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The CEO Magazine
A monthly magazine for business leaders and decision makers
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indinarailway

IRCTC May Hit the Market with IPO on 30th September

IRCTC May Hit the Market with IPO on 30th September The state-owned Indian Railway Catering and Tourism Corp. Ltd (IRCTC) plans to launch its Initial Public Offering (IPO) immediately after the sharp turnaround in the market with benchmark Sensex, which gained 8% or 2899 points after the government cut corporate tax on Friday. The Indian Railway and Tourism Corporation (IRCTC) is the subsidiary of Indian railway that handles ticketing and catering operations. The stake sale will be bringing down the government share in the…
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