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RAIL NEER LOSS
IRCTC Q2 Results: Profit declines 23% YoY to Rs 264 crore, revenue rises 16%IRCTC reported a 22.9% year-on-year decline in Q2FY27 consolidated net profit to Rs 263.6 crore, despite 16.3% revenue growth. Margins cont...- IRCTC shares rise 5% after June quarter results. What should investors do?However, the firm, on Wednesday, reported a standalone net profit of Rs 232 crore for the quarter ended June 2023, down 5% from Rs 245 cror...
- Rail Neer scam: Delhi HC refuses to quash FIR, notes Rs 19.5 cr loss caused to RailwaysThe high court said the report by an official of the Railway Board that no loss was caused to the railways as the Rail Neer if not picked u...
- Mass tourism taking off, very good sign for industry: Rajni Hasija, IRCTC"The production of Rail Neer has gone up. Our production capacity is much more than what it was during Covid. Now we have almost reached ar...
- IRCTC shares hit upper circuit on e-booking nod for some trainsThe government on Sunday said that the railways will start operations with 15 trains from Tuesday.
- IRCTC sold Rs 28,475 crore train tickets, e-ticket sales up 14%A year ago, it had lost revenues of Rs 575 crore due to the same reason, which means it had to forego nearly Rs 1,268 crore in ticketing re...
- Railways may put Rs 1k crore into 11 new Rail Neer bottling units“With these new plants, we will be able to fulfil about 85% of the current demand of 16 lakh litres a day,” said a senior railways ministry...
- Indian Railways to pour more money into Rail Neer brandNeer is currently being sold only at railway stations and there too railways have been able to meet only 20% of the entire demand.
- CBI registers fresh case in 'Rail Neer' scamCBI today registered a case of alleged possession of fake currency against a businessman and his two sons, an offshoot of the 'Rail Neer' s...
- Why only Rail Neer on trains and stations, asks Bombay High CourtIRCTC advocate Usha Srivastava said the decision was taken because Rail Neer "was not being lifted" and it resulted in huge losses.
- Why permit sale of only Rail Neer at stations, High Court to RailwaysThe Bombay High Court today sought to know from Indian Railways why sale of only one brand of mineral water is permitted at railway station...
- Rail Neer scam: Court grants bail to businessmanA Delhi court has granted bail to a businessman who has been chargesheeted by CBI along with others in Rail Neer scam for irregularities in...
- CBI files charge sheet in Rail Neer scamA CBI spokesperson said that charges of criminal conspiracy, cheating and provisions of Prevention of Corruption Act have been brought t in...
- Rail Neer scam: Court grants bail to senior Railways officialIRTS officer Sandeep Silas, arrested along with two others in connection with alleged corruption in supply of packaged drinking water in Ra...
- Rail Neer: Court grants bail to official, no relief for businessmanA special court today granted bail to a senior railway officer but declined the relief to a businessman arrested in connection with alleged...
- Rail Neer scam: 3 accused sent to 14-days' judicial custodyA Special CBI court remanded to 14-day judicial custody the 3 accused arrested in connection with alleged corruption in supply of packaged ...
- Rail Neer scam: CBI arrests 2 senior railway officials, businessmanThe arrests came after CBI recovered Rs 27 crore cash from Agrawal and his sons Abhishek Agrawal and Rahul Agarwal during searches last Fri...
- Rail Neer scam: CBI to dig deep, to probe company, society of Railway officialsCBI suspects private catering cos could have paid illegal remittances to the officer through the company run by his son for alleged favours...
- Rs 4 lakh fake currency found in cash seized in Rail Neer scamSources said during the searches, the agency stumbled upon cash which was so huge that it took 15 hours of counting the currency with the h...
- CBI busts Rail Neer racket; Rs 20 crore seized from suppliersCBI sources said a case has been registered against the then Chief Commercial Managers (PS and Catering) of Northern Railways M S Chalia an...
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