IRCTC CASE
Fate of 2 corruption cases involving Lalu & family to be decided before Bihar elections
Lalu Prasad Yadav and his family face potential legal challenges ahead of the Bihar elections. A CBI court is expected to rule on framing charges in the IRCTC case, while arguments conclude next month in the land-for-jobs case, where Prasad is accused of accepting land in exchange for railway jobs during his tenure as railway minister.
Waiting list train ticket? Get ticket confirmation assurance with up to 3x money back guarantee from Ixigo, Redbus and MakeMyTrip
Tatkal tickets: Private travel platforms like Ixigo, redBus, and MakeMyTrip are offering a 'travel guarantee' feature to address the frustration of unconfirmed train tickets. For a small fee, travelers receive a refund and potential travel vouchers if their waitlisted or RAC tickets don't get confirmed. Read below to know more about travel guarantee feature for wait list or RAC train ticket.
Tatkal ticket mystery solved: IRCTC may have found the dirty tricks behind train ticket fraud, blocks 2.5 crore user IDs
IRCTC has intensified its crackdown on ticketing fraud, identifying 2.9 lakh suspicious PNRs and deactivating 2.5 crore user IDs between January and May 2025. The corporation blocked over 6,800 disposable email domains misused by fraudsters to bypass booking limits.
Railways stocks: Time to be contrarian; will bearish analysts go wrong again? 6 stocks, 2 with buy recos, 4 with sell recos
In the stock market, you can expect great rewards only if you take risks. So, is it time to risk investing in railways-related stocks? These stocks did very well up to July 2024 and have since been underperforming. Will they make a sharp comeback, as defence stocks did? Before deciding on whether to buy, sell, or hold railways stocks, let’s consider the bull and bear cases, not so much for the stocks themselves, but for the real business of the companies involved in the railways sector.
Stocks in news: Bajaj Auto, Suzlon Energy, IRCTC, IndusInd Bank, SAIL
Markets traded with a negative bias amid ongoing consolidation. IRCTC reported a 26% jump in Q4 net profit, while SAIL saw an 11% rise. Bajaj Auto, Samvardhana Motherson, and Suzlon are set to announce their Q4 results. Sebi passed an order against IndusInd Bank executives in an insider trading case.
Railways stocks: Will they prove the analysts wrong? 7 stocks: 2 with buy recos, 1 hold, 4 with sell recos
The growth of a sector is impacted by many factors. In some, growth is purely a function of one factor: Government spending. Railways is one such sector, and all the growth companies in the sector saw in recent years was because the government had upped spending. Now, the question is: Will railway stocks, which saw a sharp increase in valuations from 2023 to mid-2024, see another round of upward movement? Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Will your waitlisted ticket get an automatic upgrade on Indian Railways?
In May 2025, the Railway Board announced automatic upgrades for waitlisted tickets to higher classes, up to two levels, without extra charges, following a structured path within sleeping and sitting accommodations. This initiative excludes guaranteed lower berths and requires full fare payment.
Partially confirmed train ticket: Can you travel on a ticket with 2 confirmed and 2 waiting list passengers?
Starting May 1, 2025, Indian Railways will enforce stricter rules regarding waitlisted passengers. Those with unconfirmed tickets won't be allowed in Sleeper or AC coaches and may face fines. Passengers with fully waitlisted online tickets will receive automatic refunds, while those with offline tickets need to cancel them to claim refunds. Read below to know more.
'Indian Railways is not safe': Passenger travelling to Vaishno Devi in Hemkunt Express 3AC beaten for complaining about overcharging
A YouTuber, Vishal Sharma, faced assault on the Hemkunt Express. He had complained about overcharging by pantry staff via the RailMadad app. Railway Seva imposed a ?5 lakh penalty on the caterer and filed an FIR. IRCTC is investigating the matter. The Railway Ministry is closely monitoring the case and promises strict action after investigation.
24-hour ban enforced on horses, mules being used in Kedarnath Yatra
Following reported deaths of horses and mules, a 24-hour ban has been enforced on their usage in the Kedarnath Yatra. Authorities are investigating the cause of the deaths, with a central team expected to arrive for inspection. Meanwhile, helicopter services have commenced from Sonprayag, offering pilgrims a convenient travel option, subject to weather conditions and safety protocols.
IRCTC bans waiting list passengers from Sleeper and AC travel starting May 1, 2025
IRCTC New Rules: Indian Railways will implement new rules from May 1, 2025. Waiting list ticket holders cannot travel in sleeper or AC coaches. They can only travel in general coaches.
Apple’s India pivot; Cloud, AI fuel Alphabet's gain
Apple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtech Top 5.
MHA alerts public of online booking scams impersonating religious institutions, tourist services
The Indian Cyber Crime Coordination Centre warns of online booking scams. These scams target pilgrims and tourists through fake websites and social media. Scammers offer fake helicopter, hotel, and tour bookings. Victims lose money when services are not delivered. Authorities advise verifying websites and reporting suspicious activity. Measures are being taken to counter these scams and protect citizens.
Court sets another fresh deadline in IRCTC hotels case: April 21-26
A special CBI court has instructed the accused in the IRCTC hotels case to present their counterarguments against framing of charges starting April 21. The court aims to conclude arguments by April 26. Accused, including Lalu Prasad, have sought discharge, questioning the legal validity of the CBI’s action.
IRCTC corruption case: Lalu Prasad Yadav argues no evidence to frame charges, seeks discharge
Former Railway Minister Lalu Prasad Yadav has requested the Rouse Avenue Court to discharge him from the IRCTC corruption case, claiming insufficient evidence. The case involves alleged corruption in awarding tenders for IRCTC hotel maintenance to a private company during his tenure from 2004 to 2009. The CBI has asserted sufficient evidence for trial.
IRCTC case: Lalu Prasad, Rabri Devi, Tejashvi Yadav seek discharge
RJD president Lalu Prasad, his wife Rabri Devi, and son Tejashvi Yadav requested a special court in New Delhi to discharge them from corruption charges related to irregularities in IRCTC operations between 2004 and 2014. They claim the CBI's allegations are baseless and lack evidence. The case hearing will resume on April 21.
16 lakh meals served in trains daily: Railway minister informs Lok Sabha
Railway Minister Ashwini Vaishnaw informed the Lok Sabha that Indian Railways serves 16 lakh meals daily, emphasizing smooth and uninterrupted services. Contracts are awarded through a transparent tender process to ensure quality and hygiene, with 717 base kitchens operational. Multiple cases related to tendering have been resolved in favor of Indian Railways/IRCTC.
IRCTC case: Lalu Prasad, Rabri Devi, Tejashvi Yadav refute charges levelled against them
RJD president Lalu Prasad, his wife Rabri Devi, and son Tejashvi Yadav denied corruption charges related to IRCTC hotel contracts, claiming lack of evidence. The case involves alleged manipulation of tender processes to favor Sujata Hotels. The judge will continue hearing arguments and directed the investigating officer to appear in court.
Court sets deadline for defence arguments in IRCTC hotels case
A special CBI court has given an eight-day deadline for the accused in the IRCTC hotels case, including Lalu Prasad, Rabri Devi, and Tejashwi Yadav, to conclude their counter arguments on framing of charges by March 29.
Load More
