The Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday announced that the company will now share half of its revenues earned from convenience fees with the Railway Ministry.
The IRCTC charges a convenience fee on every online booking. This is one of the key revenue for the company, fetching around Rs 620 crore for the Fiscal Year 2020.
Among other details, the IRCTC in today’s regulatory, has informed that the revenue-sharing arrangement would be enforced from November 1.
The Ministry of Railways is scheduled to announce its quarterly results for the second quarter on November 1. In the previous quarter, it had reported a 23% decline in net profit on a year-over-year basis at Rs 103.8 crore. Additionally, revenue had short fallen 41.2% on a year-over-year basis at Rs 338.8 crore.
This was because of the travel ban across the country during lockdowns and Covid second wave. However, the Railway ticketing business grew 9.5% on a year-over-year basis to Rs 212 crore in the March-end quarter.
The IRCTC is the only entity authorised by the Indian Railways to provide catering services, online tickets and packaged drinking water at railway stations and inside trains.
The IRCTC share rallied to a high of around Rs 6,400 on October 19 and then collapsed to below Rs 4,000 over the next couple of trading sessions that led the rumours of the appointment of a regulator for the railways.
With the closing price of Rs 923 after the 5:1 stock split, the stock is still down roughly 30% from its record high on Thursday.
As of 12:16 pm today, the IRCTC shares traded 17% higher at Rs 966, outperforming the Sensex which was down to 15. The company shares were trading up 15% at Rs 938.80 at 11.06 am. At 10.16 am, IRCTC was quoting at Rs 920.00, up to Rs 94.20, or 11.41 percent, on the BSE.
The much-anticipated teaser for L2: Empuraan, the second chapter of the planned trilogy directed by Prithviraj Sukumaran, has been unveiled, offering a glimpse of a darker, more brutal narrative. Starring Malayalam cinema legend Mohanlal, the film continues the story of Stephen Nedumpally, also known as Khureshi Ab’raam, a character that mesmerized audiences in Lucifer.
The teaser debuted at a grand event attended by the film’s key players, including Mohanlal, Prithviraj, and Mammootty, who released the teaser in style. Clocking in at 143 seconds, the preview immediately sets a grim tone, beginning in Qaraqosh, a war-torn town in Iraq. The atmosphere is tense, underscored by the chilling phrase, “Death to the Evil.”
One of the standout moments in the teaser recalls PK Ramdas (Sachin Khedekar) advising Priyadarshini (Manju Warrier) in the first film: “If one day you feel everything is falling apart and I’m not around, the only person you can turn to is Stephen.” This sentiment reverberates through the teaser as it shifts to Stephen’s iconic black Ambassador car, now layered with dust—an ominous sign of his long absence.
The suspense builds as a voice declares, “He leads the most powerful mercenary group in Asia,” introducing audiences to Stephen’s transformation into a figure commanding immense influence and fear. The teaser’s climactic moments highlight Mohanlal’s commanding return as Khureshi Ab’raam, warning of the perils of dealing with the devil.
Star-Studded Cast and Stellar Crew
Joining Mohanlal in this cinematic spectacle are Manju Warrier, Indrajith Sukumaran, Tovino Thomas, and others reprising their roles from Lucifer. The film also features Saniya Iyappan, Saikumar, Baiju Santhosh, Fazil, and Sachin Khedekar in key roles.
The story, penned by Murali Gopy, is brought to life with the expertise of cinematographer Sujith Vaassudev, editor Akhilesh Mohan, and composer Deepak Dev, whose score amplifies the teaser’s intensity.
As the teaser hints at power struggles, deceit, and vengeance, L2: Empuraan sets the stage for an explosive continuation of this gripping saga, leaving fans eagerly awaiting its release.
The Maharashtra State Board of Technical Education (MSBTE) has officially announced the results for the Winter 2024 diploma exams. Students who appeared for these exams, held in December 2024, can now access their results on MSBTE’s official website, msbte.org.in.
To check the MSBTE Winter Exam Result 2025, candidates must have their enrollment or seat numbers ready. The results are accessible via a direct link available on the website.
Navigate to the “Examination” section and click on “Winter 2024 Exam Result.”
Enter your enrollment number or seat number in the required fields.
Click on the “Show Result” button to view your marksheet.
Download and save the PDF for future reference.
Details mentioned on the MSBTE Winter Diploma results:
The MSBTE Winter Diploma Marksheet 2025 includes the following information:
Student’s name
Register number
Course name
Marks obtained in each subject
Subject codes and names
Total marks
Maximum marks
Result status (Pass/Fail)
The announcement is crucial for diploma students across Maharashtra as it determines their academic progress and eligibility for future courses or career opportunities.
Students are advised to verify all details on their marksheets and contact the board in case of discrepancies. For further updates, visit the official MSBTE website.
The Waqf Amendment Bill is poised for a final vote on January 29 in the Joint Parliamentary Committee. The committee had been tasked with reviewing the bill by November 29, which was then extended to February 13, approved 14 changes to the draft. The 44 amendments proposed by the Opposition were rejected by its chairman BJP MP Jagadambika Pal.
The Opposition had accused the BJP of bias in several sittings of the committee leading to the suspension of several MPs, including Kalyan Banerjee of Trinamool Congress and Asaduddin Owaisi of the AIMIM, both vocal critics of the Bill.
The Opposition MPs had also written to Speaker Om Birla against Pal, saying he was rushing the Bill to gain political mileage ahead of the Delhi Assembly election due to be held on February 5.
Earlier, reports had said Banerjee had broken a glass during a verbal altercation while in deliberations with BJP MP and former Calcutta HC judge Abhijit Gangopadhyay.
The Bill aims to reform Waqf Board administration, mandating the inclusion of non-Muslim and women members. The Central Waqf Council’s composition would also change, incorporating a Union minister, MPs, ex-judges, and individuals of national repute, regardless of religious affiliation. Crucially, the Council’s land acquisition powers would be removed. A controversial clause restricts donations to Muslims practicing their faith for at least five years, prompting concerns about religious freedom.
While proponents claim the bill empowers Muslim women and children, critics, including the Congress and the DMK, allege it infringes upon Articles 15 and 30 of the Constitution, which guarantee freedom of religion and the right of minorities to administer educational institutions. The final report is expected by January 31.
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