No more misuse of IRCTC website for illegal train ticket booking! Indian Railways to crack down with this move
Posted on 31st January 2019 |
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| No more misuse of IRCTC next-generation e-ticketing website! Soon, a cyber crime cell is likely to be set up by Indian Railways in a bid to prevent the misuse of the automation software on its ticket booking website i.e., IRCTC (Indian Railway Catering and Tourism Corporation) website, irctc.co.in. In order to explore the feasibility of setting up such a cell, a committee has been constituted by the Railway Board, according to sources quoted in a PTI report. The six-member committee consists of senior officials from various directorates including engineers from CRIS, signalling and telecom, computerization and information systems, vigilance officer as well as security officials. The committee will submit its report to the Railway Board, within three months. A source quoted in the report said that to set up the cyber crime cell, the committee has been asked to prepare a blueprint by the Railway Board. Moreover, to induct persons with experience in handling such cases, either on deputation or permanent absorption, the committee has to recommend ways as well, so as to eliminate the scope of manipulation. Additionally, the committee has to decide under which department the cyber crime cell will be operated along with the strength of staff and pay matrix, the source added. Last year, Indian Railways had informed the Parliament that it had asked the Ministry of Electronics and Information Technology to block as many as 19 websites over concerns of misuse of the automation software on IRCTC’s official website. IRCTC is the official e-ticket booking and catering arm of the national transporter. The complaint came after a Central Bureau of Investigation (CBI) staff member was arrested for running an unauthorized IRCTC ticket booking racket with other travel agents. An illegal software was used by the accused to simultaneously book over a thousand tickets through one portal, the report said. Meanwhile, earlier this month, Railway Minister Piyush Goyal informed that as many as 6000 CCTV cameras at railway stations are being procured as well as cyber crime cells are being made functional across the country. |
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Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019 |
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Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
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Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019 |
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The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
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LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019 |
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In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
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Apollo Hospitals rules out further stake sale
Posted on 13th September 2019 |
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Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
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World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019 |
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In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
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