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...
31 May, 2023, 02.22 PM IST
IRCTC's revenue 'reduced drastically' in 2020-21 due to Covid-related restrictions: GovtReplying to a query in Lok Sabha, Vaishnaw said in 2019-2020, the Indian Railway Catering and Tourism Corporation earned Rs 2,342.41 crore,...
14 Dec, 2022, 04.53 PM IST
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...
29 Oct, 2021, 12.52 PM IST
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...
29 Oct, 2021, 10.36 AM IST
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...
29 Oct, 2021, 10.26 AM IST
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...
28 Oct, 2021, 04.25 PM IST
IRCTC soars 9% ahead of Budget; other railway stocks also gainThe share price of IRCTC has gained 40 per cent this month.
01 Feb, 2020, 10.59 AM IST
IRCTC to charge portals a fee on each ticket’s saleIRCTC is a subsidiary of the Indian Railways and handles the catering, tourism and online ticketing operations of the parent.
21 Jul, 2018, 11.31 AM IST
IRCTC eticketing sales hit by service charge withdrawalThe government’s decision to withdraw service charge on etickets, to promote digital payments, cost IRCTC a steep drop in internet ticketin...
30 Jan, 2018, 04.30 PM IST
No service charge on train e-ticket till March 2018: Indian RailwaysThe government had waived service charges after demonetisation in November last year to encourage digital modes of booking.
03 Oct, 2017, 10.14 PM IST
Did IRCTC bar some banks from payment gateways? Know the facts hereAn IRCTC official said if banks are willing to provide the new value-added service free to the customers, IRCTC will not demand any share i...
23 Sep, 2017, 10.50 AM IST
Service charge waiver on rail ticket booking may hit IRCTC listing plans“The listing potential of the company will come down since it will not be profitable anymore,” a top rail ministry official said.
20 Feb, 2017, 01.24 AM IST
Service charge makes up third of revenue for IPO-bound IRCTCIRCTC charges Rs 40 on every ticket booked in air-conditioned classes. For sleeper class, a service charge of Rs 20 is levied.
01 Feb, 2017, 01.25 PM IST
IRCTC net profit jumps 44% to Rs 189 crore in FY16Govt-owned portal sells train tickets worth Rs 24,022 crore during the year, although growth halves to 17% from a year earlier
22 Nov, 2016, 01.36 AM IST
IRCTC ties up with Simpli5d Technologies to power captchas on its ticket booking websiteIRCTC handles over one million ecommerce transactions a day and over 100 million captchas are solved on the platform every month.
21 Apr, 2016, 06.01 AM IST
Govt seeks to put IRCTC on high growth path; wants it to emulate FlipkartThe govt plans to hire a consultant to help assess and increase valuation of IRCTC, which accounts for almost 40% of India’s online travel.
18 Mar, 2015, 03.24 PM IST
IRCTC registers over Rs 700-crore earningsIRCTC bounced back with over Rs 700-cr earnings, driven by a focus on expanding biz like catering for corporate clients, tour packages & e-...
07 Oct, 2013, 10.23 AM IST