Sunday, May 19

IRCTC Plans Catering Services for All Full Tariff Booked Trains; Shares Surge 7% in a Day.

IRCTC Plans Catering Services for All Full Tariff Booked Trains; Shares Surge 7% in a Day.


IRCTC Shares Surge Over 7% as Railways Ministry Announces Catering Facilities for Full Tariff Booked Trains. IRCTC’s stock price witnessed a 7% surge following an announcement by the Railways Ministry. The ministry declared that IRCTC would be responsible for catering facilities in coaches and trains booked on full tariff rates (FTR).

 

IRCTC Plans Catering Services for All Full Tariff Booked Trains
IRCTC Plans Catering Services for All Full Tariff Booked Trains

 

Special coaches or trains must also book catering services through IRCTC, except when booking FTR trains with pantry cars. The notification specified that FTR train bookings with pantry coaches would receive flameless cooking facilities. In cases where flameless pantry cars were unavailable, LHB rakes would be provided for FTR bookings.

If no flameless pantry was available, catering services would be mandatory through IRCTC. The FTR booking module would include passenger manifest uploading 24 hours before departure. No VPU/VPH allotments would be made for third-party FTR trains booked by private parties.

Security or railway staff must conduct mandatory checks for inflammables at the originating station of FTR party coaches/trains. Passengers’ de-boarding and boarding should follow the submitted tour program to ensure platform facilities. Platforms or sidings for boarding/de-boarding and coach stabling must be available during en-route halts.

Regular checks for compliance with guidelines should be conducted by IRCTC/Railway officials. On the BSE, IRCTC shares closed at Rs 725.60 apiece, marking a 2.6% increase on Friday. However, the stock rallied by 7.2%, reaching an intraday high of Rs 758.10 apiece during the day.


Also Read: US F-22 Raptor Allegedly Engaged a UFO, Not a Chinese Spy Balloon, Over Northern Canada in February – Reports

Leave a Reply

Your email address will not be published. Required fields are marked *