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IRCTC offers discount on train tickets: Here are details you should know

IRCTC offers discount on train tickets: Here are details you should know

The Indian Railways Catering and Tourism Limited (IRCTC) has offering discounts on train tickets. IRCTC is offering attractive discounts on ticket booking through its official website www.irctc.co.in. However, passengers should know that they can't avail the discounts via offline mode.

Below we have listed the list of few discounts, IRCTC is offering and how to avail it.

Bank of Baroda hikes MCLR by 5 bps across tenors

Bank of Baroda hikes MCLR by 5 bps across tenors

Bank of Baroda Wednesday said it has increased the marginal cost of funds based lending rate (MCLR) by 0.05 per cent across tenors, days after market leader SBI hiked the rates. The bank has revised MCLR at 5 basis points (bps) above existing level across all tenors with effect from September 7, 2018, the bank said in a release.

On Teacher’s Day, Paytm’s Vijay Shekhar Sharma heaps praises on HDFC Bank’s Aditya Puri; here’s what he said

On Teacher’s Day, Paytm’s Vijay Shekhar Sharma heaps praises on HDFC Bank’s Aditya Puri; here’s what he said

Heaping praises on HDFC Bank CEO, Paytm’s Vijay Shekhar Sharma said that he hoped to acquire just 10% of Aditya Puri’s cast banking knowledge. “I think HDFC is the defining bank of this country. No other bank has lead the space for so many decades. Mr Puri is the most jovial banker I know, talking to him is like learning life lessons beyond financial lessons. I wish I learn just 10% of banking from him, as much he knows,” Vijay Shekhar Sharma told in an interview to ET Now.

Modi government working out relief package for airlines; Air India gets Rs 2,100 crore borrowing guarantee

Modi government working out relief package for airlines; Air India gets Rs 2,100 crore borrowing guarantee

In a breather to Indian aviation industry, which is reeling under rising fuel prices, low fares and high taxes, the government is working on a relief package for the airlines to help them cut costs and cope with depreciating rupee. While speaking on the sidelines of the International Aviation Summit organised by the International Air Transport Association,

Tata Sons may use 12,603 crore TCS windfall to cut debt

Tata Sons may use 12,603 crore TCS windfall to cut debt

New Delhi/Mumbai: Tata Sons Ltd is set for a windfall of as much as ₹ 12,603 crore from Tata Consultancy Services (TCS) Ltd through share buybacks and dividend income in the first half of the financial year, funds that chairman N. Chandrasekaran can use to pare debt in several group companies, a Mint analysis shows.

Tata Sons is expected to get at least ₹ 11,502 crore from the 54.7 million scrips it plans to tender in the TCS share buyback.

50% cost reduction eyed: BPCL, HPCL, IOC plan to share pipeline infra to reduce cost

50% cost reduction eyed: BPCL, HPCL, IOC plan to share pipeline infra to reduce cost

Public sector oil companies — HPCL, BPCL and IOC — are planning to share the investments for upcoming product and gas pipelines across the country that will help them reduce the capital expenditure on pipelines and enter newer markets at less than 50% of the original project cost.

The companies have already identified around 5-6 major pipeline projects where they plan to share the infrastructure, senior company officials said.

Coal India asked to speed up siding pact with railways

Coal India asked to speed up siding pact with railways

In the wake of shortage of fuel in thermal power plants due to inadequate transportation facilities, Coal India (CIL) has been asked to expedite the signing of private siding agreement with Railways. The process, which started in 2014, has been shuttling between the two ministries since then.

A railway siding is an area which is used for loading and unloading of coal in train rakes.

DLF's phygital platform 'Lukout' to help brands optimise marketing spends

DLF's phygital platform 'Lukout' to help brands optimise marketing spends

Shopping malls in India may soon steal the limelight from digital advertising and e-commerce platforms like Google, Facebook, Instagram, Amazon, Flipkart, etc., that are used by Indian and global consumer brands to target shoppers.

Taking the 'phygital' platform route, mall owners are expected to make significant investments to not just be relevant, but also stay a step ahead of their digital counterparts by offering real-time insights/data to brands being housed inside their premises.

Indian Air Force tests mid-air fuel refilling on Tejas fighter jet for the first time

Indian Air Force tests mid-air fuel refilling on Tejas fighter jet for the first time

A dry run of mid-air refuelling of Tejas fighter jet by an Indian Air Force aircraft was successfully conducted, a defence source said Tuesday.

The test conducted involved a dry linkup, meaning no fuel was actually transferred between Indian Air Force Il-78 tanker and Tejas fighter jet through its air-to-air refuelling probe, the source told PTI here.

Economists expect RBI to hike rates in Oct policy as rupee fall continues

Economists expect RBI to hike rates in Oct policy as rupee fall continues

With the continued fall in the rupee, economists and bond market participants expect the Reserve Bank of India (RBI) to hike rates in its October policy.

The rupee closed at 71.57 a dollar, down from its previous record close of 71.18. Other emerging markets currencies also fell against the dollar. The Indian central bank did not prevent the rupee’s fall.

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