July 27, 2017 5:09 PM ET

Hotels, Restaurants and Leisure

Company Overview of Indian Railway Catering and Tourism Corporation Ltd.

Company Overview

Indian Railway Catering and Tourism Corporation Limited provides travel, tourism, and hospitality services in India. The company operates through four segments: Catering and Hospitality, Internet Ticketing, Travel & Tourism, and Rail Neer. The Catering & Hospitality segment provides railway catering and hospitality services, which include department, mobile, and static catering services; and non railway catering and hospitality services comprising institutional catering, office catering, event catering and management, facility management, guest house management, housekeeping, consultancy services, food courts, kiosks, etc. The Internet Ticketing segment operates e-commerce site to book the t...

Statesman House, B-148

11th Floor

Barakhamba Road

Connaught Place

New Delhi,  110001

India

Founded in 1999

Phone:

91 11 2331 1263

Fax:

91 11 2331 1259

Key Executives for Indian Railway Catering and Tourism Corporation Ltd.

Chairman and Managing Director
Director of Finance and Whole-Time Director
Chief Vigilance Officer
Chief Vigilance Officer
Age: 28
Company Secretary
Compensation as of Fiscal Year 2017.

Indian Railway Catering and Tourism Corporation Ltd. Key Developments

Three Railway Public Sector Firms' To Get Listed

Indian Railway Finance Corporation Limited, Ircon International Limited and Indian Railway Catering and Tourism Corporation Ltd, the three railway public sector undertakings, will be listed as planned. Bid managers have been appointed by the Government of India for the three companies.

Govt Lists IOC, NTPC, SAIL for INR 725 billion Disinvestment Plan For 2017-18

On April 12, 2017, the cabinet committee on economic affairs cleared the listing of shares in Rail Vikas Nigam Limited (RVNL), IRCON International Limited, Indian Railway Finance Corporation Limited, Indian Railway Catering and Tourism Corporation Ltd. (IRCTC), RITES Ltd., Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers Ltd., Mazagon Dock Shipbuilders Limited (MDSL), North Eastern Electric Power Corporation Limited, MSTC Limited and Mishra Dhatu Nigam Limited. The listing of these companies will be through public offer of shares upto 25% of government's shareholding. he advisers have been asked to send their proposals to the finance ministry by May 12, 2017.

Finance Minister Starts Listing Process Of IRCTC, IRFC and IRCON

Within three weeks of Budget announcement, the Finance Ministry today started the process of listing three rail PSUs- Ircon International Limited, Indian Railway Catering and Tourism Corporation Ltd. and Indian Railway Finance Corporation Limited. The Government is considering divesting a portion of the paid-up equity share capital through an IPO and has sought Expression of Interest (EoI) from merchant bankers by March 16, 2017. The Department of Investment and Public Asset Management (DIPAM) is scouting for merchant bankers to manage the initial public offering (IPO) of the three PSUs, which is under the administrative control of the Rail Ministry.

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Recent Private Companies Transactions

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Date
Target
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