irctc business opportunities

; MakeMyTrip cut its loss to a third and its revenue touched $67 million in the . After registering for the IRCTC Agent login, agents can book train tickets and other travel products online for their customers and earn great commissions on every booking. Flexibility to book all type of tickets in bulk, Book Tatkal Tickets after 15 minutes of general public opening time, Earn regular Income of up to INR 80,000/- per month & more, One-stop shop for all bookings; Air-Rail-Bus-Hotel-Holidays-Forex and much more, No bank account required. Business Opportunity to get a job! IRCTC enjoys a monopoly business in Indian online train ticket booking services. By becoming a certified IRCTC ticket reservation agent, you can earn up to Rs 80,000 in bonds. But most people never build enough wealth to gain financial freedom. Don’t let that happen to you! In this book, investment veteran Deepak Mullick reveals his simple-yet-effective formula to make your money work for you! Additionally, SMS messages will also carry . Found inside – Page 60business component, so that the business component can execute only one scenario at a time. ... Described below are the various component tables that need to be designed to automate the 'IRCTC' business scenarios as mentioned earlier. IRCTC is one of the largest organizations in India, and more than six lakhs e-tickets are booked on the IRCTC portal every day. Having created more than 7 Lakhs+ Rural Entrepreneurs (Adhikaris) and managed financial transactions worth USD 12 billion, we are growing at more than . Monopoly shares in online services It is undoubtedly one of the largest e-commerce companies, in terms of online booking, leaving behind several high-profile e-commerce sites worldwide such as Amazon, Flipkart etc. Ex-stock split refers to a subdivision of the face value of equity shares, though the underlying value remains intact. In this new book, Thomas Timberg shows how the Marwaris rely on a centuries-old system for conserving and growing capital which has stood them in good stead, alongside a strong sense of business ethics which has earned them respect.// ... That could trigger an . The decision to withdraw the proposal was taken after a request by the company, according to a copy of . The net profit of IRCTC grew nearly five-fold in the July-September quarter, while EaseMyTrip recorded a 300% uptick. He further added that investors are currently liking platform-oriented business models and thus rewarded IRCTC well. It has a population of about 390 million as per 2011 census. You Invest less, earn more. Into his path falls the beautiful mathematical prodigy Cheri-Anne Toledo, whose memories appear to come from another world: the long-forgotten Kingdom of Ohio. Investigative journalist Mihir Dalal recounts the astounding story of how the Bansals built Flipkart into a multi-billion-dollar powerhouse in the span of a few years and made internet entrepreneurship a desirable occupation. The IRCTC’s Internet Ticketing System was inaugurated on August 3, 2002 as a subsidiary of the Indian Railway and manages online ticketing operations in India. The foreign institutional investors and Mutual Fund houses have been trimming the stake in the state-run company Indian Railway Catering and Tourism Corporation (IRCTC). After consolidation at these centers, further development in the major towns will take place. The counter also turned into an ex-stock split in the ratio of 1:5. IRCTC agents can book General, Tatkal, Waiting List, RAC. It recovered some ground after the government decided to withdraw its decision on IRCTC convenience fee . Akbar Travels will provide you with the required support. Unlimited Business Opportunity. Talk of new ticketing opportunities from AC 3 coaches and the pricing power enjoyed by IRCTC on convenience fees added to its bull case, helping the stock's pricey PE of 150-200 times in mid . Franchise India Bureau June 16 2015 - 5 min read. As per the latest prices, IRCTC shares were trading at 3.97% lower than the peak of Rs 906 and currently stand at Rs 877.50. Money can be directly deposited in Principal agent bank account, We have both option OTP based booking + Dongle based booking, Book all type of Tickets (Tatkal, Waiting List, RAC also), Excellent Commission Margins on each booking & transaction, 24x7 Live Search Engine Booking system i.e. On getting IRCTC Agent ID, agents can book tatkal tickets within 15 minutes of general opening time. You can become an authorized travel agent by following the below three simple steps: The whole process generally takes 3 to 4 days. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. EaseMy Trip IPO Overview. Have a look here: Akbartravelsonline, a Principal Agent of IRCTC - Indian Railway is authorised to appoint Railway Ticket Booking Agents (IRCTC agency) throughout India. Public interest and shareholder interest have different sets of considerations and the objectives and outcomes will . The IRCTC action and retraction is an instance of disconnect between public governance and corporate governance. Report for 1879/1880 includes information on state railways from their beginning. It recovered some ground after the government decided to withdraw its decision on IRCTC convenience fee . IRCTC share news. Source: PTI and irctc.co.in, Copyright © Zee Media Corporation Ltd. All rights reserved. IRCTC agents commission is Rs.20/40 per PNR and PG charges. IRCTC: Should investors book profits or it is still a multibagger opportunity? Built your own business and be your own Boss! Besides, the rail catering industry is expected to grow at CAGR of 7.5-8.5% to Rs 1,450-1,550 crore in FY24 from Rs 1,100-1,200 crore in FY20. IRCTC is clearly a leader of online train ticket booking through its all-inclusive website. It is an important location for several small and medium scale . IR CTC is the only company to cater all the services related to the Indian railway. The Indian Railways has added Bhadrachalam in Telangana as one of the destination in its Ramayana circuit of the pilgrim special train. The IRCTC authorised agents can book tatkal tickets after 15 Registering with us as an IRCTC agent gives you recognition in the travel industry, as this can be the first step towards becoming a full-fledged travel agent offering all travel services. Business Best Business Opportunity! Get more Markets News and Business News on Zee Business. The ticket procedure is faster for the IRCTC agents as the money gets directly deducted from their wallet. IRCTC shares were also split in the ratio of 1:5, dividing the face value of the share from Rs 10 per share to Rs 2 per share. Invest Now. You can recover a maximum of Rs 30 for a sleeper class ticket and a maximum of Rs 60 per ticket on the ticket booking. Found inside – Page 334Mission “IRCTC will establish itself as a leader in the area(s) of hospitality services, Travel and Tourism, ... and Non-IR related services alike, building a resilient business portfolio that is scalable and based on core competence. sales@thetenders.com. Public interest and shareholder interest have different sets of considerations and the objectives and outcomes will . For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. A timely and insider look at dramatic forces reshaping banking in Asia’s third-largest economy, this book is a bird’s-eye view of Indian banking and also a fly-on-wall documentary. The IRCTC on Monday tied up with the Sattvik Council of India to get certified in the process of cooking, transportation and storage of vegetarian food specially on board trains to religious sites with the Railways' catering arm inviting a third party audit of its base kitchens where such food is cooked to ensure a vegetarian environment. 28,475 crores in the year ended March 2018, witnessing a yearly growth of 14% in the overall ticket sales. Shares of Indian Railway Catering & Tourism Corporation (IRCTC) plunged by 20 per cent in the first 30-minutes of trade after the Indian Railways' online ticketing arm asked to share 50 per cent of the convenience fee the company earns with the ministry of railways. The former has reduced around a quarter per cent holding, while the latter has slashed nearly 2.5 per cent holding in the company. As stated earlier, New Catering Policy is a great opportunity for improvement in IRCTC's service quality and expansion. Found insideThe Unfolding Bear Market and the Opportunity of a Lifetime Yadunath S ... IRCTC. IPO. The IRCTC IPO was the most successful IPO in 2019. The 645 crore IPO was oversubscribed 111 times. Get what that means? India's Ministry of Railways has asked the Indian Railway Catering and Tourism Corporation (IRCTC) to share 50% of revenues coming from service charts on e-ticketing, i.e., convenience fees . IRCTC authorized agent can book unlimited number of tickets without any restrictions and earn good margin on every transaction. Indian Railway Catering and Tourism Corp. closed 7.4% lower in Mumbai after a choppy session. IRCTC has fixed the commission rate for agents. IRCTC Buy opportunity. After registering for the IRCTC Agent login, agents can book train tickets and other travel products online for their customers and earn great commissions on every booking. IRCTC's exclusive eight nights/nine days package covering prominent locations in north India will start on October 31. You do not require any trade license to become an authorized IRCTC agent, Visit www.akbartravels.com/agents/irctc & submit the registration form online, Submit your documents such as a passport size photograph, Aadhaar card & Pan card. The IRCTC on Monday tied up with the Sattvik Council of India to get certified in the process of cooking, transportation and storage of vegetarian food specially on board trains to religious sites with the Railways' catering arm inviting a third party audit of its base kitchens where such food is cooked to ensure a vegetarian environment. Alstom offers world's fastest train to India. The registration form of IRCTC has to be filled. You could earn up to Rs 80,000 fixed income by becoming an authorized Indian Railway Catering . Disclaimer : The views expressed in the forum are the views of the user writing the post, and not that of moneycontrol.com.You agree, by accessing this forum, that moneycontrol.com bears no liability for any posts on this forum or, any losses suffered by following any advice posted on this forum.moneycontrol.com operates this real time, open, unmoderated, private forum for users to exchange . So it gives you a great opportunity to earn a go. Entry : 718/880. As an IRCTC Agent, you can earn good money. The understanding of IRCTC business model and future prospects is available on youtube channel, search "the breakeven point channel". These agents can book tickets online from the website of IRCTC. All Rights Reserved. The current market cap of IR CTC is at 32,000 crores and CAGR net profit (3yrs) is 35% and ROE (3yrs) is 39%. We carry the strength of Indian railways all along -- whether it is the tourism field, catering, Rail Neer or internet ticketing. There is not much investment in becoming an agent of IRCTC. See Zee Business Live TV Streaming Below: The stock fell by about 28 per cent in intraday trade on Friday but it recouped most of the losses and closed 7.4 per cent lower at Rs 845.65. A demand draft of Rs 20,000 has to be made in the name of IRCTC. This facility is a great and unique opportunity for doctors for creating health awareness for their own patients and to stay in touch with other people as well. Answer (1 of 2): If you are looking for a new income source, then a career as an IRCTC agent can get your instant sight. On successful registration, agents are provided with a special login IRCTC Agent ID and a portal to deal with all types of travel products such as issuance of train or bus bookings, domestic & international flight bookings, holiday packages, tours, money transfers etc. Found inside“We are growing at 150- 200% a year,” says Nalin Singhal, Managing Director, IRCTC. But IRCTC is not an independent business; it is the Indian Railways' distribution arm. For businesses like Yatra and Cleartrip, the volumes are building ... The sharp rise in railway ticket bookings in 2QFY22 was one of the major reasons for the strong outperformance from the stock, suggest experts. 12,409.49 crore (US$ 1.70 billion) as against Rs. September 30, 2021 14:26 IST. The Company will hunt for new ways to generate revenue and will definitely widen the ticketing base. In this lively, accessible guide, Ram Charan - million-copy-bestselling author and advisor to some of the world's top CEOs - reveals that the tech giants have radically rewritten the rules of business. Seeing the response, IRCTC has already launched this facility in major metropolitan cities like Delhi, Mumbai, Chennai, Bangalore and Kolkata and has plans to expand to Hyderabad, Pune and Ahmedabad. As reported by PTI, the Indian Railway Catering and Tourism Corporation (IRCTC) in a regulatory filing on Thursday, had said that it will share the revenue earned from convenience fee collected by it in the ratio of 50:50 with effect from November 1. With increasing economic activity and travel, the IRCTC business is expected to grow more in the future. Invest Now. pavanshahane July 20, 2021. Lite Bite Foods, owned by Dabur Scion Amit Burman has tied up with IRCTC (The Indian Railway Catering and Tourism Corporation) to offer scrumptious and high quality cuisines at a budget price to commuters travelling by Indian Railways. Post this withdrawal, share of IRCTC gained from its intraday low and was 5% lower (at 11.38 am) than Thursday's closing. We provide agents access to IRCTC Agent ID to book train tickets and earn an instant commission on sale of every ticket and avail monthly incentive plans. A year earlier, it contributed 96% of the company's profit. IRCTC Job Opportunity 2021: Are you looking to earn an extra buck? Currently IRCTC system is capable of booking 18000 tickets a minute and can handle 3 lakh concurrent users. Vital and indispensable, this book will serve as the ultimate manual on investing and provide practical counsel to readers to achieve their financial goals. By Sonal Sachdev | Oct 31, 2021, 03:00 PM IST (Updated) Mini. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.). MC30 is a curated basket of 30 investment-worthy Current job openings at IRCTC in mumbai. “If the IRCTC share 50% revenue with the railways then the net impact of it on IRCTC earnings would be ~23-25%. Business With IRCTC|Business Opportunity|Business Idea|Earn Money: মাস ফুরলেই ৮০ হাজার টাকা রোজগার Business Opportunity with Railways: মাত্র ₹৪০০০ রেলের সঙ্গে শুরু করুন এই ব্যবসা, মাসে হাজার . You can start your travel business from a small office or within the comfort of your home with all the training and support provided by our team, thus saving on all infrastructural costs. The company's market capitalisation has . The total passenger revenue between April 2020 and February 2021 stood at Rs. IRCTC has always had a resilient business model. This is because Indian Railway Catering and Tourism Corporation Limited (IRCTC) is recruiting Rail Travel Service Agent (RTSA), giving you an opportunity to earn commission by selling tickets from the comforts of your city.Also Read - Inside Indian Railways' First Japanese-Style Pod Hotel in Mumbai | See Stunning Pics, Who is the RTSA agent? Invest in Direct Mutual Funds & New Fund Offer (NFO) Discover 5000+ schemes. The Two-Second Advantage explores the science behind the ways our brains act as predictive machines and shows how you too can learn the skills to put yourself those vital seconds ahead of the competition. Invest In MC 30. Don't worry if you don't know what it takes to become a professional travel agent. Found inside – Page 162implementation team at IRCTC decided that The Oracle E-Business Suite will meet all their present and future requirements. That implementation helped IRCTC streamline its business processes and information flow across its country-wide ... Indian Railway Catering and Tourism Corporation Ltd (IRCTC), which provides ticketing, catering, and tourism services for the Indian Railways, halted momentum after the government demanded the state-run company to share half of the convenience fee it charges to customers which was later rolled back. From 29 tickets booked on the first day in 2002 to more than 15 lakh tickets booked daily, IRCTC has come a long way. This book constitutes the refereed conference proceedings of the 16th IFIP WG 6.11 Conference on e-Business, e-Services and e-Society, I3E 2017, held in Delhi, India, in November 2017. An IRCTC travel agent gets a direct login in the portal of IRCTC. You only need to make an initial deposit of Rs 20,000. Railway E-ticketing constitutes 55% of total reserved tickets on Indian Railways. IRCTC. Authorized agent can book unlimited number of tickets without any restrictions and earn good margin on every transaction. Few of the benefits are: IRCTC Agents commission can go up to INR 80,000/- per month & even more on booking of train tickets. Spice Money is one of the largest Rural Fintech Companies in India & we have brought a transformative impact on digital, financial, and e-retail services across the rural and semi-urban regions. You earn high commissions on every ticket booking, You can book tatkal tickets after 15 minutes of general public opening time, You get one single platform to freely book other travel products along with rail tickets such as International & Domestic flights, bus booking, tours/holiday packages, money transfer, travel insurance and much more, You get a tag of a full-fledged Travel Agent, Your travel agency details get printed on the ticket. Stop loss : 600. This book is a collection of high-quality peer-reviewed research papers presented at Sixth International Conference on Recent Trends in Computing (ICRTC 2020) held at SRM Institute of Science and Technology, Ghaziabad, Delhi, India, during ... With a nominal investment you can earn a great margin. 48,809.40 crore (US$ 6.7 billion) for the corresponding period in the previous year. The convenience fee will continue to remain an overhang but for the moment the government has rolled back the decision which is positive for the stock in the near term. Long-term investors should remain invested without worrying about term volatility,” Parth Nyati, Founder, Tradingo, said. “On the downside, the recent low of 639 will be a key support to watch out and on the upside 985 is a stiff resistance area. Other businesses such as catering and other travel services yield very low margins. Apply to 500 IRCTC Jobs in mumbai on Timesjobs.com. Invest In MC 30. You mostly book tickets from IRCTC website for business or leisure purposes, but now Indian Railways give you an opportunity to earn money through its website. Chandan Sen July 21, 2021. Truecaller verifies IRCTC's 139 helpline number People will now see a green verified business badge logo while making calls to the 139 helpline. Additionally, SMS messages will also carry . The stock, which is a play on the growth story of Indian Railways, […] 0 0 2 minutes read. Found inside – Page 7IRCTC invites bids from telecom and IT companies to operate Railway call- center; Spanco-BSNL have higher ... However, the ISVs' share in the revenue will depend on type of work, competition, its entry in the market, and other factors. It is empowering travel agents with the tools to leverage the best income opportunities in the travel industry. IRCTC board had decided the strategy to divide the stock price on August 12. In The Archer we meet Tetsuya, a man once famous for his prodigious gift with a bow and arrow but who has since retired from public life, and the boy who comes searching for him. IRCTC may fall further, having a support at Rs 4,200 and Rs 3,800 and resistance at Rs 4,800 and Rs 5,200. Agencies Passengers can book the ticket by visiting IRCTC's official website . The convenience fee was reintroduced by the government for IRCTC in Sep’19 just before its IPO; however, this time the government did not take any sharing. Combining Time and Money to create Wealth This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. Get your License & start your own travel business. Practo . As per the agent renewal, every year Rs 5000 will be given. Enter the characters shown in the image. The shrine board is situated at a distance of about 12 km from Katra, Jammu. At the same time, we work in the open market too, where we are competing with the unorganised sector. IRCTC which provides ticketing, catering, and tourism services for the Indian Railways, halted momentum after the government demanded the state-run company to share half of the convenience fee it charges to customers which was later rolled back. Other businesses such as catering and other travel services yield very low margins. “The stock can remain volatile ahead of its results and any sharp dip can be used as an opportunity to buy the stock,” Aditya Agarwala, Senior Technical Analyst, YES SECURITIES, said. Earlier in the day, DIPAM Secretary Tuhin Kanta Pandey told Business Standard that the Railway Ministry's decision on convenience fee had been withdrawn. IRCTC career opportunities. https://www.zeebiz.com/personal-finance/news-stock-in-news-irctc-what-ha... 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IRCTC agent login is a special login provided to people who want to start their own travel business. A letter from the respective zonal railway will be issued. An equal sharing of the convenience fee with the ministry means a massive impact on its profitability. It is the only Indian platform designed to help you launch a profitable and successful business venture with zero onboarding costs. The stock is trading below its 30-DMA, but above 50, 100, and 200-DMA which is a positive sign. Last week when the government announced the reintroduction of revenue-sharing effective from Nov’21 it was not taken well by minority shareholders, and we saw the stock correct by almost 30 per cent. Found inside – Page 181For the purpose of the policy, Local Area would constitute of the area(s) falling in the vicinity of the Zones/Plants and locations, where IRCTC carries out its business. 2. To ensure an increased commitment at all levels in the ... Many analysts called the move to share IRCTC's convenience fee a negative . We have entrusted business partners all over the world, thereby providing a great opportunity for people eager to start their own business from the comfort of their city. To promote religious tourism, the IRCTC has planned a series of Shri Ramayana Yatra Tours, which will mark a gradual resumption of domestic tourism by trains in view of the improved COVID-19 situation. Whether you are a housemaker or someone looking for a side income – becoming a travel agent can be started from a small office or even from the comfort of your home with all the training and support provided by Akbar Travels. IRCTC agent login is a special login provided to people who want to start their own travel business. "IRCTC base kitchens, executive lounges, budget hotels, food plazas, travel and tour packages, Rail Neer plants will be 'sattvik' certified to ensure "vegetarian friendly travel," the statement . IRCTC offers the business license through its principal agents and Akbartravelsonline.com is one of the very few companies to appoint authorized e-Ticketing agents across India. For this, they are given separate IDs. Generous, authoritative, and grounded in lived experience, My Life in Full is the story of an extraordinary leader's life, a moving tribute to the relationships that created it, and a blueprint for twenty-first-century prosperity. Also Read - Rail Passengers Take Note! EaseMyTrip has a similar business like IRCTC's ticketing unit. These figures make it very clear that IRCTC ticket booking agency comes with a great earning potential. Inside Indian Railways' First Japanese-Style Pod Hotel in Mumbai | See Stunning Pics, Indian Railways Gets First Pod Hotel at Mumbai Central Station | Details Here, Rail Passengers Take Note! In exchange for ticket booking, agents earn a commission. Long. The IRCTC will promote "vegetarian-friendly travel" by getting some trains "sattvik certified", especially those running on routes connecting religious sites, according to a statement by Sattvik . The government withdrew its decision that led to a recovery in the stock, but experts feel that convenience fee will continue to pose a risk. Zee Entertainment Enterprises Limited. Enter the characters shown in the image. If yes, then join us today and become a professional travel agent. 14. Fill in the IRCTC Agent Registration Form, Receive your IRCTC Authorized Agent License, Start your Flexi hour home based business! Ahmedabad, In, 380006 India. With its first opening, the 'IRCTC Business Executive' lounge at New Delhi Railway Station, we aim to open the market of luxury and comfortable travel for the railway passengers. An equal sharing of the convenience fee with the ministry means a massive impact on its profitability. Copyright © 2018 www.akbartravels.com. Job opportunity! NSE. Akbar Travels. Found inside – Page 64IRCTC hosts a Web site (http://www.irctc.co.in) for booking railway tickets in India. ... tourism-related businesses, agencies and organizations need to work together to package and promote tourism opportunities in their areas, ... Convenience fees revenue formed ~17% of FY20 total revenue and 75% of EBIT,” Hemang Jani, Head Equity Strategy, Broking and Distribution, Motilal Oswal Financial Services, said. Also, one of the biggest risks for IRCTC is that the government controls the fees charged by it to the public and has the authority to change it which could lead to its resultant impact on IRCTC financials,” he said. The IRCTC will promote "vegetarian-friendly travel"by getting some trains "sattvik certified", especially those running on routes connecting religious sites, according to a statement by Sattvik . An IRCTC travel agent gets a direct login in the portal of IRCTC. What makes IRCTC India’s biggest e-commerce player? The Company will hunt for new ways to generate revenue and will definitely widen the ticketing base. The understanding of IRCTC business model and future prospects is available on youtube channel, search "the breakeven point channel". mins of general public ticket opening time. Travel Union is a partner that works for your best interests. Earn up to Rs 80,000 every month with IRCTC - Know how - If you are looking for additional income, then you can earn it by joining the Indian Railway Catering and Tourism Corporation or IRCTC. So will be looking at buying opportunities. This book presents an analysis of that period by an early participant in India’s e-commerce revolution and the many learnings he gained from setting up www.irctc.co.in – one of the most significant e-commerce platforms in the country.

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