IRCTC's new Tejas Express trains to offer exclusive benefits for passengers
Posted on 11th September 2019 |
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| Passengers travelling by the Indian Railway Catering and Tourism Corporation (IRCTC) operated Delhi-Lucknow and Mumbai-Ahmedabad Tejas Express trains can now enjoy facilities including hotel bookings, taxi services and baggage pick-and-drop among others. Apart from this, IRCTC would also provide wheelchair facility to the sick and needy people, Railway Board Chairman V K Yadav said. "The IRCTC has come up with so many things. They can provide food of your choice, provide taxi facility from house to the station and station to the house, baggage services like picking up baggage from home to station, entertainment services, provide wheelchair. They are free to do anything," News Agency PTI quoted Yadav as saying. 1) Delhi-Lucknow and Mumbai-Ahmedabad Tejas Express trains will be the first trains to be run by the IRCTC, a railway subsidiary, becoming test cases for Indian Railways move to hand over certain trains to private operators. 2) These Tejas trains will have modern coaches with state-of-the-art interiors, LED television, call buttons, automatic doors and CCTV cameras. 3) Delhi-Lucknow and Mumbai-Ahmedabad Tejas Express trains will also be the only ones on the rail network where on-board ticket checking will not be done by the railway staff, but by IRCTC personnel. 4) No concessions, privileges or duty passes will be allowed on these trains. Also, children above the age of 5 years will be charged full fare 5) These will also likely be the first trains wherein passengers will be offered ₹50 lakh travel insurance from private companies, PTI reported. The Delhi-Lucknow Tejas Express will begin operations from 4th October, while Mumbai-Ahmedabad Tejas Express will hit the tracks in December. |
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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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