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IRCTC to pay around 1.62L as compensation after Tejas Express delayed

Monday, October 21, 2019, 2:45 PM

A delay of more than three hours in the running of Delhi-Lucknow Tejas Express on October 19 has cost IRCTC around Rs 1.62 lakh which the railway subsidiary will pay through its insurance companies as compensation to around 950 passengers, a first in the history of Indian Railways, officials said on Monday.
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IRCTC is an extraordinarily good IPO, says Ramesh Damani

Monday, September 30, 2019, 8:53 PM

Ramesh Damani, member, BSE, said on September 30 that the negativity towards investing has gone due to the government's recent measures to revive the economy, adding that now is the right time to invest as there are better days ahead for the investors. Indian Railway Catering and Tourism Corporation (IRCTC) is an extraordinarily good initial public offering (IPO).
 
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Railway zones asked to identify routes that can be run by private operators

Tuesday, September 24, 2019, 8:20 PM

The railways has asked its different zones to identify potentially-viable and operationally-feasible routes for the introduction of privately-operated passenger trains. In a letter dated September 23, the Railway Board has given an indicative list to all the zones, enumerating 24 routes that have the potential of being operated by private-players. The railways notified that the Delhi-Lucknow Tejas Express will be operational from October 5.

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