Sunday, January 31, 2016

Indian Railways on the Move (IRCTC)

@ Times of India - In 2014-15, the IRCTC website saw over 18.3 crore tickets being booked from its e-ticketing portal. Starting mid-Feb, they will limit bookings to six per month per user account. Today, it is India's largest e-commerce players by revenue as filed with the Registrar of Companies. E-ticketing constitutes 55% of total reserved tickets on Indian Railways. IRCTC's total income for the financial year 2014-15 stood at Rs. 1,141 crore. This is inclusive of service charge for online ticket booking, sales of packaged water, Rail Neer, and license fees from catering vendors. In the same fiscal,the total amount earned from users in ticket fares stood at Rs 20,620 crore.

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