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IRCTC CONVENIENCE FEE
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- Convenience fee, transaction charges make online ticket costlier than counter fare: GovtPassengers booking tickets online via IRCTC pay more due to convenience fees and transaction charges, the government stated. Railway Minist...
- You can now book air tickets from IRCTC without any convenience fee on this day; Here's how to avail offerIRCTC is offering a 100% discount on convenience fees for flight tickets booked on November 29th, 2024, as part of its "Big Black Friday" p...
- Railways, NCRTC join hands to promote 'One India-One Ticket' initiativeThe Indian Railway and National Capital Region Transport Corporation (NCRTC) have partnered to enhance the 'One India - One Ticket' initiat...
- Top credit cards for IRCTC railway ticket booking with most discounts, freebies, railway lounge accessET Wealth Online lists credit cards for booking IRCTC railway ticket bookings from the top banks in India (based on RBI’s data on credit ca...
- '83% consumers not happy with convenience fees they pay online'Around 83% of consumers disapprove of paying convenience fees on online platforms, according to a survey by LocalCircles. The survey found ...
- 83% consumers not happy with convenience fees they pay online: SurveyAccording to the survey, some consumers also cited the example of UPI payments where no charges are being levied.
- IRCTC shares jump 4%, break 5-session losing streak; here's whyThe Mini Ratna travel and tourism PSU company has also launched other offers with discounts of up to Rs 2,000 off air tickets on card trans...
- No plans to increase convenience fees going ahead: Rajni Hasija, IRCTCIf you ask me, the numbers, the revenue in this year has been to the tune of Rs. 3540 crore, which is all-time high in the history of IRCTC...
- Railways earns over Rs 600 crore through convenience fee in 2022-23 so far: Rail Minister Ashwini VaishnawIn a written reply in Lok Sabha, Railway Minister Ashwini Vaishnaw said the cancellation or clerkage charge is levied on cancellation of ti...
- IRCTC MD on Railways scrapping fee-sharing order, normalisation of biz"We are getting good bookings in all the fields. We are doing new experiments in the deluxe segments and have been very successful. Very so...
- A rout, a reversal and then a recovery: the IRCTC flip-flop decodedMuch has been said about the Ministry of Railways' decision on, first imposing a revenue sharing mechanism w.r.t convenience fee on IRCTC, ...
- Ministry of Railways withdraws convenience fee decision on IRCTC; stock recoversThe Street expects about 433 million tickets to be sold via IRCTC in FY23 and a 50 per cent convenience fee would have hit Ebit estimates b...
- Let’s be realistic, IRCTC valuations cannot sustain: Deepak ShenoyIRCTC has been very richly valued and a much needed correction that is happening is probably good for the stock in any case.
- Govt withdraws IRCTC convenience fee revenue sharing decisionThe withdrawal came a day after IRCTC told stock exchanges of the ministry of railways' decision to share the revenue earned from the conve...
- How govt's move on revenue sharing will impact IRCTC shareholdersAccording to some back-of-the-envelope calculations, the loss in value of its stake in IRCTC and the valuation multiples for one of the mos...
- IRCTC asked to restart sharing 50 pc convenience fee with Railway MinistryIn a regulatory filing on Thursday, IRCTC informed SEBI that the Railways has said the revenue-sharing arrangement would be enforced from N...
- Govt asks IRCTC to share 50% of revenue from convenience feeAs per IRCTC’s website, income from the convenience fee is recognized on the basis of the value of the convenience fee earned on the ticket...
- Long-term investors should not shy away from IRCTC: Rahul Jain“There is a long way to go for IRCTC in terms of long-term potential.”
- IRCTC to restore service charges on e-ticketsThe Railway Board has given its approval to the Indian Railway Catering and Tourism Corporation (IRCTC) to restore the mechanism of chargin...
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