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Railways

IR reviews Flexi Fare scheme

IR has reviewed and rationalised the Flexi Fare Scheme based on the recommendations of the Review Committee, Comptroller and Auditor General’s report. Upon rationalisation, 15 trains with an average monthly occupancy less than 50 per […]

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Railways

RITES IPO oversubscribed by 67.17 times

The initial public offering (IPO) of RITES Limited was oversubscribed 67.17 times. The issue reportedly received total bids of about 1.7 billion  shares against the total issue size of 25.2 million shares. The qualified institutional […]