India

‘This Is a Misleading Statement,’ IRCTC Says While Countering Congress Spokesperson’s Claims

The Indian Railway Catering and Tourism Corporation (IRCTC) dropped a Tweet on Sunday to counter the claims of Congress spokesperson Jairam Ramesh. The post read that Adani’s latest acquisition of online train booking and information platform Trainman does not threaten or challenge them as according to Jairam, Adani’s acquisition was an attempt to take over a public sector company.

While re-tweeting Ramesh’s post, IRCTC articulated in Hindi, “This is a misleading statement. Trainman is one of the 32 authorized B2C (Business to Customer) partners of IRCTC. Changing the stake won’t make any difference. All integration and operations will continue to be done through IRCTC. It will only complement IRCTC and is not a threat or challenge to IRCTC.”

This tweet was a reply to Jairam Ramesh’s statement on the development. “First collision with IRCTC… and then take over,” he penned in Hindi while posting his thoughts on Twitter.

According to a statement from the government-controlled company, Trainman is one of the 32 business-to-consumer partners of IRCTC, contributing 0.13% of the total volume of reserved ticket sales. Moreover, the application of the current B2C policy will not be altered in any way as a result of the acquisition by any other agency, and all integrations and operations will “continue to be done through IRCTC.”

On Friday, Adani Enterprises Ltd. announced its plans to purchase 100% of Stark Enterprises, the company that runs the train ticketing website, Trainman.

Meanwhile, IRCTC claims that in order to expand its reach, it has partnered with numerous organisations under the business-to-business, business-to-consumer, and e-governance schemes. IRCTC also claims that there is no rivalry between it and its agents.

As per the statement, the B2C companies have integrated with IRCTC to offer reserved e-ticketing services to customers directly through their websites or mobile apps using IRCTC API. 33.8% of its revenue came from ticket sales in FY23, down from 54% in FY22, while 41.7% came from catering, up from 27% the year before.

Also Read: Lenders to Consider Forensic Audit of Go First’s Accounts

Malika Sahni

Recent Posts

Gautam Adani, Family Participate In Puri Rath Yatra; Launch Massive ‘Prasad Seva’ Initiative

Gautam Adani, along with his wife Priti Adani and son Karan Adani, joined thousands of…

24 mins ago

PM Modi, Leaders Pay Tribute To Former PM PV Narasimha Rao On Birth Anniversary

PM Narendra Modi on Saturday paid tribute to former Prime Minister PV Narasimha Rao on…

43 mins ago

Gautam Adani Hails Divine Experience At Rath Yatra; Praises Odisha’s Graceful Management

Gautam Adani conveyed profound spiritual emotions after witnessing the revered Rath Yatra of Lord Jagannath…

49 mins ago

Punjab’s Litchis Reach Middle East Markets In Boost To India’s Fruit Exports

In a step towards diversifying India’s horticultural exports, Punjab has successfully shipped its first consignment…

1 hour ago

Dalal Street Sees Strong Activity Of IPOs In June As Market Sentiment Improves

India’s primary market experienced a surge in activity in June 2025 as investor sentiment toward…

2 hours ago

ITC’s Non-Cigarette FMCG Business Sees ₹34,000 Crore Consumer Spend In FY25

Consumers spent over ₹34,000 crore on ITC’s non-cigarette fast-moving consumer goods (FMCG) products in the…

2 hours ago