) to IRCTC
Breach not from IRCTC, says railways; ticketer's private partners on the govt's radar
While business prospects remain unchanged, one-year average target price of analysts is Rs 600
With today's low of Rs 668.25, the stock has fallen below its floor price of Rs 680 per share set for Offer for sale
Investors fear supply overhang; Centre has now reduced stake in firm by 25% in 3 years
The sale of government's up to 5 per cent stake in IRCTC got over-subscribed on the first day of the offer, with institutional investors putting in bids worth Rs 3,800 crore. In the two-day offer-for-sale (OFS), the government is selling 4 crore shares or 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share. The OFS consists of base issue size of 2 crore shares or 2.5 per cent stake, with an option to retain over-subscription of similar amount. As much as 10 per cent of the issue is reserved for retail investors, for whom bidding would open on Friday. On Thursday, bids for over 5.55 crore shares, representing 3.08 times the base issue size of 1.80 crore shares were put in by institutional investors. Calculated on the basis of the floor price, the bids would be valued at about Rs 3,800 crore. Shares of IRCTC settled at Rs 689.20 apiece, down 6.19 per cent over the previous close on the BSE. During the day, the scrip touched
IRCTC has consistently faced resistance around the Rs 800-mark; break below Rs 660 can further weaken the stock, chart indicates.
The floor price for the OFS was set at Rs 680, a 7.4 per cent discount to Wednesday's closing price of Rs 734.70.
Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price
The IRCTC has received more than 5,000 complaints related to quality of food in trains in the past seven months, Railway Minister Ashwini Vaishnaw said on Wednesday. Replying to a query in Lok Sabha, Vaishnaw said between April 1, 2022, and October 31, 2022, the Indian Railway Catering and Tourism Corporation received a total of 5,869 complaints of food quality in trains. "On receipt of any complaint of food quality, appropriate action, including penalty, is taken against the service provider of IRCTC. "It is the continuous endeavour of Indian Railways to provide good quality and hygienic food to passengers as per norms and standards prescribed by the Food Safety and Standards Authority of India (FSSAI)," the minister said. He also informed that the 'Optional Catering Service' has been introduced in all premium trains (Rajdhani, Shatabdi, Duronto, Gatiman, Tejas, Vande Bharat) with effect from September 2019. "In this scheme, passengers are being provided with the option, at the
So far in 2022, Titagarh Wagons and Rail Vikas Nigam have zoomed 87 per cent and 80 per cent, respectively. Texmaco Rail and Rites too logged smart gains. IRCTC is the sole underperformer.
The Railway Board has given its catering and tourism arm IRCTC the flexibility to customise its menu to include local and regional cuisines as well as food suitable for diabetics, infants and health aficionados. According to a note sent by the Railway Board to the Indian Railway Catering and Tourism Corporation (IRCTC), the move is aimed at improving catering services on trains and give passengers more options. "As a measure to improve catering services on trains, it has been decided to give IRCTC the flexibility to customize the menu so as to include items of regional cuisines/preferences, seasonal delicacies, requirement during festivals, food items as per the preferences of different group of passengers such as diabetic food, baby food, health food options, including millet-based local products among others," the note said. At present, the IRCTC has to get the menus, comprising mostly of standardised food items and beverages, approved by the Railway Board before it can introduce
Stocks to Watch Today: Fusion MicroFinance set for its market debut today. Meanwhile, in the F&O segment, BHEL, GNFC, PNB and Sun TV Network are ban period on Tuesday.
Some of the other 'digital / new-age' companies debuted at a steep valuation compared to the traditional technology firms. The rally fizzled out as they failed to make a decent profit