Indian Railway Catering and Tourism Corporation

Overview

  • Founded Date January 1, 1900
  • Sectors Railway
  • Posted Jobs 0
  • Viewed 237

Company Description

Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services to the Indian Railways. It was initially wholly owned by the Government of India, as a subsidiary of the Indian Railways, and operated under the administrative control of the Indian Ministry of Railways, but has been listed on the National Stock Exchange since 2019, with the Government continuing to hold majority ownership.

The IRCTC was established on 27 September 1999, as a public sector undertaking completely owned by the Government of India through the Indian Railways. It is the only entity that is authorized to provide certain services to the Indian Railways, including online ticketing, catering, and selling drinking water on trains and at railway stations. In May 2008, it was classed as a Miniratna public corporation, which allowed it a certain degree of financial autonomy.

 
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