The government's offer-for-sale (OFS) of up to 5 per cent stake in Indian Railway Catering and Tourism Corporation (IRCTC) at a floor price of Rs 680 a share opened for institutional investors on Thursday
South Central zone of the Indian Railways is at number two position with 17,022 entry-level posts lying vacant, he noted.
Sources indicate that as many as 100-150 such static units are planned to be set up by the zonal railways.
The Railways conducted a test run of the 3.5-km-long freight train with 295 loaded wagons carrying over 27,000 tonnes of coal between Korba in Chhattisgarh and Rajnandgao in Nagpur on August 15, as part of the 'Azadi Ka...
Vaishnaw, however, said the use of copper on a large scale was not economically viable.
The 'IRCTC BoB RuPay Contactless Credit Card' is specially curated to offer the maximum savings to frequent travellers on the Indian Railways.
For double occupancy, the package costs Rs 28,000 per person and for triple occupancy, the package costs Rs 26,550 per person.
Convenience fees charged from customers generated a sizable revenue for IRCTC. The fee is not part of the rail fare. It is for the service of online ticket booking offered by the IRCTC.
According to NSE, IRCTC has been banned under the F&O segment as it has crossed 95 per cent of the market-wide position limit (MWPL).
IRCTC’s stock has surged more than 300 per cent so far this year, and today it jumped 4 per cent intraday.
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