Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
The Indian Railway Catering and Tourism Corporation Limited is all set to develop a tent city at Prayagraj coinciding with next year's Mahakumbh Mela. Sanjay Kumar Jain, Chairman and Managing Director of IRCTC, said the 'Maha Kumbh Gram' will be a transformative addition to the pilgrimage and tourism landscape combining luxury accommodation and a cultural immersive experience in a way that celebrates India's spiritual diversity. "Our Objective is to provide an accessible, comfortable and enriching experience for all visitors", Jain said in a statement. The company, a public sector undertaking of the Railway Ministry, said it has expertise in mass-scale pilgrimage tourism and extensive hospitality services over a nationwide rail network with domain experience of successfully managing 6.5 lakh plus customers to date on the Aastha and Bharat Gaurav Trains. "IRCTC is uniquely positioned to make Kumbh Gram an unparalleled spiritual and cultural destination," the company said. It added
Here is the complete list of stocks turning ex-date next week for their respective corporate actions, along with key details
The new 'super app' will simplify many railway-related services such as ticket bookings, platform pass purchases, and monitoring train schedules. You can access everything in one place
Users encountered various problems, with some unable to make payments or facing technical difficulties that hindered transaction completions
The Vikalp Scheme was introduced by the Indian Railways Catering and Tourism Corporation (IRCTC). The scheme aims to give relief to passengers who have waitlisted tickets
The rally in these stocks is attributed to the Union Cabinet's approval of a multi-tracking project for the Ministry of Railways in Uttar Pradesh, estimated to cost RS 2,642 crore
Nearly 52 extra coaches will be added to various trains, enabling 2,740 additional trips and providing capacity for over 206,000 passengers during the festive period
Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.
Technical chart suggests that ACC, IRCTC, PND and Aarti Industries could slide up to 28% from present levels owing to formation of 'Death Cross' on the daily chart; a long-term bearish indicator.
Recently, IRCTC's stock price has been consolidating around its 200-day Exponential Moving Average (DEMA), which is often seen as a critical support level.
This collaboration aims to transform train journeys, enabling passengers to enjoy a variety of dishes from the comfort of their train seats
Life Insurance Corp (LIC) on Thursday said it has hiked its stake in Indian Railway Catering and Tourism Corporation (IRCTC) to about 9.3 per cent. In a regulatory filing, LIC said its holding in railway sector 'miniratna' PSU has increased 2.02 per cent in the period December 16, 2022, to September 11, 2024, via open market purchases. "Life Insurance Corporation of India has increased its shareholding in equity shares of Indian Railway Catering and Tourism Corporation Ltd from 5,82,22,948 to 7,43,79,924 i.e., 7.278% to 9.298% of the paid-up capital of the said company (IRCTC)," LIC said. Shares of LIC closed at Rs 1031.45, up 1.81 per cent over the previous close on the BSE.
In light of these complaints, IRCTC has issued 68 showcause notices, and three contracts were cancelled between January 2021 and March 2024
DMRC QR code-based tickets can now be booked on the IRCTC website and mobile application
Shares of RailTel Corporation of India surged by 8.8 per cent at Rs 418.50 per share on the BSE in Tuesday's intraday trade. The stock extended its rally from the previous day
Going ahead, analysts see more pain in the offing for broader markets as stocks command extremely rich valuations, limiting upside in the near-term
IRCTC registered a two per cent year on year (YoY) rise in its consolidated net profit to Rs 284 crore in Q4FY23, compared to Rs 279 crore in the corresponding period of the previous year
Stocks to watch on May 29: NBCC's Q4FY24 revenues surged by 43.1 per cent year on year (YoY) to Rs 4,025 crore compared to Rs 2,813 crore in Q4FY23
The IRCTC board has declared a final dividend of Rs 4 per share of face for the financial year 2023-24
Q4FY24 company results: IIFL Finance has delayed its earnings announcement beyond May 30, due to a special audit by the RBI