Experts say Avenue Supermarts is a classic example of how well-managed companies with growth potential can reap benefits of low cost of capital.
In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent
The overnight train would have the same rakes as those of the Humsafar Express, he added
Institutional investors have hiked their holdings in IRCTC by 176 basis points to 7.1 per cent since its listing. Their stake in the company increased from 5.34% to 7.1% at the end of December quarter
IRCON International surged 8 per cent and was trading above its IPO issue price of Rs 475 for the first time since listing on September 28, 2018
We have filed FIR against the concerned portal, IRCTC said in an email
The Ahmedabad-Mumbai Tejas Express was flagged off from here on Friday by Gujarat Chief Minister Vijay Rupani, becoming the second semi high-speed train to be run by Railway subsidiary IRCTC. The train departed from Ahmedabad at 10.45 am and will reach Mumbai in six-and-a-half hours. This is the IRCTC's second premium train after the inaugural Tejas Express which operates between Delhi and Lucknow. The regular commercial run of the train will begin on January 19 from Ahmedabad, the Railways said. Railway Minister Piyush Goyal, who was to attend the flagging off ceremony, could not arrive here due to bad weather, BJP MP Kirit Solanki said. "It is a matter of pride that this semi high-speed, second train Tejas Express has been flagged off between Ahmedabad and Mumbai. This will benefit both states," Rupani said after flagging off the train. "Work on bullet train is also going on the Mumbai- Ahmedabad route," he said. The Tejas Express between Ahmedabad and Mumbai Cen
The tickets of this train can be booked only online on IRCTC website and there will be no booking available at railway reservation counters, they said.
The Tejas train is already functional on the Delhi-Lucknow route
The company has also signed an MoU with HRANI for listing the association's member hotels and their room rate inventory for sales on the IRCTC portal
Of the 13 companies that got listed in 2019, eight have outrun the IPO index by gaining over 38 per cent against their respective issue price
In October, some large domestic mutual funds took an aggressive position in the stock, monthly disclosures show
FSSAI, along with Western Railways (WR) and Indian Railways Catering Tourism Corporation (IRCTC), has trained food handlers, both in canteens and base kitchens
Those served notices amount to 13 per cent of the total onboard catering contracts numbering 358.
The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20
The Central government had decided to scrap the service fee on e-booking of tickets three years ago to promote digital transactions
Railways said the move to hike prices of meals was to give passengers more variety and improve hygiene and quality of food
At Rs 890, IRCTC is currently trading 2.8 times above the issue price of Rs 320
Conceived initially as inspection cars to be exclusively used by railway officials to visit far flung areas, these saloons comprise of two bedrooms, a lounge, a pantry, a toilet and a kitchen
While 450 passengers travelling from Lucknow to Delhi will get Rs 250 each as compensation, 500 passengers who were travelling from Delhi to Lucknow will be paid Rs 100 each