IPO Alert: Listing of rail PSUs nears, IRCTC service charge decision by June 30

IPO Alert: Listing of rail PSUs nears, IRCTC service charge decision by June 30

The listing plans of three railway public sector undertakings, Indian Railway Finance Corporation (IRFC), IRCON, and IRCTC are on track, even as worries still looming over Indian Railway Catering and Tourism Corporation’s (IRCTC) service charge.

Bid managers have been appointed for all the three rail PSUs and the government is likely to take a call on IRCTC’s service charge by June 30, reported a national news agency.

In order to boost digital transactions among passengers, service charges on online train tickets were exempted from November 23, 2016, to March 31, 2017, which further was extended to June 30. Read More…

 

Credit By : India Infoline

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