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IRCTC hotels case: Delhi court defers formal framing of charges against Lalu, others

A Delhi court has adjourned the framing of money laundering charges against Lalu Prasad Yadav and his family members. The judge stated that all accused, except those exempted, must be present at the next hearing. The Enforcement Directorate's case involves the alleged IRCTC hotel scam, with nine of the sixteen…

The Economic Times · 6h ago

IRCTC hotel 'scam': Delhi HC seeks ED stand on Lalu Yadav's plea against money laundering charges

The Enforcement Directorate (ED) case arises from the CBI's FIR, which has alleged that Yadav entered into a criminal conspiracy with the owner of Sujata Hotels, Sarla Gupta, wife of his close associate Prem Chand Gupta, a Rashtriya Janata Dal MP in the Rajya Sabha, and IRCTC officials for "undue…

The Economic Times · Oct 29

Rail passengers opting for 45-paise travel insurance at counters must pay digitally from Oct 27

Railway passengers will need to pay for optional travel insurance through digital means starting October 27. This change follows a Supreme Court order requiring digital transactions for insurance premiums. The 45-paise premium cannot be paid in cash due to certain coins no longer being legal tender. Passengers who cancel tickets…

The Economic Times · Oct 26

Man books retiring room through IRCTC by paying Rs 333 for western bathroom, ends up with Indian toilet in the room; court orders Rs 20,000 compensation

Chandigarh State Consumer Commission increased the compensation for a senior citizen after inadequate toilet facilities were provided. The complainant, aged 73, booked a retiring room expecting a Western toilet but found an Indian toilet. Following initial acknowledgment of the error, the refund was denied after the room was not used.…

The Economic Times · Oct 3

IRCTC hotel scam: Delhi court defers formal framing of charges against Lalu Yadav, 8 others

A Delhi court has postponed the formal framing of money laundering charges against Lalu Prasad Yadav and others. The court has scheduled the next hearing for October 30 to continue the proceedings. Earlier, the previous court had identified strong evidence against the accused related to the IRCTC hotel scam. It…

The Economic Times · Oct 3

Booked but no ticket, money debited? Delhi HC seeks Railways, IRCTC response on plea seeking audit of online reservation system

The Delhi High Court on Wednesday sought the stand of the Ministry of Railways and the Indian Railway Catering and Tourism Corporation (IRCTC) on a Public Interest Litigation seeking an independent audit of the online railway ticket reservation system over alleged technical failures and possible unfair access to available tickets.

The Economic Times · Oct 1

State-owned Balmer Lawrie to demerge Travel & Vacations unit

Balmer Lawrie's board approved demerging its travel unit into a subsidiary. This move aims for operational agility and significant revenue growth. The division currently generates Rs 390 crore in annual revenue. Management expects the business to surpass Rs 500 crore within three years. This restructuring will attract specialized talent and…

The Economic Times · Sep 21

Train reached destination 9 hrs late; passenger gets Rs 35,000 from Railways without proving financial loss

A Jharkhand consumer commission has ordered South Eastern Railway and East Coast Railway to pay Rs 35,000 to a passenger whose train reached nearly nine hours late, rejecting the railway's objections on jurisdiction, missing parties and lack of proof of financial loss.

The Economic Times · Sep 21

Dividends and stock splits: IRCTC, BEML among 150+ stocks with record dates this week. Check full list

More than 150 companies have fixed record dates for dividends and stock splits between September 21 and September 25. IRCTC, BEML, Hindustan Copper, Cochin Shipyard and others feature among the stocks with corporate actions scheduled this week.

The Economic Times · Sep 20

AI eyes on your train food! Worried about train food hygiene? Railways brings tech solution to keep a 24x7 watch on pantry cars, kitchens and food handling

Indian Railways is set to enhance monitoring by installing AI-enabled CCTV cameras in pantry cars and base kitchens across the East Central Railway (ECR) zone. The initiative aims to strengthen oversight of food quality and hygiene, with continuous surveillance of catering operations. Passengers will continue to be able to register…

The Economic Times · Sep 13