IRCTC's new Navratna status could be just the ticket for investors
2 weeks, 3 days ago

IRCTC's new Navratna status could be just the ticket for investors

Live Mint  

On 3 March, the Indian government announced that the Indian Railway Catering and Tourism Corporation had been awarded ‘Navratna’ status, marking a defining moment in the company’s already remarkable journey. A milestone in India's public sector evolution IRCTC’s elevation to Navratna status is a testament to its financial strength, operational efficiency and strategic importance within the public sector. The government recently launched a ‘super app’ to consolidate various railway services, but IRCTC executives have reassured investors that the company will retain control over convenience fee collections, ensuring its continued dominance in this space. Catering & hospitality: Serving millions on the move Beyond ticketing, IRCTC plays a crucial role in providing catering and hospitality services across India’s vast railway network. With a solid financial foundation, a dominant market position, and newfound autonomy, IRCTC is well-positioned to become not just a leader in railway services but a true global player in the travel and tourism industry.

History of this topic

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3 weeks, 3 days ago
IRCTC launches new super App: A game changer for railway passengers
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4 months, 2 weeks ago
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1 year, 5 months ago
Optimism on non-ticketing revenues boost IRCTC’s stock
3 years, 6 months ago
IRCTC launches its online bus booking services
4 years, 1 month ago
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4 years, 2 months ago
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4 years, 2 months ago
Booking railway tickets becomes easier as RailYatri integrates with IRCTC
5 years, 8 months ago
RailYatri authorised by IRCTC to continue its ticket booking services
5 years, 8 months ago

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